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Iron Mountain (IRM) Reports Q1 Earnings: What Key Metrics Have to Say

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Iron Mountain (IRM - Free Report) reported $1.94 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 21.6%. EPS of $1.43 for the same period compares to $0.43 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.86 billion, representing a surprise of +4.31%. The company delivered an EPS surprise of +2.88%, with the consensus EPS estimate being $1.39.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Iron Mountain performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues- Service Revenue: $841.38 million compared to the $779.29 million average estimate based on two analysts. The reported number represents a change of +30.6% year over year.
  • Revenues- Storage Rental Revenue: $1.09 billion versus the two-analyst average estimate of $1.08 billion. The reported number represents a year-over-year change of +15.4%.
  • Adjusted EPS-Fully Diluted from Continuing Operations: $0.6 million versus $0.52 million estimated by two analysts on average.

View all Key Company Metrics for Iron Mountain here>>>

Shares of Iron Mountain have returned +13.4% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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