Iron Mountain Incorporated (IRM) earnings on August 5, 2026

Before the market opens Q2 2026

More Iron Mountain Incorporated earnings

Prior outlook: Pessimistic Outcome: Partial

Iron Mountain beat profit and sales estimates and raised its full-year outlook. The stock rose steadily, closing up over 1.5%.

IRM price around the earnings

127.13

Change: +1.4%

2026-08-05, 20:00 UTC

Start of the measured window End of the measured window
121.41 124.27 127.14 130.00 125.41
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
August 5, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Partial

Thesis published
Results released

Regulatory headwinds from NY data center moratorium persist, driving a consistent pessimistic trajectory into earnings.

Context analyzed before publication

Trend
Consistent pessimistic trajectory driven by regulatory headwinds, indicating the price comes from a strong recent drop into earnings.

Analysts

Evidence

Analysts covering the stock
11
Average price target
132.82
Lowest price target
44
Highest price target
149
Upside to price target
5.8%
Quarterly earnings growth
800.6%
Revenue growth
21.6%
Forward EPS
2.68
Trailing EPS
0.93
Analyst moves in the last 60 days
1
  • Strong buy: 4
  • Buy: 6
  • Hold: 0
  • Sell: 1
  • Strong sell: 0
Strong buy
4
Buy
6
Hold
0
Sell
1
Strong sell
0
  • July 1, 2026 · Barclays: Maintains rating (Overweight → Overweight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News

There is no news coverage available for this event.

Technicals

Evidence

Price when the context was analyzed
125.41
Average true range (ATR)
3.5%
Distance to 52-week high
-5.7%
14-day change (14d)
-0.1%
30-day change (33d)
+7.0%
30-day relative strength
+3.5%
SPY change (33d)
+3.5%
Nearest support
124.79
Distance to nearest support
0.5%
Nearest resistance
125.77
Distance to nearest resistance
0.3%
Volume accumulation ratio (14d / 46d)
1.21
  • Mid: 124.79 (0.5% away, 0.14 ATR, 22 touches)
  • Minor: 123.59 (1.5% away, 0.41 ATR, 7 touches)
  • Major: 122.79 (2.1% away, 0.59 ATR, 25 touches)
  • Major: 125.77 (0.3% away, 0.08 ATR, 50 touches)
  • Mid: 127.07 (1.3% away, 0.38 ATR, 18 touches)
  • Mid: 128.42 (2.4% away, 0.68 ATR, 23 touches)

Trends

Evidence

Average earnings surprise
+4.4%
  • April 30, 2026: actual EPS 0.6 vs estimate 0.52 (surprise +15.8%)
  • February 12, 2026: actual EPS 0.61 vs estimate 0.59 (surprise +3.8%)
  • November 5, 2025: actual EPS 0.54 vs estimate 0.53 (surprise +2.4%)
  • August 6, 2025: actual EPS 0.48 vs estimate 0.5 (surprise -4.2%)

Expected move

Implied move
+6.0%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.6%
75th percentile move
6%
90th percentile move
8%
Up / down moves
12 / 8
Average up move
+4.2%
Average down move
-4.2%

Monitoring and close

What Iron Mountain Incorporated reported

Status
Finished
Actual EPS0.6
EPS estimate0.56
EPS surprise+7.1%
Revenue$2,029 million
Revenue estimate$1,968 million
Revenue surprise+3.1%

Iron Mountain beat Q2 estimates and raised its 2026 outlook, driven by data centers and ALM. Shares jumped 20.7% premarket, reflecting an optimistic view.

Sources (10)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +3.3% pre-market, a move in line with the stock's usual reaction (about 4%). The figures overturn the prior pessimistic scenario. In the 1,275 similar cases in our market history, the close held that direction 86% of the time.

How the stock reacted

Outcome
Partial
Consolidated
+1.6%
Max favorable move (MFE)
3.3%
Max adverse move (MAE)
3.4%