IRM · 8-K · 20261105PR000081
Guidance / Outlook
IRON MOUNTAIN INC · 2026-11-05 · Importance 85 · Surprise 76 · No source text
Iron Mountain raised its 2026 financial guidance following third-quarter results. Full-year revenue guidance is $7.950 billion to $8.020 billion, with approximately 16% growth at the midpoint. Adjusted EBITDA guidance is $2.948 billion to $2.978 billion, or approximately 15% midpoint growth; AFFO guidance is $1.780 billion to $1.800 billion, or approximately 16% growth. AFFO per-share guidance is $5.94 to $6.00, representing approximately 15% growth, and Q4 guidance includes revenue of about $2.030 billion, adjusted EBITDA of about $780 million, and AFFO of about $473 million.
Key facts
- Full-year 2026 revenue guidance is $7.950 billion to $8.020 billion, approximately 16% year-over-year growth at the midpoint. source
- Full-year 2026 Adjusted EBITDA guidance is $2.948 billion to $2.978 billion, approximately 15% year-over-year growth at the midpoint. source
- Full-year 2026 AFFO guidance is $1.780 billion to $1.800 billion, approximately 16% year-over-year growth at the midpoint. source
- Q4 2026 revenue guidance is approximately $2.030 billion. source
- Q4 2026 Adjusted EBITDA guidance is approximately $780 million. source
- Q4 2026 AFFO guidance is approximately $473 million. source
- Full-year 2026 AFFO-per-share guidance is $5.94 to $6.00, approximately 15% year-over-year growth at the midpoint. source
- Q4 2026 AFFO-per-share guidance is approximately $1.57. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +46.1% | Full-year 2026 revenue guidance is $7.950 billion to $8.020 billion, approximately 16% year-over-year growth at the midpoint. |
| operating_income | positive | committed | +16.2% | Full-year 2026 Adjusted EBITDA guidance is $2.948 billion to $2.978 billion, approximately 15% year-over-year growth at the midpoint. |
| cash | positive | committed | +0.9% | Full-year 2026 AFFO guidance is $1.780 billion to $1.800 billion, approximately 16% year-over-year growth at the midpoint. |
| revenue | unclear | committed | — | Q4 2026 revenue guidance is approximately $2.030 billion. |
| operating_income | unclear | committed | — | Q4 2026 Adjusted EBITDA guidance is approximately $780 million. |
| cash | unclear | committed | — | Q4 2026 AFFO guidance is approximately $473 million. |