IRM: Q3 growth accelerated, led by Data Center and ALM, supporting record 2026 guidance

What happened

Iron Mountain reported that third-quarter revenue grew 13% to $1.991B, while net income rose 49% and Adjusted EBITDA increased 13%. The title says Data Center and ALM led growth and that the company’s 2026 guidance targets about 16% revenue growth and another record year.

Confirmed

Global impact / market context

Revenue growth alongside higher net income and Adjusted EBITDA suggests the company’s expansion is translating into stronger reported earnings. If the targeted growth continues, it could support future revenue and cash available, while making delivery against 2026 guidance important to investor expectations.

Analyst inference

The supplied summary identifies Data Center and ALM as the leaders of third-quarter growth but gives no segment figures, costs, or investment plans. Investors therefore cannot tell from this information alone how much each business contributed or what spending is needed to sustain the target.

Analyst inference

What to watch

1. Check later company updates for whether Data Center and ALM continue leading growth; a change in their contribution could alter the path toward the 2026 revenue target. Analyst inference
2. Compare reported revenue growth with the roughly 16% 2026 target in future results, since a persistent shortfall could weaken confidence in the guidance. Analyst inference
3. Look for segment revenue and spending details, which would clarify whether expansion in Data Center and ALM is adding sales faster than it adds costs. Analyst inference

Evidence

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