jain.com

Contracted ARR target

Company: IREN

Subject kind
guidance
Statement date
2026-09-09
Promised by
2026-12-31
Promised amount
4.0 billion USD
Current status
stated

The claim, verbatim

$4B in contracted annualized recurring revenue (ARR) targeted operational by December 31, 2026

Source (primary)

Could IREN Become the Next Nvidia-Backed AI Winner? - Yahoo Finance (-, news_article)
View cached copy (2026-09-11)Live source ↗Archive.org ↗

Quote: “IREN has $4B in contracted annualized recurring revenue targeted operational by December 31, 2026”

How we checked this

Checked on September 20, 2026. The cited source supports every part of this claim.

The document states verbatim that IREN targets $4B in contracted ARR operational by December 31, 2026.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/could-iren-become-next-nvidia-183053380.html) in full (13,588 characters, retrieved September 11, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Could IREN Become the Next Nvidia-Backed AI Winner? - Yahoo Finance

Quote: “IREN has $4B in contracted annualized recurring revenue targeted operational by December 31, 2026”

View cached copy (2026-09-11)Live source ↗Archive.org ↗