AI Cloud annualized run-rate revenue from 150,000 GPU fleet
Company: IREN
The claim, verbatim
The 150,000 GPU fleet is expected to support AI Cloud annualized run-rate revenue of over $3.7 billion by the end of 2026
Source (primary)
iren 8-K exhibit (ny20064909x3_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗
Quote: “The 150,000 GPU fleet is expected to support AI Cloud annualized run-rate revenue of over $3.7bn by the end of 2026”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states the expected run-rate revenue figure for the 150,000 GPU fleet.
Confirmed in the source:
- The 150,000 GPU fleet is expected to support AI Cloud annualized run-rate revenue of over $3.7 billion by the end of 2026
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036126007905/ny20064909x3_ex99-1.htm) in full (5,754 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ny20064909x3_ex99-1.htm)
Quote: “The 150,000 GPU fleet is expected to support AI Cloud annualized run-rate revenue of over $3.7bn by the end of 2026”