jain.com

2026 ARR Guidance Raised to $4 Billion

Company: IREN

Subject kind
guidance
Statement date
2026-09-14
Promised amount
4.0 USD
Current status
stated

The claim, verbatim

IREN raised its 2026 annual recurring revenue (ARR) guidance to $4.0 billion from $3.4 billion

Source (primary)

IREN gets double upgrade as JPMorgan, BTIG cite strong AI demand - scanx.trade (-, news_article)
View cached copy (2026-09-14)Live source ↗

Quote: “IREN raised its 2026 annual recurring revenue (ARR) guidance from $3.4 billion in November to $3.7 billion in May, and recently to as much as $4.0 billion.”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The article says IREN raised its 2026 ARR guidance to $4 billion from $3.4 billion, passing through $3.7 billion in May. The body text says 'as much as' $4.0 billion.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-gets-double-upgrade-jpmorgan-btig-cite-strong-ai-demand/50945778) in full (19,739 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN gets double upgrade as JPMorgan, BTIG cite strong AI demand - scanx.trade

Quote: “IREN raised its 2026 annual recurring revenue (ARR) guidance from $3.4 billion in November to $3.7 billion in May, and recently to as much as $4.0 billion.”

View cached copy (2026-09-14)Live source ↗