$700M Nvidia Cloud ARR in 2027
Company: IREN
The claim, verbatim
IREN expects $700 million annualized recurring revenue from Nvidia Cloud contract deliveries ramping in 2027
Source (primary)
IREN Q4 adj. EPS $(0.74) misses; BTIG sees $4B ARR - scanx.trade (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “This figure excludes 2027 revenue ramps, such as the $700 million ARR tied to Nvidia Cloud contract deliveries.”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article cites $700 million of ARR tied to Nvidia Cloud contract deliveries as a 2027 revenue ramp. A second article on the same page lists 'Nvidia Cloud ARR $700 million expected to ramp in 2027'.
Confirmed in the source:
- About $700 million of annualized recurring revenue is tied to Nvidia Cloud contract deliveries
- This revenue is expected to ramp in 2027
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/technology/iren-leads-coreweave-ai-revenue-per-megawatt-metric/48621281) in full (23,758 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Q4 adj. EPS $(0.74) misses; BTIG sees $4B ARR - scanx.trade
Quote: “This figure excludes 2027 revenue ramps, such as the $700 million ARR tied to Nvidia Cloud contract deliveries.”