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Calendar 2026 ARR target

Company: IREN

Subject kind
guidance
Statement date
2026-08-27
Promised by
2026-12-31
Promised amount
4.0 billion
Current status
stated

The claim, verbatim

Calendar 2026 annual recurring revenue target of $4.0 billion, raised from $3.4 billion

Source (primary)

IREN shares rise on AI pivot, $4 billion revenue target - scanx.trade (-, news_article)
View cached copy (2026-09-20)Live source ↗

Quote: “Management raised its expected calendar 2026 annual recurring revenue target to $4.0 billion, up from the previous $3.4 billion estimate”

How we checked this

Checked on September 25, 2026. The cited source supports every part of this claim.

The article states management raised the calendar 2026 ARR target to $4.0 billion from $3.4 billion.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-shares-rise-ai-pivot-4-billion-revenue-target/51197812) in full (19,777 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN shares rise on AI pivot, $4 billion revenue target - scanx.trade

Quote: “Management raised its expected calendar 2026 annual recurring revenue target to $4.0 billion, up from the previous $3.4 billion estimate”

View cached copy (2026-09-20)Live source ↗