Operating ARR Achievement
Company: IREN
The claim, verbatim
IREN reached $1 billion in operating annualized recurring revenue as of late August 2026
Source (primary)
IREN shares stabilize as $1 billion ARR offsets AI slowdown fears - scanx.trade (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “The company highlighted reaching $1 billion in operating annualized recurring revenue (ARR) as of late August”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article states IREN reached $1 billion in operating ARR as of late August, in a September 2026 piece about its Aug. 27 update.
Confirmed in the source:
- IREN reached $1 billion in operating annualized recurring revenue
- This was as of late August 2026, per the article published September 2026 citing the Aug. 27 update
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/iren-shares-stabilize-1-billion-arr-offsets-ai-slowdown-fears/50942616) in full (19,501 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN shares stabilize as $1 billion ARR offsets AI slowdown fears - scanx.trade
Quote: “The company highlighted reaching $1 billion in operating annualized recurring revenue (ARR) as of late August”