jain.com

Calendar 2026 annual recurring revenue target

Company: IREN

Subject kind
guidance
Statement date
2026-09-15
Promised by
2026-12-31
Promised amount
4000.0 USD
Current status
stated

The claim, verbatim

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

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 this in the same words.

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 ↗