AI Cloud Services revenue in FY26
Company: IREN
The claim, verbatim
IREN's AI Cloud Services revenue rose to $128.8 million in FY26 from $16.4 million in the prior year
Source (primary)
Northland starts IREN at Outperform with $99 target, implying 128% upside - Yahoo Finance (-, news_article)
View cached copy (2026-09-21)Live source ↗
Quote: “AI Cloud Services revenue rose to $128.8 million from $16.4 million a year earlier”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The article states that in IREN's FY26 results, AI Cloud Services revenue rose to $128.8 million from $16.4 million a year earlier.
Confirmed in the source:
- IREN's AI Cloud Services revenue was $128.8 million in FY26
- IREN's AI Cloud Services revenue was $16.4 million in the prior year (FY25)
- AI Cloud Services revenue rose year over year
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/northland-starts-iren-outperform-99-135457164.html) in full (9,648 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Northland starts IREN at Outperform with $99 target, implying 128% upside - Yahoo Finance
Quote: “AI Cloud Services revenue rose to $128.8 million from $16.4 million a year earlier”
confirms Northland starts IREN at Outperform with $99 target, implying 128% upside - t.co
Quote: “AI Cloud Services revenue rose to $128.8 million from $16.4 million a year earlier”