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Operating ARR as of August 2026

Company: IREN

Subject kind
product
Statement date
2026-09-23
Promised amount
1.0 billion USD
Current status
stated

The claim, verbatim

Had approximately $1 billion of operating ARR as of August

Source (primary)

Rothschild Redburn starts IREN at Neutral with $40 target, forecasts $13.3 billion revenue by fiscal 2029 - Yahoo Finance (-, news_article)
View cached copy (2026-09-24)Live source ↗

Quote: “IREN said in August that it had about $1 billion of operating ARR”

How we checked this

Checked on September 27, 2026. The cited source supports every part of this claim.

The article states IREN said in August that it had about $1 billion of operating ARR.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/rothschild-redburn-starts-iren-neutral-133602466.html) in full (9,351 characters, retrieved September 24, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Rothschild Redburn starts IREN at Neutral with $40 target, forecasts $13.3 billion revenue by fiscal 2029 - Yahoo Finance

Quote: “IREN said in August that it had about $1 billion of operating ARR”

View cached copy (2026-09-24)Live source ↗