AI Cloud annualized run-rate revenue target
Company: IREN
The claim, verbatim
IREN is targeting $3.4bn in AI Cloud annualized run-rate revenue by the end of 2026, representing an expansion to 140k GPUs.
Source (primary)
iren 8-K exhibit (q1fy26resultspressreleas.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “Targeting $3.4bn in AI Cloud annualized run-rate revenue (ARR) by the end of 2026 (expansion to 140k GPUs)”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms iren 8-K exhibit (q1fy26resultspressreleas.htm)
Quote: “Targeting $3.4bn in AI Cloud annualized run-rate revenue (ARR) by the end of 2026 (expansion to 140k GPUs)”