AI Cloud ARR target for Q1 2026
Company: IREN
What the later record shows
Outcome not yet confirmed
No passage reports AI Cloud ARR at the end of Q1 2026.
Checked November 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
IREN is targeting AI Cloud ARR of greater than $500m by the end of Q1 2026.
Source (primary)
iren 8-K exhibit (q1fy26resultspressreleas.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “target AI Cloud ARR of >$500m by end of Q1 2026”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
IREN's Q1 FY26 results release states that new multi-year contracts support growth to a target AI Cloud ARR of more than $500m by the end of Q1 2026.
Confirmed in the source:
- IREN is targeting AI Cloud annualized run-rate revenue (ARR) of more than $500m
- The target date for this ARR is the end of Q1 2026
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000079/q1fy26resultspressreleas.htm) in full (25,079 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (q1fy26resultspressreleas.htm)
Quote: “target AI Cloud ARR of >$500m by end of Q1 2026”