FY2026 AI Cloud Services Revenue
Company: IREN
The claim, verbatim
AI Cloud Services revenue reached $128.8 million for fiscal year 2026, approximately 8 times the prior year
Source (primary)
JPMorgan Predicts IREN Will Generate $24 Billion in Annual Revenue by 2030 - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-27)Live source ↗Archive.org ↗
Quote: “AI Cloud Services revenue reached $128.8M for FY26, roughly 8x the prior year.”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The article gives both the $128.8M FY26 AI Cloud Services figure and the roughly 8x year-over-year growth.
Confirmed in the source:
- IREN's AI Cloud Services revenue was $128.8 million for fiscal year 2026
- IREN's FY2026 AI Cloud Services revenue was roughly 8 times the prior year's
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/26/jpmorgan-predicts-iren-will-generate-24-billion-in-annual-revenue-by-2030/) in full (11,060 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms JPMorgan Predicts IREN Will Generate $24 Billion in Annual Revenue by 2030 - 24/7 Wall St.
Quote: “AI Cloud Services revenue reached $128.8M for FY26, roughly 8x the prior year.”