Q3 FY2026 AI Cloud Revenue
Company: IREN
The claim, verbatim
In the June quarter, AI Cloud services generated $70.5 million in revenue, more than double the previous quarter
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: “In the June quarter, AI Cloud brought in $70.50M, more than double the previous quarter”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The article states AI Cloud brought in $70.50M in the June quarter, more than double the previous quarter.
Confirmed in the source:
- IREN's AI Cloud revenue in the June quarter was $70.5 million
- IREN's June-quarter AI Cloud revenue was more than double the previous quarter'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: “In the June quarter, AI Cloud brought in $70.50M, more than double the previous quarter”