2026 ARR guidance increased to over $4 billion
Company: IREN
The claim, verbatim
Raised 2026 ARR estimates to more than $4 billion, up from prior estimate of $3.7 billion, following signing of new multi-year cloud services contracts worth $2.8 billion
Source (primary)
CRWV vs IREN: Which Stock Does Jim Cramer Think Is The Better Neocloud Bet? - Stocktwits (-, news_article)
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Quote: “Last month, IREN raised its 2026 ARR estimates to more than $4 billion, up from $3.7 billion, after signing new multi-year cloud services contracts worth $2.8 billion.”
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Additional evidence
confirms CRWV vs IREN: Which Stock Does Jim Cramer Think Is The Better Neocloud Bet? - Stocktwits
Quote: “Last month, IREN raised its 2026 ARR estimates to more than $4 billion, up from $3.7 billion, after signing new multi-year cloud services contracts worth $2.8 billion.”