$4B signed ARR for 2026 capacity, $1B operating
Company: IREN
The claim, verbatim
Management reports $4 billion of signed annual recurring revenue for 2026 capacity, of which $1 billion is already operating.
Source (primary)
IREN’s Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some - AOL.com (-, news_article)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “Management reports $4 billion of signed annual recurring revenue (ARR) for 2026 capacity, and $1 billion of that is already operating.”
How we checked this
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Additional evidence
confirms IREN’s Yearlong Downward Trend Continues: A Prominent Wall Street Firm Says It Will Double and Then Some - AOL.com
Quote: “Management reports $4 billion of signed annual recurring revenue (ARR) for 2026 capacity, and $1 billion of that is already operating.”