jain.com

Operating ARR reached $1 billion

Company: IREN

Subject kind
guidance
Statement date
2026-11-05
Current status
stated

The claim, verbatim

Co-CEO Daniel Roberts said operating annualized recurring revenue doubled to $1 billion during the quarter.

Source (primary)

IREN Q1 Revenue Tops Estimates as AI Cloud Sales Nearly Triple; Shares Rise 9% - BigGo Finance (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “operating ARR doubled to a billion”

How we checked this

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Additional evidence

confirms IREN Q1 Revenue Tops Estimates as AI Cloud Sales Nearly Triple; Shares Rise 9% - BigGo Finance

Quote: “operating ARR doubled to a billion”

View cached copy (2026-11-06)Live source ↗Archive.org ↗