$4bn operating ARR online target slips to January 2027
Company: IREN
The claim, verbatim
IREN previously targeted more than $4bn of operating ARR online by year-end 2026. It now targets January 2027, because of a customer-requested design change and supplier timing. If suppliers are late, it may run to the end of February.
Source (primary)
Microsoft design change delays Iren's data center delivery in Texas (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗
Quote: “In July, we said more than $4bn of operating ARR was targeted to be online by year-end. It's now January.”
How we checked this
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Additional evidence
confirms Microsoft design change delays Iren's data center delivery in Texas
Quote: “In July, we said more than $4bn of operating ARR was targeted to be online by year-end. It's now January.”