AI Cloud annualized hardware profit ~$14-17m
Company: IREN
The claim, verbatim
IREN estimates its 816 H100 GPUs generate ~$14-17m of annualized hardware profit with a ~24-month payback.
Source (primary)
iren 8-K exhibit (ef20025647_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “816 NVIDIA H100 GPUs generates an estimated ~$14-17m of annualized hardware profit (~24 month payback)”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release gives an estimated ~$14-17m annualized hardware profit for 816 H100 GPUs with a ~24-month payback, based on stated assumptions.
Confirmed in the source:
- IREN estimates its 816 H100 GPUs generate ~$14-17m of annualized hardware profit
- IREN estimates a ~24-month payback
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036124016752/ef20025647_ex99-1.htm) in full (14,965 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ef20025647_ex99-1.htm)
Quote: “816 NVIDIA H100 GPUs generates an estimated ~$14-17m of annualized hardware profit (~24 month payback)”