$4B contracted ARR by Dec 31, 2026
Company: IREN
The claim, verbatim
In its Q4 FY2026 results released August 27, IREN said it is targeting $4 billion of contracted annualized recurring revenue running by December 31, 2026.
Source (primary)
IREN Sinks 9% After Report Links It to Microsoft's AI Spending Delay; Nebius Tumbles 11%, CoreWeave Slides 7% - 24/7 Wall St. (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “IREN said it’s aiming $4 billion of contracted annualized recurring revenue to be running by December 31”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The article says that in its Q4 FY2026 results released August 27, IREN said it aims to have $4 billion of contracted annualized recurring revenue running by December 31, which in context is December 31, 2026.
Confirmed in the source:
- IREN released Q4 FY2026 results on August 27
- In those results IREN said it is targeting $4 billion of contracted annualized recurring revenue
- The target is for that revenue to be running by December 31, 2026
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/11/05/iren-sinks-9-after-report-links-it-to-microsofts-ai-spending-delay-nebius-tumbles-11-coreweave-slides-7/) in full (11,960 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Sinks 9% After Report Links It to Microsoft's AI Spending Delay; Nebius Tumbles 11%, CoreWeave Slides 7% - 24/7 Wall St.
Quote: “IREN said it’s aiming $4 billion of contracted annualized recurring revenue to be running by December 31”