Revenue recognition timing
Company: IREN
The claim, verbatim
Larger effect on reported revenues from December quarter capacity expected mainly in March 2027 quarter
Source (primary)
IREN's $4B Contracted ARR: How Quickly Can It Convert Into Revenues? - Yahoo Finance (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “CFO Anthony Lewis said much of the December capacity is expected to come online late in the quarter, meaning the larger effect on reported revenues should appear mainly in the March 2027 quarter”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The article attributes this to CFO Anthony Lewis. He said December capacity comes online late in the quarter, so most of the revenue impact shows up in the March 2027 quarter.
Confirmed in the source:
- Much of IREN's December-quarter capacity is expected to come online late in that quarter
- The larger effect of that capacity on reported revenues is expected mainly in the March 2027 quarter
- This timing was stated by CFO Anthony Lewis
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/irens-4b-contracted-arr-quickly-172200534.html) in full (10,133 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN's $4B Contracted ARR: How Quickly Can It Convert Into Revenues? - Yahoo Finance
Quote: “CFO Anthony Lewis said much of the December capacity is expected to come online late in the quarter, meaning the larger effect on reported revenues should appear mainly in the March 2027 quarter”