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AI Cloud Annual Recurring Revenue target

Company: IREN

Subject kind
guidance
Statement date
2026-08-28
Promised by
2026-12-31
Promised amount
4000000000.0 USD
Current status
stated

The claim, verbatim

AI Cloud Annual Recurring Revenue expected to exceed $4 billion by the end of December 2026.

Source (primary)

IREN stock slumps after Q4 miss as AI cloud revenue surges - The Economic Times (-, news_article)
View cached copy (2026-09-03)Live source ↗

Quote: “The company expects AI Cloud ARR to exceed $4 billion by the end of December 2026.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms IREN stock slumps after Q4 miss as AI cloud revenue surges - The Economic Times

Quote: “The company expects AI Cloud ARR to exceed $4 billion by the end of December 2026.”

View cached copy (2026-09-03)Live source ↗