AI Cloud Annual Recurring Revenue target
Company: IREN
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
Checked on September 18, 2026. The cited source supports every part of this claim.
The article reports that the company expects AI Cloud ARR to exceed $4 billion by the end of December 2026.
Confirmed in the source:
- IREN expects AI Cloud annual recurring revenue (ARR) to exceed $4 billion by the end of December 2026
What we did: Read our cached copy of the publisher (https://m.economictimes.com/markets/us-stocks/news/iren-stock-slumps-after-q4-miss-as-ai-cloud-revenue-surges/iren-stock-drops-after-q4-miss/slideshow/133583923.cms) in full (13,466 characters, retrieved September 3, 2026) and checked each assertion in the claim against it.
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.”