Fiscal 2027 capital expenditure
Company: IREN
The claim, verbatim
Fiscal year 2027 capital expenditure expected to be approximately $25 billion to $30 billion.
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: “IREN expects FY2027 capital expenditure of around $25 billion-$30 billion”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states IREN expects FY2027 capital expenditure of around $25 billion-$30 billion.
Confirmed in the source:
- IREN expects fiscal year 2027 capital expenditure of around $25 billion to $30 billion
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: “IREN expects FY2027 capital expenditure of around $25 billion-$30 billion”