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First-quarter cash SG&A increase

Company: IREN

Subject kind
guidance
Statement date
2026-08-28
Promised by
2026-09-30
Promised amount
40000000.0 USD
Current status
stated

The claim, verbatim

First-quarter cash selling, general, and administrative expenses expected to increase by $40 million to $50 million sequentially.

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: “first-quarter cash SG&A is expected to rise by $40 million-$50 million sequentially”

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: “first-quarter cash SG&A is expected to rise by $40 million-$50 million sequentially”

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