jain.com

$40-50M SG&A increase fiscal Q1

Company: IREN

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

The claim, verbatim

Sequential increase of $40-$50 million in fiscal first-quarter cash SG&A

Source (primary)

IREN Q4 Earnings Call Focuses on AI Cloud Scale & Funding - Yahoo Finance (-, news_article)
View cached copy (2026-09-04)Live source ↗Archive.org ↗

Quote: “a sequential increase of $40-$50 million in fiscal first-quarter cash SG&A”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states Lewis cited a sequential $40-$50 million rise in fiscal Q1 cash SG&A.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/iren-q4-earnings-call-focuses-140000962.html) in full (12,967 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN Q4 Earnings Call Focuses on AI Cloud Scale & Funding - Yahoo Finance

Quote: “a sequential increase of $40-$50 million in fiscal first-quarter cash SG&A”

View cached copy (2026-09-04)Live source ↗Archive.org ↗