$3.7bn ARR Target for End of 2026
Company: IREN
The claim, verbatim
Targeting $3.7bn annual recurring revenue by end of 2026, comprised of $1.9bn expected revenue under Microsoft contract and $1.8bn ARR from approximately 74,000 GPU deployments at British Columbia and Childress sites
Source (primary)
iren 8-K exhibit (irenreportsq3fy26results.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗
Quote: “targeting $3.7bn ARR by end of CY26”
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 8-K exhibit (irenreportsq3fy26results.htm)
Quote: “targeting $3.7bn ARR by end of CY26”