jain.com

FY 2026 AI cloud revenue (~$128.8M)

Company: IREN

Subject kind
product
Statement date
2026-09-01
Promised amount
128.8 million USD
Current status
stated

The claim, verbatim

IREN's full-year 2026 AI cloud revenue reached approximately $128.8 million, representing roughly eightfold growth year-over-year.

Source (primary)

IREN Sinks 4% as Rising Yields Reverse Monday's Rally, TeraWulf Falls 4%, Cipher Mining Drops 6% - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗

Quote: “full-year AI cloud revenue climbed roughly eightfold to $128.8 million”

How we checked this

Checked on September 15, 2026. The cited source supports every part of this claim.

The article says IREN's full-year AI cloud revenue climbed roughly eightfold to $128.8 million.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/01/iren-sinks-4-as-rising-yields-reverse-mondays-rally-terawulf-falls-4-cipher-mining-drops-6/) in full (11,116 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN Sinks 4% as Rising Yields Reverse Monday's Rally, TeraWulf Falls 4%, Cipher Mining Drops 6% - 24/7 Wall St.

Quote: “full-year AI cloud revenue climbed roughly eightfold to $128.8 million”

View cached copy (2026-09-02)Live source ↗Archive.org ↗