Operating ARR as of August 26
Company: IREN
The claim, verbatim
$1 billion in operating ARR was in service as of August 26, 2026
Source (primary)
IREN Has $4B of Contracted ARR, but Only $1B Is Operating. How Much Will Reach GAAP Revenue? - Yahoo Finance (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “only $1 billion was operating as of August 26”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article states that only $1 billion of IREN's contracted ARR was operating as of August 26, in a piece published August 28, 2026.
Confirmed in the source:
- IREN had $1 billion of operating ARR
- The $1 billion figure was as of August 26, 2026 (the article is dated August 28, 2026 and says 'as of August 26')
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/iren-4b-contracted-arr-only-034434431.html) in full (10,787 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN Has $4B of Contracted ARR, but Only $1B Is Operating. How Much Will Reach GAAP Revenue? - Yahoo Finance
Quote: “only $1 billion was operating as of August 26”
confirms Jim Cramer Prefers CoreWeave (CRWV) Over IREN (IREN) - Yahoo Finance
Quote: “The company reported $4 billion of contracted AI annualized run rate revenue for 2026 capacity, with $1 billion of operating ARR as of August 26.”