IREN Just Locked In $4 Billion in ARR — Wall Street Still Sees Only Losses

IREN Says 2026 Capacity Sold Out — Eyes on 2027, 2028 Deals - IREN (NASDAQ:IREN)

IREN says 2026 capacity is "largely sold out" and expects strong demand for data center capacity in 2027 and 2028.

IREN Just Locked In $4 Billion in ARR — Wall Street Still Sees Only Losses

$4 Billion ARR Target IREN (NASDAQ:IREN) said on its August 27, 2026 fiscal fourth-quarter call that it has locked in $4 billion of contracted annualized recurring revenue tied to its 2026 capacity, a forward-looking target management expects to be operational by the end of the December quarter. The figure represents guidance for run-rate revenue on […]

IREN: Patience Is Warranted (NASDAQ:IREN)

IREN Limited is undergoing a major transition from Bitcoin mining to AI Cloud compute, with most new capacity coming online by 2028.

IREN Shares Slide 12.5% with $4 Billion AI ARR Offset by 68% EBITDA Decline

NEW YORK, August 28, 2026, 23:10 (EDT). IREN (IREN) shares dropped 12.5% after reporting $4 billion in annual recurring revenue from AI, which was accompanied by a 68% decrease in EBITDA. IREN finished at $35.45, falling 12.5%, with 88.6 million shares traded. Revenue from AI Cloud Services surged twofold from the previous quarter, reaching $70.5…

IREN (NASDAQ:IREN) Stock Price Sinks As AI Pivot Losses Jolt Investors

IREN has been treated as a pure play on artificial intelligence infrastructure, a stock priced for long run growth rather than clean quarterly profits. That made today’s drop of about 12.5% after earnings land with extra force. The headline is simple. Revenue in the June quarter came in at US$137.2m while the company reported a net loss of US$684m as it pushed hard into the transition from crypto mining to full stack AI data centers. Love the AI…

IREN ARR hits $4bn with 2026 capacity sold out

IREN shares fell in US trade as investors weighed rising ARR against the capex required for future revenues to be achieved. The Nasdaq-listed group said revenue from its AI Cloud Services business grew roughly eightfold to $128.8m in the year to 30 June, and that it now has $4bn of contracted annualised run-rate revenue tied […] The post IREN ARR hits $4bn with 2026 capacity sold out appeared first on UK Investor Magazine.