IREN ▲ +2.6% - IREN Limited
$IREN Signs New Multi-Year AI Cloud Contract With Leading Frontier AI Lab; Says 2026 Capacity Largely Sold Out IREN Says $4B Of ARR Contracted For 2026 Capacity, $1B Of ARR Operating Today
IREN Limited rose 2.6% on news that it has signed a multi-year AI cloud contract with a leading frontier AI lab and substantially pre-sold its 2026 capacity. The company stated it has $4 billion in annualized recurring revenue contracted for 2026 capacity, with $1 billion in ARR currently operating, indicating strong demand for its AI infrastructure services and visibility into future revenue growth.
27-AUG-2026 04:13 PM ET
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