---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000805233.md"
description: "📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $IREN(IREN.US) IREN Raises 2026 AI Cloud ARR Target to Over $𝟒 𝐁𝐢𝐥𝐥𝐢𝐨𝐧👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤  𝐈𝐑𝐄𝐍 raises 2026 annualized run-rate revenue target above $𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.➤  Previous 2026 ARR target was $𝟑.𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.➤  New AI cloud contracts represent $𝟐.𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in total contract value.➤  Approximately 𝐈𝟖𝟓% of the updated ARR target is under contract.➤  Recent agreements include customer prepayments covering about 𝐈𝟒𝟓% of GPU capital expenditure.➤  Customer contracts have a weighted average term of approximately 𝐟𝐨𝐮𝐫 𝐲𝐞𝐚𝐫𝐬.➤  IREN held approximately $𝟕.𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in cash as of June 30, 2026.➤  AI Cloud capacity is planned to reach 𝐈𝟒𝟖𝟎 𝐌𝐖 during 2026.➤  IREN targets 𝐈.𝟐 𝐆𝐖 of AI Cloud capacity in 2027.➤  Customer roster includes 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭, 𝐍𝐯𝐢𝐝𝐢𝐚, 𝐏𝐞𝐫𝐩𝐥𝐞𝐱𝐢𝐭𝐲, and other leading AI developers."
datetime: "2026-07-20T11:05:50.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000805233.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000805233.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000805233.md)
author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)"
generator: "portal-rs"
---

# 📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $IREN(IREN.US) IREN Raises 2026 AI Clou…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**