IREN AI Cloud revenue rises 687% to $128.8 million in fiscal 2026
IREN reported AI Cloud revenue of $128.8 million for fiscal 2026, up from $16.4 million a year earlier—an increase of roughly 687%, per TradingView News.
IREN Ltd. (IREN, Financials) is starting to appear less like a Bitcoin miner and more like an AI infrastructure firm.
In fiscal 2026 it became a lot clearer.
IREN's AI cloud revenue rose to $128.8 million from $16.4 million a year earlier, an increase of roughly 687%.Revenue from AI Cloud for the f…