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IREN, which owns the land, power and data centres behind its AI cloud, reported AI Cloud revenue for the quarter ended 30 September 2026 of $200 million, up 182% from the prior quarter, while revenue backlog rose to $20.3 billion
Verified 2026-11-12
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Owning its own power and sites lets IREN sign long AI cloud contracts quickly, and a large backlog gives investors more visibility into future revenue.
The screener · 72 companiesEvery layer of the AI chain, priced dailyHow this was verifiedEvery figure links to the filing it came from
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