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Iren (IREN) AI Cloud Services revenue by quarter

Iren's AI Cloud Services revenue was $135M in Q1 FY27 (first quarter fiscal 2027), +301% from Q3 FY26. Over the last 4 quarters it ranged from $7.3M (Q1 FY26) to $135M (Q1 FY27).

Iren AI Cloud Services revenue by quarterIren AI Cloud Services revenue by quarter$7.3MQ1 FY26$17.3MQ2 FY26$33.6MQ3 FY26$135MQ1 FY27
QuarterAI Cloud Services revenueQ/QY/Y
Q1 FY27$135M+301%18×
Q3 FY26$33.6M+94%—
Q2 FY26$17.3M+135%—
Q1 FY26$7.3M——

Q1 FY27 at a glance

Iren, Q1 FY27: revenue $228M (-5% year over year), operating margin -81.6%, net loss $263M, operating cash flow $529M. The chart follows the revenue to costs, profit and cash.

Questions

What is Iren's AI Cloud Services revenue?

Iren's AI Cloud Services revenue was $135M in Q1 FY27 (first quarter fiscal 2027), +301% from Q3 FY26.

How has Iren's AI Cloud Services revenue changed?

Over the last 4 quarters it ranged from $7.3M (Q1 FY26) to $135M (Q1 FY27).

Q1 FY27 results → · How Iren makes money →