Historical operating KPI

IREN AI Cloud Services Revenue History

Name: IREN AI Cloud Services Revenue quarterly history
Creator: VizualStocks

Latest reported: $70.52M
Period: Q2 2026
QoQ: +109.6%
YoY: +912.7%

Metric ID: aiCloudServicesRevenue
Frequency: quarterly
Status: active

About this KPI

Why it matters

AI Cloud Services revenue measures the commercial contribution from IREN’s GPU computing platform separately from its bitcoin mining operations.

Why investors follow it

The history shows whether new GPU capacity and customer contracts are translating into recognized revenue as the company changes its business mix.

What it does not tell you

Recognized revenue is different from annualized run-rate targets and contract value; it does not reveal utilization, concentration, margins, financing or future capacity timing.

Maintained history, without the manual work

Pull this maintained history through the VizualStocks API instead of rebuilding it from filings every quarter.

Use this in your productUse in your productView API documentationView API docs

GET/v1/companies/IREN/metrics/aiCloudServicesRevenue?order=asc

Understanding AI Cloud Services Revenue

What business generates IREN’s AI Cloud Services revenue?

IREN provides GPU compute through bare-metal and managed cloud services for AI training and inference. This revenue line tracks that business separately from Bitcoin mining, making the transition in IREN’s operating mix visible over time.

Issuer definition

How does cloud revenue relate to announced contracts?

Contracts can cover several years and capacity delivered in phases. Quarterly cloud revenue shows the amount recognized as services are provided. Compare it with deployment milestones to track how signed customer demand is turning into an operating business.