{"schema_version":"secwatch.filing_event.v1","accession":"0001878848-25-000079","form_type":"8-K","ticker":"IREN","cik":"0001878848","company_name":"IREN Ltd","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.954718+00:00","generated_at":"2026-05-17T00:01:43.576423+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"IREN Q1 revenue $240.3M (+355% YoY); secures $9.7B Microsoft AI cloud contract targeting $3.4B ARR by 2026","bullets":["Revenue $240.3M (+355% YoY); net income $384.6M (vs. loss $(51.7)M prior year).","Adj. EBITDA $91.7M (+3,568% YoY); EBITDA $662.7M includes unrealized gains.","Secured $9.7B contract with Microsoft: 5-year term, 20% prepayment, $1.9B expected ARR contribution.","Targeting $3.4B AI Cloud ARR by end of 2026 with expansion to 140k GPUs.","Cash $1.8B as of Oct 31, 2025; $1.0B zero-coupon convertible notes issued Oct 14."],"urls":{"canonical":"https://secwatch.observer/filing/0001878848-25-000079","json":"https://secwatch.observer/filing/0001878848-25-000079.json","markdown":"https://secwatch.observer/filing/0001878848-25-000079.md","text":"https://secwatch.observer/filing/0001878848-25-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1878848/000187884825000079/0001878848-25-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1878848/000187884825000079/iren-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:01:43.576423+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}