Recent 8-K filings for IREN
Highest-materiality recent filing
IREN signs $9.7B AI cloud contract with Microsoft; $5.8B GPU purchase from Dell
- Total contract value ~$9.7 billion with Microsoft over five-year average term; 20% prepayment per tranche.
- IREN to deploy NVIDIA GB300 GPUs across four Childress data centers (Horizon 1–4) totaling 200MW IT load, phased through 2026.
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IREN FY26 revenue $707M, net loss $702.6M; AI Cloud revenue up 8x to $128.8M
FY26 total revenue $707.0M vs $501.0M prior year; AI Cloud Services revenue $128.8M (up ~8x from $16.4M).
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IREN delivers Horizon 1 to Microsoft, achieves NVIDIA Exemplar Cloud status
Horizon 1 delivered to and accepted by Microsoft; first of four 50MW AI Cloud deployments at Childress, TX.
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IREN completes acquisition of Mirantis for ~12.6M shares plus ~$40M cash and equity
Consideration: ~12.6M ordinary shares (fixed at signing) plus ~$40M in cash, RSUs, and other consideration at closing.
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IREN signs $2.8bn in AI cloud contracts, raises 2026 ARR target to >$4bn
New multi-year cloud services contracts with leading AI developers total $2.8bn in contract value.
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IREN grants 9.1M RSUs each to co-CEOs with 6-year combined vesting/holding period
Each co-CEO (William Roberts and Daniel Roberts) receives 9,099,328 RSUs; total 18,198,656 RSUs.
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IREN subsidiary secures $3.6B financing for GPU infrastructure under Microsoft contract
$1.5B delayed draw term loan (SOFR + 2.25%) and $2.1B 5.96% senior notes due Dec 31, 2031.
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IREN signs $1.6B Dell deal for Blackwell GPUs; ARR target raised to $4.4B
Entered $1.6B purchase agreement with Dell for air-cooled Blackwell systems to service $3.4B AI cloud contract.
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IREN closes $3.0B 1% convertible notes due 2033; net proceeds $2.96B
$3.0B principal amount, 1.00% coupon, matures December 1, 2033.
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IREN prices upsized $2.6B 1.00% convertible notes due 2033, increased from $2.0B
$2.6B aggregate principal of 1.00% convertible senior notes due 2033; initial purchasers have option for additional $400M.
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IREN launches $2B convertible notes offering due 2033, plus $300M overallotment
$2B aggregate principal of 2033 convertible senior notes, with $300M overallotment option for initial purchasers.
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IREN holds Q3 FY26 earnings call; transcript lacks financial specifics in filing
8-K announces Q3 FY26 conference call held May 7, 2026; transcript furnished as Exhibit 99.1.
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IREN reports $144.8M revenue, net loss $247.8M; signs $3.4B NVIDIA AI cloud deal and 5GW partnership
$3.4B, 5-year AI Cloud contract with NVIDIA for air-cooled Blackwell GPUs; ramp from early 2027; 5GW strategic partnership includes warrant for up to 30M shares at $70.
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IREN expands GPU fleet to 150,000, targets $3.7bn AI cloud revenue run-rate by end-2026
Purchased over 50,000 NVIDIA B300 GPUs under Dell agreements for aggregate ~$3.5B, with deliveries in H2 2026.
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IREN upsizes ATM equity offering capacity to $6B from $1B; agents expanded
IREN filed new prospectus supplement to sell up to $6.0B in ordinary shares, replacing prior $1.0B capacity.
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Revenue $184.7M (down from $240.3M Q1); net loss $(155.4)M vs net income $384.6M in Q1.
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IREN closes $2.3B convertible notes offering, repurchases $544.3M existing notes
Issued $1.15B 0.25% notes (2032) and $1.15B 1.00% notes (2033); greenshoe fully exercised.
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IREN prices $2B convertible notes, launches $1.6B equity offering to refinance existing notes
$1B 0.25% notes due 2032 and $1B 1.00% notes due 2033 priced; initial conversion price ~$51.40 (25% premium).
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IREN announces $2B convertible notes offering and equity offering to repurchase existing notes
IREN plans $1B convertible notes due 2032 and $1B due 2033, with options for additional $150M each.
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IREN appoints KPMG as new auditor, dismisses prior auditor RCGT
KPMG appointed as independent registered public accounting firm effective November 27, 2025.
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IREN shareholders approve constitutional amendments, omnibus plan, and share repurchases at 2025 AGM
Shareholders approved five constitutional amendments including quorum alignment with Nasdaq and universal proxy advance notice.
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Revenue $240.3M (+355% YoY); net income $384.6M (vs. loss $(51.7)M prior year).
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IREN signs $9.7B AI cloud contract with Microsoft; $5.8B GPU purchase from Dell
Total contract value ~$9.7 billion with Microsoft over five-year average term; 20% prepayment per tranche.
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IREN closes $1.0B 0.00% convertible note offering due 2031; oversubscribed
Offering upsized to $1.0B from $875M with full exercise of $125M greenshoe.
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IREN prices $875M zero-coupon convertible notes due 2031 with 42.5% conversion premium
$875M principal, 0.00% coupon, due July 1, 2031; initial conversion price ~$85.63/share ($60.09 reference).
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IREN launches $875M convertible notes offering due 2031; provides ATM and cash update
Proposes $875M principal of convertible senior notes due 2031; initial purchasers may buy up to $125M additional.
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IREN appoints Anthony Lewis as CFO; Belinda Nucifora departs effective September 8, 2025
Anthony Lewis, previously Chief Capital Officer since July 2025, becomes CFO.
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IREN reports Q4 and FY2025 results; press release details unavailable in filing
IREN Limited reported financial results for Q4 and fiscal year ended June 30, 2025.
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Record monthly revenue of $68M and hardware profit of $51M in June 2025.
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IREN loses foreign private issuer status, must file as U.S. domestic issuer effective July 1, 2025
Effective July 1, 2025, IREN required to file periodic reports on U.S. domestic issuer forms.
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IREN buys 2.4k NVIDIA Blackwell GPUs for ~$130M; AI Cloud fleet grows to 4.3k
Purchase of 2,400 NVIDIA Blackwell B200 (1,300) and B300 (1,100) GPUs for ~$130M, including fit-out costs.
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IREN appoints Anthony Lewis as Chief Capital Officer to lead capital markets strategy
Anthony Lewis appointed Chief Capital Officer, a newly created role overseeing capital markets activity.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.95 · Median 0.75 · Most common event other_material