Cointime update: Bitcoin miner-turned-AI cloud provider IREN (NASDAQ: IREN) reported fiscal Q1 2027 results for the quarter ended September 30, 2026, with total revenue up 66% quarter-over-quarter to $228 million. AI cloud revenue rose 182% QoQ to $200 million at an 86% gross margin, while Bitcoin mining revenue fell to $28 million from $67 million the prior quarter. Net loss narrowed to $263 million and adjusted EBITDA was $66 million.
IREN Q1 FY2027 AI Cloud Revenue Up 182% QoQ to $200M as Bitcoin Mining Falls to $28M
Related Coin Charts
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
4m ago
Arca CIO: Hyperliquid First to Combine L1, DEX Fees and Stablecoin Fees
7m ago
Machi Big Brother Liquidated Again After $223K NFT Sale Proceeds Wiped Out
8m ago
Pump.fun Co-Founder Mentions Prediction Markets for First Time, Hiring BD Roles
14m ago
Naval Ravikant: Ideal Passive Portfolio Is a Broad Set of Highly Asymmetric Long-Term Bets
27m ago
Bitcoin Core Dev Proposes ‘Quantum Mines’ to Thwart Future Quantum Theft
30m ago
Trump-Linked WLFI to Launch New Token Buyback Program