All currency values in $ millions unless otherwise noted
| Income Statement | JUN 2026 ~1.4:1 split | JUN 2025 ~2.2:1 split | JUN 2024 ~1.8:1 split | JUN 2023 |
|---|---|---|---|---|
| Revenues | ||||
| Revenue | $707 | $501 | $187 | $76 |
| Cost of Revenue | $220 | $159 | $87 | $39 |
| Gross Profit | $487 | $342 | $100 | $36 |
| Operating Expenses | ||||
| Selling & Marketing | $20 | $3 | $2 | $1 |
| General & Administrative | $449 | $136 | $70 | $49 |
| Other Operating Expenses | $15 | $13 | $8 | $5 |
| Total Operating Expenses | $1,754 | $484 | $214 | $233 |
| Operating Income | -$1,047 | $17 | -$27 | -$157 |
| Non-Operating | ||||
| Net Interest Expense | $21 | -$4 | $6 | -$15 |
| Other Non-Operating Income (Expense) | $317 | $80 | -$4 | $3 |
| EBT (Earnings Before Tax) | -$709 | $94 | -$25 | -$169 |
| Income Tax Expense | -$6 | $7 | $3 | $2 |
| Net Income | ||||
| Net Income | -$703 | $87 | -$29 | -$172 |
| Per Share Data | ||||
| Revenue Per Share | $2.24 | $2.24 | $1.88 | $1.38 |
| EPS (Basic) | -$2.22 | $0.41 | -$0.29 | -$3.14 |
| EPS (Diluted) | -$2.22 | $0.39 | -$0.29 | -$3.14 |
| Weighted Avg Shares (Basic) | 316.1M | 214.6M | 99.6M | 54.8M |
| Weighted Avg Shares (Diluted) | 316.1M | 223.2M | 99.6M | 54.8M |
| Shares Outstanding | 316.1M | 223.2M | 99.6M | 54.8M |
| Dividends Per Share | $0.00 | $0.00 | $0.00 | $0.00 |
IREN (IREN) financials: revenue, profit and margins
IREN (IREN) generated about $707 million in revenue and -$703 million in net income (a -99.4% net margin) over the trailing twelve months, growing at roughly 110.8% a year. Figures are from SEC filings; this is analysis, not investment advice.
Frequently asked
What is IREN's (IREN) revenue?+
IREN generated about $707 million in revenue over the trailing twelve months. Revenue has grown at roughly 110.8% a year over the past five years. Revenue is the top line, before any costs; what matters for value is how much of it survives to free cash flow. The full income statement, balance sheet and cash-flow statement are on this tab.
Is IREN profitable?+
IREN reported about -$703 million in net loss over the trailing twelve months, a net margin of roughly -99.4%. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.
What are IREN's profit margins?+
IREN runs a gross margin of about 68.9%, an operating margin of about -148.0%, a net margin of about -99.4%. Margins show how much of each sales dollar a company keeps at each stage. Stable or rising margins usually signal pricing power and cost discipline; falling margins are worth investigating. See the multi-year trend on this tab.
How fast is IREN growing?+
IREN's revenue has compounded at roughly 110.8% a year over the past five years. Growth only creates value when it is profitable and cash-generative, so read this rate alongside IREN's margins and free cash flow. This is analysis from SEC filings, not investment advice.
SourceFinancial statements computed from the 10-Q filed 14 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 28 Aug 2026. How this is calculated.
Fiscal year ends Jun.
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Held by ETFs
IREN is in 76 US ETFs. The largest of them, with IREN's weight in each:
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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