IREN revenue and financials
$40.48Change from previous close: −3.07%Absolute change: −$1.28
In the fiscal year ended June 2026, IREN reported revenue of $707.01M (+41.11% year over year). The net loss was $702.62M.
Fiscal year ending in June. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +41.11%
- FY to Jun 2026 vs FY to Jun 2025
- Net margin
- -99.4%
- FY to Jun 2025: 17.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Jun 2026 | FY to Jun 2025 | FY to Jun 2024 | FY to Jun 2023 | FY to Jun 2022 | FY to Jun 2021 | FY to Jun 2020 |
|---|---|---|---|---|---|---|---|
| Total revenue | 707 | 501 | 187 | 75.5 | 59.0 | 7.9 | 2.2 |
| Cost of revenue | 220 | 159 | 87.1 | 39.4 | — | — | — |
| Gross profit | 441 | 318 | 83.5 | 21.1 | — | — | — |
| Selling, general and administrative | 320 | 127 | 50.0 | 33.2 | — | — | — |
| Operating income | -1,047 | 17.3 | -27.2 | -157 | 0.3 | -0.5 | -1.7 |
| EBIT | -649 | 105 | -25.4 | -153 | — | — | — |
| EBITDA | -232 | 286 | 25.1 | -123 | — | — | — |
| Interest expense | 59.3 | 11.0 | 0.1 | 16.2 | 425 | 61.2 | 0.1 |
| Pre-tax income | -709 | 93.5 | -25.5 | -169 | — | — | — |
| Income tax | -6.1 | 6.6 | 3.5 | 2.4 | 2.7 | 1.2 | 0.0 |
| Net income | -703 | 86.9 | -28.9 | -172 | -420 | -60.4 | -2.1 |
| Net income to common shareholders | -703 | 86.9 | -28.9 | -172 | — | — | — |
| Basic EPS | -2.22 | 0.41 | -0.29 | -3.14 | -10.25 | -2.93 | -0.13 |
| Diluted EPS | -2.22 | 0.39 | -0.29 | -3.14 | -10.25 | -2.93 | -0.13 |
| Average shares (basic) | 316 | 258 | 99.6 | 54.8 | — | — | — |
| Average shares (diluted) | 316 | 223 | 99.6 | 54.8 | — | — | — |