IREN Limited (IREN) income statement
NASDAQ · Technology · Software - Services · 685 employees · CEO William Roberts
- Price
- $23.95 -8.76%
- Market cap
- $9.69B
- Enterprise value
- $11.6B
- Last report
- Q4 '26 filed 2026-08-27
- Next report
- 2026-11-05 EPS est. -$0.73
IREN Limited (IREN) reported revenue of $137M for Q4 '26 (-26.7% year on year), operating income of -$620M (-452.2% of revenue) and net income of -$684M. Over the last four quarters revenue was $707M.
Income statement
| Income statement | Trend | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.4M | $42M | $54M | $56.8M | $52.8M | $116M | $145M | $187M | $240M | $185M | $145M | $137M | |
| Cost of revenue | $4.18M | $4.33M | $4.33M | $9.36M | $36.9M | $37.2M | $46.9M | $137M | $80.7M | $65.8M | $39.9M | $33.3M | |
| Gross profit | $30.2M | $37.7M | $49.6M | $47.4M | $15.8M | $78.9M | $97.9M | $50.5M | $160M | $119M | $105M | $104M | |
| Sales & marketing | $293K | $401K | $0 | $2.05M | $578K | $857K | $619K | $2.88M | $3.08M | $2M | $8.84M | $0 | |
| General & administrative | $9.07M | $11.5M | $7.84M | $17M | $18.2M | $21.6M | $21.2M | $90.4M | $99.4M | $88.1M | $63M | $0 | |
| Other operating expenses | $28.3M | $28M | $35.8M | $51.1M | $44.1M | $38.5M | $48.4M | -$59.6M | $134M | $145M | $267M | $596M | |
| Operating expenses | $37.6M | $39.9M | $43.6M | $70.2M | $62.9M | $61M | $70.2M | $33.7M | $236M | $235M | $338M | $724M | |
| Operating income | -$7.42M | -$2.22M | $6.02M | -$22.7M | -$47.1M | $18M | $27.7M | $16.8M | -$76.4M | -$116M | -$234M | -$620M | |
| Interest income | $713K | $665K | $1.5M | $2.95M | $2.29M | $1.59M | $1.93M | $1.7M | $7.13M | $15.8M | $21.8M | $35.9M | |
| Interest expense | $33K | $30K | $126K | $63K | $22K | $1.72M | $4.12M | $0 | $9.28M | $10.7M | $14.8M | $24.5M | |
| Other non-operating income (gains on investments, FX ...) | -$2.97M | $4.04M | -$6.21M | $4.06M | $3.31M | $35.2M | $34.7M | -$72.8M | -$16.3M | -$31.7M | -$140M | -$475M | |
| Total non-operating income | $2.94M | -$4.07M | $6.09M | -$4.12M | -$3.34M | -$36.9M | -$38.8M | $76M | $652M | -$222M | -$20.6M | -$71.6M | |
| Income before tax | -$4.48M | -$6.29M | $12.1M | -$26.8M | -$50.4M | -$18.9M | -$11.1M | $92.8M | $575M | -$338M | -$254M | -$692M | |
| Income tax | $821K | -$1.07M | $3.47M | $225K | $1.28M | $3.01M | $5.04M | -$2.76M | $191M | -$183M | -$6.26M | -$8M | |
| Net income | -$5.3M | -$5.23M | $8.64M | -$27.1M | -$51.7M | -$21.9M | -$16.1M | $95.5M | $385M | -$155M | -$248M | -$684M | |
| EPS (basic) | -$0.08 | -$0.05 | $0.08 | -$0.15 | -$0.27 | -$0.10 | -$0.07 | $0.69 | $1.42 | -$0.52 | -$0.74 | -$1.98 | |
| EPS (diluted) | -$0.08 | -$0.05 | $0.08 | -$0.15 | -$0.27 | -$0.10 | -$0.07 | $0.69 | $1.08 | -$0.52 | -$0.74 | -$1.98 | |
| Shares (basic, weighted) | 65.3M | 72.7M | 104M | 186M | 189M | 210M | 219M | 257M | 271M | 298M | 334M | 362M | |
| Shares (diluted, weighted) | 65.3M | 72.7M | 112M | 186M | 189M | 210M | 219M | 257M | 362M | 298M | 334M | 362M | |
| Depreciation & amortization | $7.62M | $7.56M | $8.69M | $26.8M | $33.9M | $36.1M | $47.3M | $63.8M | $85.2M | $99.2M | $121M | $112M | |
| EBITDA | $3.17M | $1.3M | $20.9M | $2K | -$16.5M | $18.9M | $40.3M | $153M | $25.1M | $14.5M | $27.9M | -$32.8M |
| Income statement | Trend | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.05K | $1.51M | $5.93M | $59M | $75.5M | $187M | $501M | $707M | |
| Cost of revenue | $1.05K | $637K | $1.67M | $7.45M | $54.4M | $105M | $159M | $220M | |
| Gross profit | $0 | $869K | $4.26M | $51.6M | $21.1M | $82.1M | $342M | $487M | |
| Sales & marketing | $0 | $4.85K | $21.8K | $305K | $716K | $2.05M | $2.88M | $0 | |
| General & administrative | $113K | $528K | $1.48M | $25.8M | $32.5M | $48M | $124M | $0 | |
| Other operating expenses | $0 | $1.51M | $3M | $25.1M | $36.5M | $59.4M | $193M | $1.08B | |
| Operating expenses | $113K | $2.04M | $4.5M | $51.1M | $69.7M | $109M | $320M | $1.53B | |
| Operating income | -$113K | -$1.17M | -$236K | $462K | -$48.6M | -$27.3M | $22.1M | -$1.05B | |
| Interest income | $1.5K | $2.08K | $4.5K | $79K | $924K | $5.83M | $7.5M | $80.6M | |
| Interest expense | $0 | $70.7K | $10.9M | $425M | $16.2M | $98K | $11M | $59.3M | |
| Other non-operating income (gains on investments, FX ...) | $52.7K | $241K | $33.3M | -$7.93M | $105M | -$1.91M | -$82.4M | -$664M | |
| Total non-operating income | -$48.4K | -$312K | -$44.2M | -$418M | -$121M | $1.81M | $71.4M | $338M | |
| Income before tax | -$161K | -$1.48M | -$44.4M | -$417M | -$169M | -$25.5M | $93.5M | -$709M | |
| Income tax | $0 | $0 | $930K | $2.72M | $2.39M | $3.45M | $6.56M | -$6.1M | |
| Net income | -$161K | -$1.48M | -$45.3M | -$420M | -$172M | -$28.9M | $86.9M | -$703M | |
| EPS (basic) | -$0.01 | -$0.04 | -$2.18 | -$7.44 | -$3.14 | -$0.29 | $0.41 | -$2.22 | |
| EPS (diluted) | -$0.01 | -$0.04 | -$2.18 | -$7.44 | -$3.14 | -$0.29 | $0.39 | -$2.22 | |
| Shares (basic, weighted) | 16.3M | 55M | 20.6M | 40.9M | 54.8M | 99.6M | 215M | 316M | |
| Shares (diluted, weighted) | 16.3M | 55M | 20.6M | 40.9M | 54.8M | 99.6M | 223M | 316M | |
| Depreciation & amortization | $165K | $757K | $934K | $7.74M | $30.7M | $50.5M | $181M | $418M | |
| EBITDA | $0 | -$657K | -$32.6M | $16.1M | -$123M | $25.1M | $286M | $34.7M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-Q 2025-09-30, 10-K 2025-06-30
Data as of 2026-11-02