IREN (IREN) Financial Statements & Analysis

IREN Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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IREN Limited income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Jun 2026	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019
Revenue & Gross Profit
Revenue	707.01	501.02	187.19	75.51	59.04	8.49	1.51	0.00
Cost of Revenue	266.37	158.99	105.07	54.39	7.45	2.65	0.64	0.00
Gross Profit	440.64	342.03	82.12	21.12	51.59	8.49	0.87	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	319.78	123.32	50.03	33.18	26.07	4.01	0.53	0.11
Operating Expenses	819.39	351.53	109.40	69.68	51.13	0.90	2.04	0.11
Operating Income	-378.75	17.33	-27.28	-48.56	0.46	-0.52	-1.17	-0.11
Other Income/Expense
Interest Income	80.63	7.50	5.83	0.92	0.08	0.01	0.00	0.00
Interest Expense	59.25	-11.05	0.10	16.21	425.44	-16.48	0.07	0.00
Other Income/Expense	-351.31	76.17	1.81	-105.60	-417.51	-58.63	-0.31	-0.05
Income
Income Before Tax	-708.68	93.50	-25.47	-169.44	-417.05	-59.15	-1.48	-0.16
Income Tax Expense	-6.06	6.56	3.45	2.39	2.72	1.24	0.00	0.00
Net Income	-702.62	86.94	-28.92	-171.83	-419.77	-60.39	-1.48	-0.16
Net Income - Continuous Operations	-702.62	86.94	-28.92	-171.83	-419.77	-45.34	-1.48	-0.16
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	-231.70	201.71	25.10	-122.56	16.14	0.73	-0.89	0.00
EBIT	-649.43	20.57	-27.28	-153.23	8.40	-0.52	-	-
Depreciation & Amortization	417.73	181.12	50.47	30.67	7.74	1.21	0.52	0.17
Earnings Per Share
Basic EPS	-2.00	-	-	-3.00	-7.00	-3.00	-	-
Diluted EPS	-2.00	-	-	-3.00	-7.00	-3.00	-	-
Basic Shares Outstanding	316.12	214.59	99.64	54.78	40.94	20.63	55.04	16.30
Diluted Shares Outstanding	316.12	223.25	99.64	54.78	40.94	20.63	55.04	16.30

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About IREN Financial Statements

What was IREN's revenue in fiscal 2026?

IREN reported revenue of $707.01M in fiscal 2026 (fiscal year ended Jun 30, 2026). That was up 41.1% from $501.02M a year earlier.

Is IREN profitable?

No. IREN reported a net loss of $702.62M in fiscal 2026. In fiscal 2025 it earned $86.94M.

What is IREN's operating margin?

IREN's operating income was −$378.75M on revenue of $707.01M in fiscal 2026, an operating margin of -53.6%, compared with 3.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition