IREN (IREN) Income Statement: Revenue & Earnings

IREN Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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IREN Limited income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019
Revenue & Gross Profit
Revenue	501.02	187.19	75.51	59.05	8.49	2.17	0.00
Cost of Revenue	158.99	87.07	39.42	12.80	2.65	0.92	0.00
Gross Profit	342.03	100.13	36.09	51.59	5.68	1.25	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	127.22	68.03	49.00	28.15	4.01	0.53	0.11
Operating Expenses	319.91	127.36	76.56	51.13	6.16	2.93	0.11
Operating Income	22.12	-27.23	-40.47	0.46	-0.48	-1.68	-0.11
Other Income/Expense
Interest Income	7.50	5.83	0.92	0.08	0.01	0.00	0.00
Interest Expense	11.05	0.10	-16.21	-34.70	-16.48	0.10	0.00
Other Income/Expense	74.92	1.77	0.02	-390.73	-44.52	-0.47	-0.05
Income
Income Before Tax	93.50	-25.47	-169.44	-417.05	-59.15	-2.14	-0.16
Income Tax Expense	6.56	3.45	2.39	2.72	1.24	0.00	0.00
Net Income	86.94	-28.92	-171.83	-419.77	-60.39	-2.14	-0.16
Net Income - Continuous Operations	86.94	-28.92	-171.83	-419.77	-60.39	-2.14	-0.16
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	285.68	31.21	-119.55	8.05	1.13	-0.97	0.00
EBIT	104.55	-25.37	-150.22	0.31	-0.12	0.00	0.00
Depreciation & Amortization	181.14	50.42	30.64	7.68	1.21	0.73	0.17
Earnings Per Share
Basic EPS	-	-	-3.00	-10.00	-3.00	-	-
Diluted EPS	-	-	-3.00	-10.00	-3.00	-	-
Basic Shares Outstanding	258.10	99.64	54.78	40.94	20.63	55.04	16.30
Diluted Shares Outstanding	258.10	99.64	54.78	40.94	20.63	55.04	16.30