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IREN

IREN Limited

Stock

$41.76+1.11 (+2.73%)Close Oct 2, 2026

Income statement

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020
Revenue$707M$501M$187M$76M$59M$7.9M$2.2M
Cost of revenue$220M$159M$87M$39M———
Gross profit$487M$342M$100M$36M———
SG&A$449M$136M$70M$49M———
Other operating expenses$1.1B$188M$57M$144M———
Operating income−$1.0B$17M−$27M−$157M$307K−$524K−$1.7M
Non-operating income$338M$76M$1.8M−$12M−$417M−$59M−$466K
Pretax income−$709M$94M−$25M−$169M−$417M−$59M−$2.1M
Taxes−$6.1M$6.6M$3.5M$2.4M$2.7M$1.2M$0
Net income−$703M$87M−$29M−$172M−$420M−$60M−$2.1M
Diluted EPS−$2.22$0.39−$0.29−$3.14−$10.25−$2.93−$0.13
Diluted shares316.1M223.2M99.6M54.8M40.9M20.6M16.1M
Revenue growth+41.1%+167.7%+147.9%+27.9%+647.5%+263.3%—
Gross margin68.9%68.3%53.5%47.8%———
Operating margin−148.0%3.5%−14.5%−208.2%0.5%−6.6%−77.1%
Net margin−99.4%17.4%−15.4%−227.6%−711.0%−764.6%−98.5%

Revenue to net income