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IREN · IREN Ltd · Financials

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$26.69 -1.04 (-3.75%)
Market Cap
$10.93B
Shares
394.06M
Volume · Oct 20 70.26M Avg daily vol (3M) 45.5M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$707.01M +41.1%
FY2026 Revenue FY2020–FY2026
Net Income
-$702.62M -908.2%
FY2026 Net Income FY2020–FY2026
Gross Margin
68.92% +0.6pp
FY2026 Gross Margin FY2023–FY2026
Operating Margin
-148.05% -151.5pp
FY2026 Operating Margin FY2020–FY2026
Diluted EPS
-$2.22 -669.2%
FY2026 Diluted EPS FY2020–FY2026
Operating Cash Flow
$2.1B +754.2%
FY2026 Operating Cash Flow FY2020–FY2026

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020
$707.01M $501.02M $187.19M $75.51M $59.04M $7.9M $2.17M
$0 $0 $0 — — — —
$219.71M $158.99M $87.07M $39.42M — — —
$487.3M $342.03M $100.13M $36.09M — — —
68.92% 68.27% 53.49% 47.8% — — —
$449.12M $136.46M $70.42M $49M — — —
$500K $0 $0 — — — —
$417.73M $181.14M $50.47M $30.67M $7.74M $1.25M $757K
-$1.05B $17.33M -$27.23M -$157.24M $307K -$524K -$1.68M
-148.05% 3.46% -14.55% -208.24% 0.52% -6.63% -77.09%
-$628.99M $198.46M $23.24M -$126.57M $8.05M $728K -$919K
$59.25M $11.05M $98K $16.21M $425.44M $61.18M $102K
$80.63M $7.5M $5.83M $924K — — —
$338.03M $76.17M $1.77M -$12.2M — — —
$453.78M $41.19M $673K $0 — — —
-$708.68M $93.5M -$25.47M -$169.44M -$417.05M -$59.15M -$2.14M
-$6.06M $6.56M $3.45M $2.39M $2.72M $1.24M $0
-$702.62M $86.94M -$28.92M -$171.83M -$419.77M -$60.39M -$2.14M
-99.38% 17.35% -15.45% -227.56% -711.03% -764.62% -98.53%
-$713.97M $91.86M -$29.26M -$185.47M — — —
USD/shares -$2.22 $0.41 -$0.29 -$3.14 -$10.25 -$2.93 -$0.13
USD/shares -$2.22 $0.39 -$0.29 -$3.14 -$10.25 -$2.93 -$0.13
shares 316.12M 214.59M 99.64M 54.78M — — —
shares 316.12M 223.25M 99.64M 54.78M — — —
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current operating lease liabilities 2026-06-30 USD 555,000 10-K filed 2026-08-27
Finance lease liabilities 2026-06-30 USD 243,796,000 10-K filed 2026-08-27
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current finance lease liabilities
USD 125,340,000
Noncurrent finance lease liabilities
USD 118,456,000
Long-term debt, including current maturities 2026-06-30 USD 7,592,944,000 10-K filed 2026-08-27
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of long-term debt
USD 169,370,000
Noncurrent debt carrying amount
USD 7,423,574,000
Noncurrent operating lease liabilities 2026-06-30 USD 2,231,000 10-K filed 2026-08-27
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
17.86×
Peer median 3.22×
EV/EBIT
—
Peer median 18.54×
P/E (TTM)
—
Peer median 20.40×
EV/Adj. EBITDA (FY2026)
51.39×
Peer median 13.88×

Peer medians compare against the 32 similar-size Capital Markets companies (of 80 listed).

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2026 FY2025 FY2024
Bitcoin Mining $578,212,000 $484,629,000 $184,087,000
AI Cloud Services $128,795,000 $16,394,000 $3,105,000

By Geography (USD)

Component FY2026 FY2025 FY2024 FY2023
Australia $578,212,000 $484,629,000 $184,087,000 $75,509,000
Canada $128,795,000 $16,394,000 $3,105,000 $0
United States $0 $0 $0 $0

By Product & Service (USD)

Component FY2026 FY2025 FY2024 FY2023
Bitcoin Mining $578,212,000 $484,629,000 $184,087,000 $75,509,000
AI Cloud Services $128,795,000 $16,394,000 $3,105,000 $0
Key facts CIK 1878848 CUSIP Q4982L109 13F (30d) 88 filings 85 filers Visit website Investor relations