IREN Limited income statement IREN

In Q4 of fiscal 2026, the quarter ended Jun 30, 2026, IREN Limited reported revenue of $137.2 million. It recorded a net loss of $684.0 million. The operating loss came to $620.4 million, an operating margin of -452.1%. Diluted earnings per share were -$1.88.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
Q4 FY2026
Jun 30, 2026
Q3 FY2026
Mar 31, 2026
Q2 FY2026
Dec 31, 2025
Q1 FY2026
Sep 30, 2025
Revenue
137
145
185
240
Cost of revenue
33
40
66
81
Gross profit
104
105
119
160
Selling, general and administrative
128
82
101
138
Operating income
-620
-234
-116
-76
Other non-operating income (expense)
-0
0
0
0
Other income (expense)
-72
-21
-222
652
Pretax income
-692
-254
-338
575
Income tax
-8
-6
-183
191
Net income
-684
-248
-155
385
Basic EPS
-1.88
-0.74
-0.52
1.42
Diluted EPS
-1.88
-0.74
-0.52
1.08
Weighted average shares, basic
363
334
298
271
Weighted average shares, diluted
363
334
298
362
Other measures
Depreciation and amortization
112
121
99
85
EBITDA
-508
-112
-17
9
Interest coverage
-25.36x
-15.74x
-10.91x
-8.23x
Margins
Gross margin
75.71%
72.42%
64.39%
66.43%
Operating margin
-452.09%
-161.28%
-63.03%
-31.80%
Pretax margin
-504.26%
-175.48%
-182.97%
239.41%
Profit margin
-498.45%
-171.16%
-84.14%
160.06%
EBITDA margin
-370.41%
-77.54%
-9.33%
3.67%
Effective tax rate
—
—
—
33.15%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

Company profile

Industry
Finance Services (SIC 6199)
Listed as
IREN (Nasdaq)
Fiscal year ends
June 30
Incorporated in
Australia
Headquarters
Sydney
SEC filer status
Large accelerated filer
SEC CIK
1878848
Former names
Iris Energy Ltd (until Nov 29, 2024); Iris Energy Pty Ltd (until Oct 6, 2021)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.