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IREN Ltd (IREN) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · CAPITAL MARKETS · DATA UPDATED 2026-09-19

IREN Ltd (IREN) operates in the CAPITAL MARKETS industry and is headquartered in Sydney, Australia with about 685 employees. Its market capitalization is roughly $18 billion. In the fiscal year ended 2026-06-30, IREN reported $707M in revenue and ($703M) in net income.

IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.

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IREN Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302026-06-302025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-30
Total Revenue$707M$707M$501M$187M$76M$59M$6M$2M$0M
Gross Profit$440M$441M$342M$82M$21M$52M$4M$1M
Gross Margin %62.2%62.4%68.3%43.9%28.0%87.4%71.9%57.7%
Operating Income (EBIT)($379M)($379M)$22M($27M)($49M)$0M$0M($1M)$0M
Operating Margin %-53.6%-53.6%4.4%-14.6%-64.3%0.8%-4.0%-77.8%-10700.8%
Net Income($702M)($703M)$87M($29M)($172M)($420M)($45M)($1M)$0M
Net Margin %-99.3%-99.4%17.3%-15.4%-227.6%-711.0%-764.6%-98.5%-15301.0%
EBITDA$286M$25M($123M)$16M($33M)($1M)$0M
Earnings Per Share (EPS)$0.39$-0.29$-3.14$-10.25$-0.80$-0.03$-0.01
Shares Outstanding (M)223M100M55M41M57M55M16M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IREN Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$137M$145M$185M$240M$187M$145M$116M$53M$57M
Gross Profit$85M$94M$110M$151M$50M$98M$79M$16M$47M
Gross Margin %62.0%64.6%59.8%62.9%27.0%67.6%68.0%30.0%83.5%
Operating Income (EBIT)($141M)($93M)($85M)($60M)$17M$28M$18M($47M)($23M)
Operating Margin %-102.9%-64.5%-45.8%-25.0%9.0%19.1%15.5%-89.2%-40.0%
Net Income($684M)($248M)($155M)$385M$96M($16M)($22M)($52M)($27M)
Net Margin %-499.3%-171.2%-84.1%160.1%51.0%-11.2%-18.9%-98.0%-47.6%
EBITDA($118M)($228M)$670M$153M$40M$19M($16M)$0M
Earnings Per Share (EPS)$-1.10$-0.69$1.70$0.42$-0.07$-0.10$-0.27$-0.18
Shares Outstanding (M)226M226M226M226M229M221M189M154M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IREN Free Cash Flow History

Cash flowTTM → 2026-06-302026-06-302025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-30
Cash from Operations (CFO)$2.1B$2.1B$246M$52M$6M$22M$1M($1M)$0M
Capital Expenditures (CapEx)$4.5B$1.4B$480M$116M$294M$5M$4M$2M
Free Cash Flow (FCF)($2.4B)($1.1B)($428M)($110M)($273M)($4M)($5M)($3M)
FCF Margin %
Dividends Paid$3M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IREN Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$1.8B$61M$72M$142M$259M$93M($60M)($4M)$134M
Capital Expenditures (CapEx)$980M$837M$281M$243M$444M$188M$383M$297M
Free Cash Flow (FCF)($920M)($765M)($138M)$16M($351M)($247M)($387M)($163M)
FCF Margin %

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

IREN Balance Sheet History

Balance sheet2026-06-302026-03-312025-06-302024-06-302023-06-302022-06-302021-06-302020-06-302019-06-30
Total Assets$15.8B$7.3B$2.9B$1.2B$332M$392M$101M$12M$2M
Cash & Cash Equivalents$5.9B$2.2B$565M$405M$69M$76M$29M$2M$0M
Total Liabilities$11.6B$4.6B$1.1B$55M$27M$133M$138M$2M$0M
Total Debt (Short + Long-Term)$7.8B$3.8B$963M$0M$0M$107M$69M$1M$0M
Total Shareholders' Equity$4.2B$2.7B$1.8B$1.1B$305M$437M($37M)$6M$2M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive IREN viewer.

IREN Metric Deep Dives

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