Iris Energy (IREN) financials
Iris Energy revenue and earnings by year
Iris Energy's revenue was $707 million in the fiscal year to June 30, 2026, up 41.1% from the year before. Net income was -$703 million, -99.4% of revenue. Since the fiscal year to June 30, 2020, revenue has grown 162.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.71 | 0.50 | 0.19 | 0.08 | 0.06 | 0.01 | 0.00 |
| Revenue growth | 41.1% | 167.7% | 147.9% | 27.9% | 595.7% | 287.6% | — |
| Gross profit | 0.07 | 0.16 | 0.05 | 0.01 | 0.04 | 0.00 | 0.00 |
| Gross margin | 9.8% | 32.1% | 26.5% | 7.2% | 68.3% | 54.0% | 5.8% |
| Operating income | -1.05 | 0.02 | -0.03 | -0.16 | 0.00 | -0.00 | -0.00 |
| Operating margin | -148.0% | 3.5% | -14.5% | -208.2% | 0.5% | -6.2% | -76.5% |
| Net income | -0.70 | 0.09 | -0.03 | -0.17 | -0.42 | -0.06 | -0.00 |
| Net margin | -99.4% | 17.4% | -15.4% | -227.6% | -710.9% | -711.5% | -97.8% |
| Diluted EPS | -$2.22 | $0.39 | -$0.34 | — | — | — | — |
| Free cash flow | -2.22 | -1.12 | -0.43 | -0.09 | -0.35 | -0.08 | -0.01 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open IREN in Markets.
See also: IREN returns
No forecast, no recommendation. This page describes Iris Energy from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.