Iren annual reports

Iren

Iren fiscal 2026 annual report

Fiscal 2026 (ended Jun 30, 2026) · Filed Aug 27, 2026Original

An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.

How much did Iren sell in fiscal 2026?

As stated in annual reports · fiscal 2022–2026

Fiscal 2026 revenue

$707M+41.1% vs prior year

Net loss $702.6M

Iren revenue and net income by fiscal year
Iren revenue and net income by fiscal year
Fiscal yearRevenueNet income
2022$59MNot stated
2023$75.5M−$171.8M
2024$187.2M−$28.9M
2025$501M$86.9M
2026$707M−$702.6M
Fiscal 2026 (ended Jun 30, 2026) · Filed Aug 27, 2026Whalegun
Revenue
$707M
+41.1% vs prior year
Operating income
−$1B
148.0% of revenue
Net income
−$702.6M
99.4% of revenue
Diluted EPS
−$2.22
Operating cash flow
$2.1B
Free cash flow
−$897.6M

Key points the company states

IREN says it owns all three layers of its AI Cloud Services platform, from data centers to software

  • The company says it owns and operates all three layers: data centers, compute and software.
  • As of June 30, 2026, its operating AI Cloud Services capacity was approximately 40MW.
  • It had grid connection agreements or equivalents for approximately 5GW across the United States, Canada, Spain and Australia.

IREN's fiscal 2026 revenue rose to $707.0 million, with a net loss of $702.6 million

  • Total revenue rose to $707.0 million from $501.0 million.
  • AI Cloud Services revenue was $128.8 million, up from $16.4 million.
  • Bitcoin mining revenue was $578.2 million, up from $484.6 million.