Financials
IREN Ltd. (IREN) Financial Statements: Income, Balance Sheet & Cash Flow
Revenue, profitability, balance-sheet strength, and cash generation for IREN. SEC filings, statements through Jun 30, 2026.
Section freshness
Prices as of Sep 18, 4:00 PM EDT · Fundamentals checked Sep 20, 7:28 AM EDT · Statements Jun 30, 2026
Financial read
IREN latest financial snapshot.
Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.
Revenue
$137.22M
-26.7% YoY
Net income
-$684.00M
-176.0% QoQ
Free cash flow
$482.24M
+155.2% QoQ
Net margin
-498.45%
Operating margin -452.09%
Balance sheet coverage
IREN balance sheet summary
Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.
11 quarterly · 0 annual rows · Market data source · as of 2026-06-30
Latest period
Q4 FY2026
11 quarterly · 0 annual rows
Assets / liabilities
$15.79B
Liabilities $11.60B
Cash / debt
$5.90B
Net cash -$1.70B
Equity / working capital
$4.19B
Working capital $5.67B
Financial statements
IREN statement coverage.
Income statement, balance sheet, and cash-flow figures for IREN, with quarterly and annual history in the tables below.
Data last updated
Jun 29, 2026
Income periods
10
Balance-sheet periods
11
Cash-flow periods
10
Quarterly and annual IREN statements, sourced from SEC filings, statements through Jun 30, 2026.
Financial statement period
IREN statement history
SEC filings, statements through Jun 30, 2026 · Data last updated: Jun 29, 2026
Income statement
Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.
| Period | Revenue | Operating income | Net income | Net margin | Revenue QoQ | Net income QoQ |
|---|---|---|---|---|---|---|
| Q4 FY2026 | $137.22M | -$620.38M | -$684.00M | -498.45% | -5.2% | -176.0% |
| Q3 FY2026 | $144.79M | -$233.52M | -$247.83M | -171.16% | -21.6% | -59.5% |
| Q2 FY2026 | $184.69M | -$116.40M | -$155.41M | -84.14% | -23.1% | -140.4% |
| Q1 FY2026 | $240.29M | -$76.41M | $384.61M | 160.06% | +28.3% | +117.7% |
| Q4 FY2025 | $187.29M | $17.89M | $176.68M | 94.33% | +29.3% | +1194.4% |
| Q3 FY2025 | $144.82M | $29.21M | -$16.14M | -11.15% | +24.7% | +26.2% |
| Q2 FY2025 | $116.14M | $17.31M | -$21.89M | -18.85% | +120.1% | +57.7% |
| Q1 FY2025 | $52.76M | -$47.09M | -$51.70M | -97.99% |
Balance sheet
Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.
| Period | Cash | Current assets | Current liabilities | Total assets | Total liabilities | Total debt | Total equity |
|---|---|---|---|---|---|---|---|
| Q4 FY2026 | $5.90B | $7.89B | $2.22B | $15.79B | $11.60B | $7.59B | $4.19B |
| Q3 FY2026 | $2.21B | $2.42B | $651.36M | $7.26B | $4.60B | $2.66B | |
| Q2 FY2026 | $3.26B | $3.38B | $682.13M | $7.03B | $4.52B | $2.51B | |
| Q1 FY2026 | $1.03B | $1.12B | $203.75M | $4.27B | $1.39B | $2.88B | |
| Q4 FY2025 | $564.53M | $641.17M | $149.35M | $2.94B | $1.12B | $962.76M | $1.82B |
| Q3 FY2025 | $1.34B | ||||||
| Q2 FY2025 | $1.25B | ||||||
| Q1 FY2025 | $1.13B |
Cash flow
Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.
| Period | Operating cash flow | CapEx | Free cash flow | Net income | FCF QoQ |
|---|---|---|---|---|---|
| Q4 FY2026 | $1.81B | $1.33B | $482.24M | -$684.00M | +155.2% |
| Q3 FY2026 | $75.32M | $949.16M | -$873.83M | -$247.83M | -86.7% |
| Q2 FY2026 | $71.65M | $539.69M | -$468.04M | -$155.41M | -1133.2% |
| Q1 FY2026 | $142.35M | $180.31M | -$37.95M | $384.61M | +53.1% |
| Q4 FY2025 | $103.14M | $184.11M | -$80.97M | $176.68M | -57.7% |
| Q3 FY2025 | $93.10M | $144.45M | -$51.35M | -$16.14M | +39.9% |
| Q2 FY2025 | $53.56M | $139.06M | -$85.50M | -$21.89M | +22.1% |
| Q1 FY2025 | -$3.92M | $105.83M | -$109.75M | -$51.70M |
Valuation and returns
- Enterprise value
- $20.09B
- TECHi computed
- Return on equity
- -16.79%
- Market data source · as of 2026-09-20
- Return on assets
- -4.45%
- Market data source · as of 2026-09-20
- Debt / equity
- 1.81
- Current ratio 3.55
Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.
Annual revenue and income multiples
Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.
- Annual revenue base
- $707.01M
- Annual statement 2026-06-30
- Annual income base
- -$702.62M
- Annual statement 2026-06-30
- Market cap / annual revenue
- 26.02
- Live market value divided by annual revenue
Annual sales and income multiple
Market capitalization bridge
TTM valuation multiples
- TTM revenue
- $707.01M
- Trailing twelve months
- TTM EBIT
- -$1.05B
- TTM operating income
- Market cap / TTM revenue
- 26.02
- Live market value divided by trailing twelve months revenue
- EV / TTM revenue
- 28.42
- Enterprise value divided by trailing twelve months revenue
Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.
Revenue, net income, and free cash flow
Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.
Efficiency
- Revenue / employee
- $1.03M
- 685 employees
- Net income / employee
- -$1.03M
- TTM net income divided by employees
- FCF / employee
- -$1.31M
- TTM free cash flow divided by employees
- Market cap / employee
- $26.85M
- Live value per employee
Growth vs cost pressure
Cash conversion
Quarterly margin heatmap
Latest quarter expense mix
Profit bridge
Other income statement lines
Balance sheet · Q4 FY2026
- Cash & equivalents
- $5.90B
- Total debt
- $7.59B
- Net cash
- -$1.70B
- Net debt position
- Total equity
- $4.19B
Balance sheet detail
- Current assets
- $7.89B
- Current liabilities
- $2.22B
- Receivables
- $21.06M
- Current debt
- $169.37M
- Long-term debt
- $7.42B
Debt and liquidity
Cash + short-term investments + receivables / current liabilities
Cash generation
- Operating cash flow
- $1.81B
- Capital expenditure
- $1.33B
- Free cash flow
- $482.24M
Cash-flow detail
- Depreciation & amortization
- $112.08M
- Investing cash flow
- -$2.11B
- Financing cash flow
- $5.71B
- Stock issuance
- $0
- No common-stock issuance this period
Cash flow read
IREN runs cash-flow positive.
IREN is generating $482.24M of free cash, which funds buybacks (—) and dividends (—) without leaning on the balance sheet. Watch the gap between FCF and net income — a widening gap is usually working-capital noise; a persistent gap is a signal.
Frequently asked
Common questions.
What financial data is available for IREN?
TECHi shows IREN Ltd.'s income statement, balance sheet, and cash-flow statement by reported period, with each figure attributed to its source. Line items the company does not report are left blank rather than estimated.
How current are IREN's financial statements?
Each IREN statement is labelled with its reported period and source, so you can see exactly which quarter or fiscal year a figure covers and when the data was last updated.
What is IREN Ltd.'s reported net margin?
IREN Ltd. reports a net margin of -99.38% in its latest available fundamentals; the statements below show the revenue and cost lines behind it.