For Q3 FY2026 ended March 31, 2026, IREN reported revenue of $144.8 million, a slight decrease of 1.9% year-over-year. Net loss widened significantly to $247.8 million, compared to a loss of $16.2 million in the prior year, driven by a sharp decline in operating income. Diluted EPS was -$0.74, down from -$0.07. The company held $2.21 billion in cash and $2.66 billion in equity, with no long-term debt reported.
•Revenue of $144.8M, down 1.9% YoY.
•Net loss of $247.8M vs. $16.2M loss a year ago.
•Operating loss of $233.5M, compared to a loss of $23.4M.
•Cash and equivalents of $2.21B; no long-term debt.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers.
It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. Formerly known as Iris Energy Limited, the company rebranded as IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.
IREN Limited operates in the vertically integrated data center business, primarily in Australia and Canada. The company owns and manages computing hardware, electrical infrastructure, and data centers. Additionally, IREN mines Bitcoin, a scarce digital asset created and transmitted through a peer-to-peer network running Bitcoin software. The company was formerly known as Iris Energy Limited before rebranding to IREN Limited in November 2024. Its operations combine data center services with cryptocurrency mining, leveraging its infrastructure to support both activities.
Where is IREN Limited listed and in which currency?
IREN Limited is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol IREN. Its shares trade in US Dollars (USD). The company is headquartered in Sydney, Australia, but its stock is available to investors on the US exchange, providing access to global capital markets.
What sector and industry does IREN Limited belong to?
IREN Limited operates in the Financial Services sector, specifically within the Capital Markets industry. This classification reflects its involvement in financial activities such as Bitcoin mining, which generates a digital asset traded on capital markets. The company's vertically integrated data center business supports both its own mining operations and potentially services for other clients, aligning with capital market infrastructure.
Where is IREN Limited headquartered and what markets does it serve?
IREN Limited is based in Sydney, Australia, and was incorporated in 2018. The company operates in Australia and Canada, focusing on the vertically integrated data center business. It serves these markets by owning and managing computing hardware, electrical infrastructure, and data centers. Additionally, its Bitcoin mining activities have a global reach, as Bitcoin is a digital asset traded worldwide.