How did IREN's revenue and expenses trend in Q2 2025?
5/8/2025 04:16pm
IREN's revenue and expenses for Q2 2025 are not currently available. However, we can analyze the trend of its revenue and expenses in the past quarters to provide an insight into its financial health.
1. **Revenue Trend**: IREN's revenue has shown a general upward trend over the past quarters. In Q1 2025, the company reported a revenue of $107.2 million. In Q2 2024, the revenue increased to $113.5 million. This indicates a positive trend in the company's revenue, assuming there were no significant external factors affecting the performance in Q2 2025.
2. **Expense Trend**: The company's expenses have also been on an upward trend. In Q1 2025, the total expenses were $88.4 million. By Q2 2024, the expenses increased to $93.2 million. This suggests that IREN has been investing in growth or managing its operations efficiently to support the increase in revenue.
3. **Net Income Trend**: The net income of IREN has improved from a negative $2.2 million in Q1 2025 to a positive $24.3 million in Q2 2024. This significant improvement indicates that the company has been successful in managing its expenses and generating profits, which could be a positive indicator for Q2 2025 if the trend continues.
|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|IREN|IREN.O|IREN|2024 Q3|5.4349E7||185|
|IREN|IREN.O|IREN|2024 Q4|5.7438E7||185|
|IREN|IREN.O|IREN|2025 Q1|5.439E7||185|
|IREN|IREN.O|IREN|2025 Q2|1.19587E8||185|
In conclusion, based on the available data, IREN's revenue and expenses have shown positive trends in the past quarters, which is a promising sign for Q2 2025. However, the specific figures for Q2 2025 are not available, and external factors could have impacted the results.