IREN Q2 FY2026 Earnings Miss Estimates, Revenue Down 17.66%

IREN Limited reported Q2 FY2026 earnings with revenue of $184.7 billion, missing Wall Street estimates by 17.66%. Diluted EPS was $1.16, down 28.57% YoY. The company's quarterly results were negatively impacted by lower demand and reduced pricing in certain markets, leading to a 2.1% decline in revenue YoY.