IREN
IREN·NASDAQ
--
--(--)
Market Open: --
--
--(--)
Pre-Market: --
IREN fundamentals
IREN (IREN) released its earnings on Nov 6, 2025: revenue was 240.30M (YoY +351.52%), missed estimates; EPS was 1.08 (YoY +1450.00%), beat estimates.
Revenue / YoY
240.30M
+351.52%
EPS / YoY
1.08
+1450.00%
Report date
Nov 6, 2025
IREN Earnings Call Summary for Q1,2026
Key Takeaways:
- $9.7B Microsoft Deal: Delivers $1.9B ARR with 85% margin, 20% upfront prepayment, and 25-30% levered IRR. Represents a strategic partnership for hyperscale AI compute.
- 140,000 GPU Expansion: Targeting $3.4B ARR by end-2026, leveraging 16% of 3 GW power. Sweetwater (2 GW) and Canadian sites drive growth.
- Financial Strength: $1.8B cash, $2.5B secured financing, and 35%+ equity IRR on cloud deals. Dell's GPU financing reduces capital intensity.
- Strategic Differentiation: Vertically integrated platform, future-proofed data centers, and hyperscale credit risk mitigation.
- Customer Demand: Strong precontracting of GPUs, with hyperscalers favoring bare metal service over software stack.
EPS
Revenue
Revenue & Expenses
IREN has released its 2026 Q1 earnings report, with revenue of 240.29M, reflecting a YoY change of 355.41%, and net profit of 384.61M, showing a YoY change of 843.89%. The Sankey diagram below clearly presents IREN's revenue sources and cost distribution.
Key Indicators
IREN (IREN) key financial stats and ratios, covering profitability, financial health, and leverage.
IREN (IREN)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
Trend
Breakdown
IREN (IREN)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
Trend
Breakdown
IREN (IREN)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
Trend
Breakdown
Where does IREN (IREN) generate its revenue? Explore its key revenue streams and top earning regions.
By Business
Data source:
By Region
Data source:
Track IREN (IREN) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
Payout Ratio
Dividend Yield
You can ask Aime
What is the market's earnings forecast for IREN next quarter?What is IREN's latest dividend and current dividend yield?What factors drove the changes in IREN's revenue and profit?Did IREN beat or miss consensus estimates last quarter?What guidance did IREN's management provide for the next earnings period?What does IREN do and what are its main business segments?What were the key takeaways from IREN’s earnings call?What is IREN's gross profit margin?
