For the quarter ending 2025-12-31, IREN made $184,692K in revenue. -$152,166K in net income. Net profit margin of -82.39%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Total revenue | 184,692 | 240,295 | 125,256* | |
| Bitcoin Mining Revenue | 63,368 | 79,945 | 39,418* | |
| AICloud Services | 2,395 | 728 | 330* | |
| Total cost of revenue | 65,763 | 80,673 | 39,748* | |
| Employee benefits | 8,553 | 8,364 | 6,883* | |
| Payroll taxes on stock-based compensation | 6,843 | 32,774 | - | |
| Professional fees | 9,277 | 6,789 | 4,500* | |
| Stock based compensation | 58,231 | 72,405 | 10,661* | |
| Insurance | 3,823 | 5,173 | 4,526* | |
| Renewable energy certificates | 2,705 | 2,824 | 1,433* | |
| Property taxes | 1,889 | 1,634 | 1,014* | |
| Non-refundable provincial sales tax | 1,955 | 1,490 | 1,297* | |
| Sponsorships and marketing | 1,997 | 3,080 | 721* | |
| Other selling, general and administrative expenses | 5,482 | 3,826 | 3,080* | |
| Selling, general and administrative expenses | 100,755 | 138,359 | 34,115* | |
| Depreciation and amortization | 99,176 | 85,226 | 45,284* | |
| Impairment of assets | 31,755 | 16,257 | 1,806* | |
| Gain (loss) on disposal of property, plant and equipment | 7 | -13 | 1,001* | |
| Other operating expenses | 5,468 | 0 | 3,326* | |
| Other operating income | 1,815 | 3,828 | 2,353* | |
| Total operating (expenses) income | -235,332 | -236,027 | -81,176* | |
| Operating (loss) income | -116,403 | -76,405 | 4,332* | |
| Finance expense | 10,668 | 9,280 | 2,761* | |
| Interest income | 15,775 | 7,128 | 1,876* | |
| Increase (decrease) in fair value of assets held for sale | -6,449 | 0 | 540* | |
| Realized gain (loss) on financial instruments | -2,910 | -5,756 | -1,054* | |
| Unrealized gain (loss) on financial instruments | -107,351 | 664,993 | 19,380* | |
| Gain on partial extinguishment of financial liabilities | 0 | - | 2,273* | |
| Gain (loss) on disposal of subsidiaries | - | - | 0* | |
| Debt conversion inducement expense | 111,799 | - | - | |
| Foreign exchange gain (loss) | 1,878 | -5,382 | -335* | |
| Other non-operating income | 0 | 0 | 204* | |
| Total other (expense) income | -221,524 | 651,703 | 19,044* | |
| Income (loss) before taxes | -337,927 | 575,298 | 23,376* | |
| Income tax (expense) benefit | -182,520 | 190,687 | 1,640* | |
| Net income (loss) | -155,407 | 384,611 | 21,736* | |
| Change in foreign currency translation adjustments | 3,241 | -5,458 | 1,230* | |
| Total comprehensive income (loss) | -152,166 | 379,153 | 22,966 | |
| Basic EPS | -0.52 | 1.42 | 0.107 | |
| Diluted EPS | -0.52 | 1.08 | 0.103 | |
| Basic Average Shares | 298,027,356 | 270,696,733 | 214,586,767 | |
| Diluted Average Shares | 298,027,356 | 361,680,593 | 223,245,651 | |
IREN Ltd (IREN)
IREN Ltd (IREN)