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Net Income at other companies

HVI
Hennessy Capital Investment Corp. VIIHVII
$575.61K-43.5%
ADA
American Drive Acquisition CompanyADAC
$970.78K
BDC
BTC Development Corp.BDCI
$1.7M+4,876%
ORI
Origin Investment Corp IORIQ
$390.56K+8,603%

Other financials

Income statement

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Operating income-$144.1K

Balance sheet

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Cash & equivalents$854.8K
Total debt$84.6K
Total equity-$6.4M
Total assets$170.4M

Cash flow

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Operating cash flow-$9.8K

Valuation

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Market cap$228.59M+0.6%
Enterprise value$227.82M

Returns & leverage

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Debt / equity-0×
Current ratio2.9×

Where this comes from

Reported directly by Iris Acquisition in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Iris Acquisition’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 3:52 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001185185-26-001860
General and administrative costs144,112
Interest earned on cash held in Trust Account919,562
Interest expense on short-term loan(1,515)
Total other income (expense)918,047
Net income$773,935
Weighted average shares outstanding, Class A redeemable ordinary shares10,412,921
Basic and diluted net income per share, Class A redeemable ordinary shares$0.05
Weighted average shares outstanding, Class A non-redeemable and Class B ordinary shares (1)5,651,761
Basic net income per share, Class A non-redeemable and Class B ordinary shares$0.05

Item 1. Financial Statements

FAQ

What is Iris Acquisition's net income?
Iris Acquisition (IRAB) reported net income of $773.94K in Q1 2026.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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