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Iris Energy IREN Q2 2025 earnings

Reported February 12, 2025 · After market close

Revenue estimate$168.0M
EPS estimate-$0.04

Next report

Aug 27, 2026 (in a month)
Revenue estimate$157.1M
EPS estimate-$0.32

Financials

Q2 2025

Income statement

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Revenue$116.1M+148%
Gross profit$83.9M+235%
Operating income$17.3M+354%
Net income-$21.9M-203%
EPS (diluted)-$0.10-37.9%

Balance sheet

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Cash & equivalents$427.3M
Total equity$1.2B

Cash flow

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Operating cash flow$53.6M+310%
CapEx$411.4M+1,060%
Free cash flow-$85.5M-282%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$2.11B+101%
P/S0.0×

Profitability

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Gross margin59%+7.1pp
Operating margin-16.5%-7.2pp
Net margin-33.5%-12.1pp
FCF margin-91.5%+23.1pp

Segments

By geography

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Australia$121.2M+163%
Canada$4.1M+428%
United States-

By product

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Bitcoin mining$113.5M+147%
AI Cloud Services$2.7M+243%

Versus estimates

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Questions, answered.

When did Iris Energy report Q2 2025 earnings?
Iris Energy (IREN) reported Q2 2025 earnings on February 12, 2025 after market close.
What were Iris Energy's Q2 2025 revenue and EPS?
Iris Energy reported revenue of $117.5M and diluted EPS of $0.09 for Q2 2025.
Did Iris Energy beat estimates in Q2 2025?
Revenue missed the consensus estimate of $168.0M by $50.5M. EPS beat the consensus estimate of $-0.04 by $0.13.