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IREN Ltd. IREN Q3 2026 earnings

Reported May 7, 2026 · After market close

Revenue$144.8MMiss by $74.9M
EPS-$0.25Miss by $0.03
Revenue estimate$219.7M
EPS estimate-$0.22

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$235.8M
EPS estimate-$0.56

Financials

Q3 2026

Income statement

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Revenue$144.8M0.0%
Gross profit$104.9M+1.9%
Operating income-$233.5M-899%
Net income-$247.8M-1,435%
EPS (diluted)-$0.74-957%

Balance sheet

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Cash & equivalents$2.2B+1,101%
Total debt$399.2M—
Total equity$2.7B+98.2%
Total assets$7.3B—

Cash flow

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Operating cash flow$75.3M-19.1%
CapEx$949.2M+2,548%
Free cash flow-$873.8M-1,602%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$11.37B+753%
Enterprise value$9.56B—
P/E72×—
P/S15×+11.3×

Profitability

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Gross margin68.4%+3.9pp
Operating margin-54%-56.2pp
Net margin20.9%+13.4pp
FCF margin-193%-522pp

Returns & leverage

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Return on equity7.9%—
Debt / equity0.1×—
Current ratio3.7×—

Segments

By geography

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Australia$144.6M+19.3%
Canada$32.2M+686%
United States-—

By product

See full
Bitcoin mining$111.2M-21.3%
AI Cloud$33.6M+839%

By segment

See full
AI Cloud$33.6M+839%

FAQ

When did IREN Ltd. report Q3 2026 earnings?
IREN Ltd. (IREN) reported Q3 2026 earnings on May 7, 2026 after market close.
What were IREN Ltd.'s Q3 2026 revenue and EPS?
IREN Ltd. reported revenue of $144.8M and eps of $-0.25 for Q3 2026.
Did IREN Ltd. beat estimates in Q3 2026?
Revenue missed the consensus estimate of $219.7M by $74.9M. EPS missed the consensus estimate of $-0.22 by $0.03.
How did IREN Ltd.'s Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 0.0% from $144.8M a year earlier.
Where can I find IREN Ltd.'s Q3 2026 SEC filings?
You can read the 8-K earnings release (0001878848-26-000025) and the 10-Q periodic report (0001878848-26-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.