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Iris Energy IREN Acquisitions

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Other financials

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

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Market cap$13.9B+214%
Enterprise value$12.08B+212%
P/E87.9×+37.0×
P/S18.4×+9.5×

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×

Where this comes from

Reported directly by Iris Energy in its filing.

Tagged under the XBRL concept us-gaap:FairValueOfAssetsAcquired.

The source filing: Iris Energy’s 10-K, filed August 28, 2025.

Filed
Aug 28, 2025
Fiscal year
FY2025
Accession
0001878848-25-000063
(in USD thousands)Years ended June 30, 2025Years ended June 30, 2024Years ended June 30, 2023
Share issuance proceeds under Committed Equity Facility1,642
Unrealized gain (loss) on derivative assets27,252
Unrealized gain (loss) on financial assets45,400
ATM agent fees18,10123,143
Stock-based compensation - third party issuance319
Reclassification of property and equipment to equipment held for sale23,222
Issuance of Ordinary shares - restricted stock unit settlements1,178
Property and equipment obtained in exchange transactions49,207

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Iris Energy's acquisitions?
Iris Energy (IREN) reported acquisitions of $12.3M in Q2 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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