Iris Energy IREN EBIT
EBIT at other companies
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Where this comes from
Calculated from Iris Energy’s reported figures.
The official record: Iris Energy’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Iris Energy's EBIT?
- Iris Energy (IREN) reported EBIT of -$233.52M in Q1 2026.
- How has Iris Energy's EBIT changed year-over-year?
- Iris Energy's EBIT decreased by 899.3% year-over-year, from $29.22M to -$233.52M.
- What is the long-term trend for Iris Energy's EBIT?
- Over 2 years (2023 to 2025), Iris Energy's EBIT has grown at a -66.8% compound annual growth rate (CAGR), from -$157.24M to $17.33M.
- What does EBIT mean?
- Profit before interest and taxes — the business's core earning power.
- How do you interpret EBIT?
- Higher is better. Because it adds back interest, EBIT compares earning power across firms with very different debt loads — the base for interest coverage and the EV/EBIT multiple. For filers reporting operating income it equals that line, excluding non-operating swings.
- How does EBIT compare across companies?
- Comparable across companies regardless of leverage or tax domicile; the standard 'earning power' line for cross-company analysis. Least meaningful for banks and insurers.