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Iris Energy IREN Net gains (losses) on investments

Net gains (losses) on investments at other companies

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Marathon Digital HoldingsMARA
$0
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-$16.53M
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TeraWulfWULF
-$11.06M
Bit Digital logo
Bit DigitalBTBT
-$1.92K
Applied Digital logo
Applied DigitalAPLD
$4.77M

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$13.84B+219%
Enterprise value$12.03B+218%
P/E87.6×+37.6×
P/S18.3×+9.6×

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:UnrealizedGainLossOnInvestments.

The source filing: Iris Energy’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001878848-26-000026
Line itemNoteThree Months Ended March 31, 2026Three Months Ended March 31, 2025Nine Months Ended March 31, 2026Nine Months Ended March 31, 2025
Interest income21,7991,92544,7025,801
Increase (decrease) in fair value of assets held for sale(2,035)(95)(8,484)(2,161)
Realized gain (loss) on financial instruments8, 10(8,666)(4,215)
Unrealized gain (loss) on financial instruments8, 10(23,700)(37,900)533,942(70,200)
Debt conversion inducement expense(111,799)
Foreign exchange gain (loss)(1,865)(318)(5,369)(3,691)
Other non-operating income7518675480
Total other (expense) income(20,563)(40,321)409,616(79,849)

Item 1. Financial Statements

FAQ

What is Iris Energy's net gains (losses) on investments?
Iris Energy (IREN) reported net gains (losses) on investments of -$23.7M in Q1 2026.
How has Iris Energy's net gains (losses) on investments changed year-over-year?
Iris Energy's net gains (losses) on investments increased by 37.5% year-over-year, from -$37.9M to -$23.7M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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