Iris Energy IREN Business Segments
| TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Product | ||||||
| AI Cloud Services | $65.24M+539% | $35.19M+375% | $20.55M+272% | $16.39M+428% | $10.21M+338% | |
| Bitcoin mining | $691.83M+97.5% | $721.91M+183% | $668M+256% | $484.63M+163% | $350.32M+123% | |
| Cost of Revenue by Product | ||||||
| AI Cloud Services | $8.2M+774% | $3.94M+465% | $1.82M+252% | $1.32M+248% | $937.75K+230% | |
| Bitcoin mining | $231.06M+82.0% | $237.34M+122% | $205.99M+113% | $157.67M+81.9% | $126.93M+69.5% | |
| Other direct expenses by Product | ||||||
| AI Cloud Services | $1.42M+679% | $693K+468% | $360K+326% | $245K+354% | $182.5K+351% | |
| Bitcoin mining | $4.14M+128% | $3.58M+133% | $2.98M+116% | $2.35M+93.6% | $1.81M+65.8% | |
| Employee benefits by Product | ||||||
| AI Cloud Services | $4.19M+649% | $2.19M+379% | $1.13M+213% | $824K+191% | $559.75K+164% | |
| Bitcoin mining | $12.94M+134% | $11.11M+133% | $9.16M+113% | $7.52M+92.2% | $5.52M+50.5% | |
| Electricity by Product | ||||||
| AI Cloud Services | $2.58M+1,220% | $1.06M+795% | $321K+362% | $250K+495% | $195.5K+521% | |
| Bitcoin mining | $213.99M+78.9% | $222.65M+121% | $193.85M+113% | $147.81M+81.2% | $119.6M+70.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Iris Energy break its business down?
- Iris Energy (IREN) reports total revenue by product across 2 parts — AI Cloud Services and Bitcoin mining. Each is extracted from the segment footnotes and tracked over time.
- Where does Iris Energy's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Iris Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
