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Iris Energy IREN Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Basic net income (loss) per share of Ordinary shares19$(0.74)$(0.07)$(0.06)$(0.44)
Basic weighted-average shares used in computing net income (loss) per share of Ordinary shares19333,734,176218,659,835300,366,927206,039,370
Diluted net income (loss) per share of Ordinary shares19$(0.74)$(0.07)$(0.06)$(0.44)
Diluted weighted-average shares used in computing net income (loss) per share of Ordinary shares19333,734,176218,659,835300,366,927206,039,370
Net income (loss)$(247,827)$(16,144)$(18,622)$(89,735)
Other comprehensive income (loss):
Change in foreign currency translation adjustments(7,108)24(9,325)(10,081)
Total comprehensive income (loss)$(254,935)$(16,120)$(27,947)$(99,816)

Item 1. Financial Statements

FAQ

What is Iris Energy's shares (diluted)?
Iris Energy (IREN) reported shares (diluted) of 333.7M in Q1 2026.
How has Iris Energy's shares (diluted) changed year-over-year?
Iris Energy's shares (diluted) increased by 52.6% year-over-year, from 218.7M to 333.7M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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