IREN Ltd (IREN)
IREN Ltd brought in $695M of revenue over the twelve months to September 30, 2026, up 1.0% from a year earlier. It posted a net loss of $1.4B. In fiscal 2026 capital spending exceeded operating cash flow by $897.6M. At September 30, 2026 it held $3.5B in cash against $9.9B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about IREN Ltd
- Net worth
- IREN Ltd has a market value (market cap) of $7.1B at the latest share price, and shareholders' equity of $5.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $707M (+41.1% year on year), with a net loss of $702.6M. Over the 12 months to September 30, 2026: revenue $695M, net loss $1.4B.
- Cash flow
- In fiscal 2026 operations brought in $2.1B of cash; after $3B of capital spending, free cash flow was -$897.6M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- IREN Ltd's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What IREN Ltd does
IREN Ltd is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker IREN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $707M | -$702.6M | -$2.22 | -$897.6M |
| 2025 | $501M | $86.9M | $0.39 | -$327.6M |
| 2024 | $187.2M | -$28.9M | -$0.29 | -$89.6M |
| 2023 | $75.5M | -$171.8M | -$3.14 | -$110.3M |
| 2022 | $59M | -$419.8M | -$10.25 | -$121.1M |
| 2022 | $7.9M | -$60.4M | -$2.93 | -$5.5M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where IREN ranks in Finance
Latest SEC filings
What IREN Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 5% to $228M versus the same quarter last year; diluted EPS -$0.66 versus $1.08.
- November 5, 2026
- October 28, 2026Passive stake changed SCHEDULE 13G/A
- October 13, 2026
- October 13, 2026Additional proxy material DEFA14A
- October 13, 2026Proxy statement DEF 14A
- September 30, 2026Passive stake (5% or more) SCHEDULE 13G
- August 27, 2026Annual report 10-K · period to June 30, 2026Revenue rose 41% to $707M versus the prior year; diluted EPS -$2.22 versus $0.39.
- August 27, 2026
- August 13, 2026
Insider trades
What the people running IREN Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| July 1, 2026 | Bartholomew David JamesDirector | Received as pay | 8,369 | - |
| July 1, 2026 | Alfred MichaelDirector | Received as pay | 6,657 | - |
| July 1, 2026 | Roberts William GregoryCo-Chief Executive Officer, Director | Received as payindirect | 9,099,328 | - |
| July 1, 2026 | Roberts William GregoryCo-Chief Executive Officer, Director | Received as payindirect | 552,197 | - |
| July 1, 2026 | Roberts Daniel JohnCo-Chief Executive Officer, Director | Received as payindirect | 9,099,328 | - |
| July 1, 2026 | Roberts Daniel JohnCo-Chief Executive Officer, Director | Received as payindirect | 552,197 | - |
| July 1, 2026 | Parasuraman SunitaDirector | Received as pay | 6,657 | - |
| July 1, 2026 | Guzowski ChristopherDirector | Received as pay | 6,657 | - |
Who owns IREN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 677 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Bank of America Corp | 14,211,325 | +12,072,706 |
| BlackRock, Inc. | 13,315,152 | +8,858,032 |
| Goldman Sachs Group Inc | 12,518,530 | +6,948,317 |
| Citigroup Inc | 11,470,290 | +566,739 |
| Situational Awareness LP | 9,474,099 | -2,224,736 |
| Value Aligned Research Advisors, LLC | 8,467,327 | +3,699,720 |
| Morgan Stanley | 7,257,285 | +3,512,067 |
| BIT Capital GmbH | 7,032,519 | +505,417 |
| State Street Corp | 6,385,488 | +3,766,817 |
| Norges Bank | 5,197,774 | new |
| Cantor Fitzgerald, L. P. | 5,029,660 | +2,092,150 |
| Jane Street Group, LLC | 4,245,142 | +1,390,179 |
| Daiwa Securities Group Inc. | 4,236,374 | +4,206,174 |
| Deutsche Bank AG\ | 3,948,164 | +3,565,356 |
| Geode Capital Management, LLC | 2,523,920 | +1,862,179 |
| Clear Street Group Inc. | 3,289,458 | +1,225,306 |
| UBS Group AG | 3,269,131 | -415,983 |
| Healthcare of Ontario Pension Plan Trust Fund | 3,045,900 | new |
| Fred Alger Management, LLC | 2,874,178 | +2,549,088 |
| Jpmorgan Chase & Co | 2,699,785 | +848,305 |
Insiders
7 insiders reported holding 47,907,621 shares in total, about $945.2M at the last price.
| Holder | Shares |
|---|---|
| Roberts William GregoryCo-Chief Executive Officer, Director | 23,641,22123,641,221 held indirectly |
| Roberts Daniel JohnCo-Chief Executive Officer, Director | 23,641,22123,641,221 held indirectly |
| Lewis Anthony JChief Financial Officer | 221,483 |
| Bartholomew David JamesDirector | 153,574 |
| Alfred MichaelDirector | 127,606 |
| Parasuraman SunitaDirector | 76,691 |
| Guzowski ChristopherDirector | 45,825 |
Questions about IREN
What does IREN Ltd do?
IREN Ltd is a company in the Finance sector, listed on NASDAQ as IREN. Its shares trade on NASDAQ under the ticker IREN.
What is IREN Ltd's net worth?
IREN Ltd has a market value (market cap) of $7.1B at the latest share price, and shareholders' equity of $5.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is IREN Ltd profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $1.4B on revenue of $695M.
How much revenue does IREN Ltd make?
Over the twelve months to September 30, 2026 IREN Ltd reported revenue of $695M. That is 1.0% more than a year earlier.
When did IREN Ltd last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is IREN Ltd's next earnings report?
IREN Ltd's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values IREN Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.