The financials
IREN Limited by the numbers
Its largest product in 2026-Q1 was Bitcoin Mining at $111M, 77% of the disclosed total, just ahead of AI Cloud Services at 23%.
| Income statement | Q3 2025 | Q3 2024 | Change |
|---|---|---|---|
| Revenue | n/a | $54M | n/a |
| Operating income | $36M | $6.0M | +490% |
| Net income | $24M | $8.6M | +180% |
| Diluted EPS | $0.00 | $0.00 | +38% |
| Product | Revenue | Share |
|---|---|---|
| Bitcoin Mining | $111M | 77% |
| AI Cloud Services | $34M | 23% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $144.8M (-22%)
AI Cloud Services grew +839% year on yearBitcoin Mining -21% year on year
Segment Latestquarter on quarteryear on year
- Bitcoin Mining$111.2M$111.2MQoQ -34%year on year -21%-34%-21%
- AI Cloud Services$33.6M$33.6MQoQ +94%year on year +839%+94%+839%
Capital Markets
Ranks #38 of 40 by Smart Score