Financials in USD. Standardized financial statements.
A compact view of how IREN Limited turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $501.02M | $187.19M | $75.51M | $59.04M | $5.93M | $1.51M | $1,053 |
| Revenue Growth? | +167.7% | +147.9% | +27.9% | +895.6% | +293.6% | +142954.1% | 0.0% |
| Cost of Revenue? | $158.99M | $105.07M | $54.39M | $7.45M | $1.67M | $637,466 | $1,053 |
| Gross Profit? | $342.03M | $82.12M | $21.12M | $51.59M | $4.26M | $868,894 | $0 |
| Gross Margin? | +68.3% | +43.9% | +28.0% | +87.4% | +71.9% | +57.7% | 0.0% |
| Operating Expenses? | $319.91M | $109.39M | $69.68M | $51.13M | $4.50M | $2.04M | $112,679 |
| Operating Income? | $22.12M | -$27.28M | -$48.56M | $462,000 | -$236,497.8 | -$1.17M | -$112,679 |
| EBITDA? | $285.68M | $25.10M | -$122.56M | $16.14M | -$32.57M | -$888,988 | $0 |
| Income Before Tax | $93.50M | -$25.47M | -$169.44M | -$417.05M | -$44.41M | -$1.48M | -$161,120 |
| Income Tax Expense | $6.56M | $3.45M | $2.39M | $2.72M | $930,224 | $0 | $0 |
| Net Income? | $86.94M | -$28.92M | -$171.83M | -$419.77M | -$45.34M | -$1.48M | -$161,120 |
| EPS? | $0.41 | $-0.29 | $-3.14 | $-10.25 | $-1.14 | $-0.04 | $-0.01 |
| Diluted EPS? | $0.39 | $-0.29 | $-3.14 | $-10.25 | $-1.07 | $-0.04 | $-0.01 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality