Iris Energy Ltd logo

Iris Energy Ltd

IREN
Last price US$37.06
Market cap US$13.7b
12M price change 104.41%
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Iris Energy Ltd Overview

Industry: Capital Markets

Sector: Financial Services

Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is based in Sydney, Australia. Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is based in Sydney, Australia. Read More

Mavefund brings filings, fundamentals, valuation, price history and news for Iris Energy Ltd into one research view. The sections below show what strengthens or weakens the research case.

Score

Reported Results

What the company reported, with filing details kept small.

Filed May 11, 2026

Quarterly result summary

Revenue was $144.8M (-22% YoY). Net loss was -$247.8M. Adjusted EBITDA was $59.5M.

Revenue $144.8M -22% YoY
Net loss -$247.8M reported
Adjusted EBITDA $59.5M reported

What changed

  • Revenue -22% YoY to $144.8M.

Guidance / outlook

We expect this, together with operating cash flows, GPU financing, and additional financing initiatives to support our near-term Capex program, which includes delivery of the Microsoft contract and deployment of air-cooled capacity across Mackenzie and Childress.

Transcript exhibit Open filing

Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

Other recent earnings materials

Prediction-grade evidence

Recent News

Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

Earnings Per Share

Score 2.00/5
Iris Energy Ltd earns a low score, as its Earnings Per Share (EPS) has not shown continuous growth over the last six years. Notable counterparts in the sector with high scores includes Aflac Inc Pathward Financial Inc T. Rowe Price Group Inc
In Capital Markets industry , Futu Holdings Ltd , Raymond James Financial Inc , Houlihan Lokey are companies with high ratings.

Return on Equity

Score 0.12/5
Iris Energy Ltd exhibits a lower score in the Return on Equity (ROE) section, falling below the sector median value and indicating a comparatively weaker performance in this metric. The top companies in the same sector include Aflac Inc Pathward Financial Inc T. Rowe Price Group Inc
Iris Energy ... IREN US$13.7b
Aflac Inc AFL US$62.2b
Pathward Fin... CASH US$2.0b
T. Rowe Pric... TROW US$25.9b

Net Margin

Score 0.12/5
Iris Energy Ltd olds a low score as its net margin consistently trails below the sector median value and doesn't exhibit continuous growth over the last six years; notable companies in the sector with commendable scores include Aflac Inc Pathward Financial Inc T. Rowe Price Group Inc
Iris Energy ... IREN US$13.7b
Aflac Inc AFL US$62.2b
Pathward Fin... CASH US$2.0b
T. Rowe Pric... TROW US$25.9b

Share Buyback

In Capital Markets industry , Futu Holdings Ltd , Raymond James Financial Inc , Houlihan Lokey are companies with high ratings.

Leverage

Score 3.34/5
Iris Energy Ltd attains a commendable score in the category due to its lower leverage ratio over the past six years in comparison to the sector median value. Additionally, other notable companies in the same sector, such as Aflac Inc Pathward Financial Inc T. Rowe Price Group Inc , also exhibit high scores.
Iris Energy ... IREN US$13.7b
Aflac Inc AFL US$62.2b
Pathward Fin... CASH US$2.0b
T. Rowe Pric... TROW US$25.9b

Financial Statements

Company-reported SEC EDGAR facts organized into the three core statements.

Verified SEC statements load when this section enters view.

Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

Financial Ratio

Yearly Quarterly

Financial
Profitability
Growth
Cash Flow
Financial Health
Efficiency Ratios

Iris Energy Ltd logo

Iris Energy Ltd

US$37.06

US$13.7b

10.25%

104.41%