IREN earnings — 2026-08-27

IREN filed its FY2026 annual report (fiscal year ended June 30, 2026) on August 27 — a Form 10-K plus a results 8-K the same day. Per the filing's XBRL: revenue $707.0M for the year, operating income −$1.05B, net income −$702.6M, diluted EPS −$2.22 (GAAP). The balance sheet is the story as much as the P&L: cash of $5.90B at year-end against $564.5M a year earlier, operating cash flow of $2.10B, and capex of $3.00B — a buildout running far ahead of the operating line, funded in the capital markets. The wide gap between negative operating income and positive operating cash flow points to large non-cash charges and/or customer prepayments; the 10-K's cash-flow statement owns that decomposition and is not re-derived here. No consensus-surprise figure is on file, so no beat/miss claim is made.

Shares closed +2.40% at $40.53 on the filing day, still 47.3% off the 52-week high with a strong-down trend — a muted reception inside a neocloud cohort that broadly failed to rally on NVIDIA's same-week blowout.

Sources

• FY2026 10-K: https://www.sec.gov/Archives/edgar/data/1878848/000187884826000052/iren-20260630.htm (filed 2026-08-27)
• Results 8-K: https://www.sec.gov/Archives/edgar/data/1878848/000187884826000051/iren-20260827.htm
• SEC XBRL facts: key-financials (pulled 2026-08-27)
• Tape: neoclouds (2026-08-27 close)