IREN Limited (IREN) Earnings History
Annual and quarterly earnings data from 2019 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 68.3% | 3.5% | 17.4% |
| 2024 | 53.5% | -14.5% | -15.4% |
| 2023 | 47.8% | -208.2% | -227.6% |
| 2022 | 87.4% | 0.5% | -711.0% |
| 2021 | 71.9% | -6.6% | -764.6% |
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IREN Limited (IREN) Earnings Overview
As of March 3, 2026, IREN Limited (IREN) reported trailing twelve-month net income of -$16M, reflecting +2.3% year-over-year growth. The company earned $-0.05 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, IREN's historical earnings data spans multiple years. The company achieved its highest annual net income of $87M in fiscal 2025, representing a new all-time high.
IREN Limited is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to industry peers including BMNR (-$4.85B net income, 57.2% margin), WULF (-$564M net income, -0.5% margin), CIFR (-$822M net income, -3.7% margin), IREN has room to improve margins relative to the peer group. Compare IREN vs BMNR →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
7 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $87M | +400.6% | $17M | $0.39 | 17.4% | 3.5% |
| 2024 | -$29M | +83.2% | -$27M | $-0.29 | -15.4% | -14.5% |
| 2023 | -$172M | +59.1% | -$157M | $-3.14 | -227.6% | -208.2% |
| 2022 | -$420M | -595.1% | $307,000 | $-10.25 | -711.0% | 0.5% |
| 2021 | -$60M | -2719.3% | $-524,000 | $-1.07 | -764.6% | -6.6% |
| 2020 | -$2M | -1229.4% | -$2M | $-0.04 | -98.5% | -77.1% |
| 2019 | $-161,120 | - | $-112,679 | $-0.01 | -15301.0% | -10700.8% |
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Start ComparisonFrequently Asked Questions
Is IREN growing earnings?
IREN EPS of $-0.05 reflects slowing growth at +2.3%, below the 5-year CAGR of N/A. TTM net income is $-16M. Expansion rate has moderated.
What are IREN's profit margins?
IREN Limited net margin is +0.2%, with operating margin at +0.0%. Below-average margins reflect competitive or cost pressures.
How consistent are IREN's earnings?
IREN earnings data spans 2019-2025. The current earnings trend is +2.3% YoY. Historical data enables comparison across business cycles.