IREN Limited

IREN Financial Capital Markets

IREN Limited’s revenue for fiscal 2026 (year ended June 2026) was $707.0 million, up 41.1% from fiscal 2025.

Revenue
−26.7%
EPS
−391.9%
Free cash flow
+705.7%
Total debt
+701.0%

Quarter to June 2026, against a year earlier

21.37 3.34 +18.52%
Market cap
$7.3B
P/E
0.0×
Fwd P/E
−12.5×
Dividend yield
—
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

IREN Limited (IREN) Gross margin

Alert me on Gross margin

IREN Limited's gross margin over the twelve months to 30 June 2026 was 68.9%. Over the past ten years it has ranged from −37.2% (fiscal 2020) to 100.0% (fiscal 2023); the current reading is higher than 57% of that period. That is in line with the Capital Markets industry median of 68.2% and in line with the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 68.9% 0.65
FY2025 68.3% 14.78
FY2024 53.5% (46.51)
FY2023 100.0% 0.00
FY2022 100.0% 0.00
FY2021 100.0% 137.21
FY2020 −37.2% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 75.7% 3.29
Mar 2026 72.4% 8.03
Dec 2025 64.4% (2.04)
Sep 2025 66.4% (5.33)
15 more quarters

Against its own ten years

Low −37.2% High 100.0%
Ten-year median 68.9%
Current reading's percentile 25

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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