Mar 2026 (Q3 FY26) — May 7, 2026
IREN Q3 FY26 — NVIDIA Partnership & Global AI Infrastructure Expansion
Read the full callIREN earnings: last reported Thu, 7 May 2026, for the quarter ended Mar 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 137 | −26.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -452.1 | −461.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -684 | −487.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $60.72 on 17 Oct 2025 → $27.73. High $76.41 (5 Nov 2025), low $26.99 (16 Oct 2026).
Overview
Call summaries
IREN Q3 FY26 — NVIDIA Partnership & Global AI Infrastructure Expansion
Read the full callEvery analysed call
Financials
Net profit, year on year: −487% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 53 | 116 | 145 | 187 | 240 | 185 | 145 | 137 |
| Operating profit | -47 | 17 | 29 | 18 | -76 | -116 | -234 | -620 |
| Operating margin | −89.2% | 14.9% | 20.2% | 9.6% | −31.8% | −63.0% | −161.3% | −452.1% |
| Other income | -3 | -36 | -40 | 156 | 652 | -222 | -21 | -72 |
| Interest | 0 | 2 | 4 | 5 | 9 | 11 | 15 | 24 |
| Profit before tax | -50 | -19 | -11 | 174 | 575 | -338 | -254 | -692 |
| Tax rate | −2.5% | −15.9% | −45.4% | −1.6% | 33.1% | 54.0% | 2.5% | 1.1% |
| Net profit | -52 | -22 | -16 | 177 | 385 | -155 | -248 | -684 |
| EPS ($ per share) | -0.27 | -0.10 | -0.07 | — | 1.42 | -0.52 | -0.74 | — |
| Line item | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|
| Reserves | — | -683 | -596 | -1,299 |
| Total liabilities | — | 55 | 1,123 | 11,604 |
| Fixed assets | — | 441 | 1,931 | 6,753 |
| Investments | — | 7 | 0 | — |
| Total assets | — | 1,153 | 2,940 | 15,790 |
| Line item | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|
| Cash from operations | 6 | 52 | 246 | 2,100 |
| Cash from investing | -71 | -498 | -1,380 | -4,723 |
| Cash from financing | 29 | 783 | 1,295 | 9,680 |
| Capital expenditure | -116 | -142 | -573 | -2,998 |
| Free cash flow | -110 | -90 | -328 | -898 |
| Segment | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|
| AI Cloud Services | 3% | 9% | 23% | 51% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
9 filings, all on Jul 1, 2026.
Nobody bought or sold IREN on the open market in this window. The filings below are 9 awards.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 1, 2026 | Bartholomew David James Director | Award | 8,369 | $0 |
| Jul 1, 2026 | ALFRED MICHAEL Director | Award | 6,657 | $0 |
| Jul 1, 2026 | Roberts William Gregory Co-Chief Executive Officer | Award | 9,099,328 | $0 |
| Jul 1, 2026 | Roberts William Gregory Co-Chief Executive Officer | Award | 552,197 | $0 |
| Jul 1, 2026 | Roberts Daniel John Co-Chief Executive Officer | Award | 9,099,328 | $0 |
| Jul 1, 2026 | Roberts Daniel John Co-Chief Executive Officer | Award | 552,197 | $0 |
| Jul 1, 2026 | Parasuraman Sunita Director | Award | 6,657 | $0 |
| Jul 1, 2026 | Guzowski Christopher Director | Award | 6,657 | $0 |
| Jul 1, 2026 | Lewis Anthony J Chief Financial Officer | Award | 26,968 | $0 |
| Sep 16, 2025 | Guzowski Christopher Director | Sale | 11,958 | $434.3K |
| Sep 11, 2025 | Roberts William Gregory Co-Chief Executive Officer | Sale | 1,000,000 | $33.13M |
| Sep 11, 2025 | Roberts Daniel John Co-Chief Executive Officer | Sale | 1,000,000 | $33.13M |
| Jul 1, 2025 | Parasuraman Sunita Director | Award | 39,168 | $0 |
| Jul 1, 2025 | Roberts Daniel John Co-Chief Executive Officer | Award | 1,793,392 | $0 |
| Jul 1, 2025 | Bartholomew David James Director | Award | 48,960 | $0 |
| Jul 1, 2025 | Guzowski Christopher Director | Award | 39,168 | $0 |
| Jul 1, 2025 | Roberts William Gregory Co-Chief Executive Officer | Award | 1,793,392 | $0 |
| Jul 1, 2025 | Nucifora Belinda Chief Financial Officer | Award | 63,910 | $0 |
| Jul 1, 2025 | ALFRED MICHAEL Director | Award | 39,168 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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