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IREN Ltd revenue

IREN Ltd's revenue was $707m in fiscal 2026, up 41.1% on the year before. Since fiscal 2023 ($75.5m) it has grown at a compound 110.8% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2023Jun 20232024Jun 20242025Jun 20252026Jun 2026
Revenue76187501707
Growth on the year before—+147.9%+167.7%+41.1%
Gross profit36100342487
Gross margin47.8%53.5%68.3%68.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to June 30, 2026
Products and services
Line of business Revenue Share YoY
Bitcoin Mining $578M 81.8% ▲ 19.3%
AI Cloud Services $129M 18.2% ▲ 685.6%
Geography
Region Revenue Share YoY
Australia $578M 81.8% ▲ 19.3%
Canada $129M 18.2% ▲ 685.6%
United States $0 0.0% —

From IREN Ltd's 10-K filed August 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Internet Services & Infrastructure: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
IREN Ltd $707m 41.1% —
Fastly, Inc. $687m 20.4% 13.6%
Riot Platforms, Inc. $675m 24.5% 38.0%
Legalzoom.com, Inc. $792m 12.3% 7.6%
Mara Holdings, Inc. $804m 0.7% 66.6%
Nebius Group N.V. $530m 479.0% -24.0%

Compare with peers

Head to head: FSLY vs IRENIREN vs RIOTIREN vs LZ

More: Internet Services & Infrastructure stocks compared, Technology sector, rankings of US companies

Figures from IREN Ltd's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to IREN Ltd.