IREN has been growing earnings at an average annual rate of 59.6%, while the Software industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 62.1% per year. IREN's return on equity is 5.9%, and it has net margins of 20.9%.
Key information
59.64%
Earnings growth rate
66.14%
EPS growth rate
Software Industry Growth
14.88%
Revenue growth rate
62.12%
Return on equity
5.93%
Net Margin
20.88%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How IREN makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
DB:F8P Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
757
158
324
0
31 Dec 25
757
390
279
0
30 Sep 25
689
523
216
0
30 Jun 25
501
87
136
0
31 Mar 25
370
-117
60
0
31 Dec 24
279
-92
64
0
30 Sep 24
206
-75
64
0
30 Jun 24
187
-29
70
0
31 Mar 24
166
-9
111
0
31 Dec 23
123
-21
94
0
30 Sep 23
95
-96
79
0
30 Jun 23
76
-172
49
0
31 Dec 22
58
-163
41
0
30 Sep 22
64
-12
40
0
30 Jun 22
59
-420
34
0
31 Mar 22
50
-496
24
0
31 Dec 21
37
-478
18
0
30 Sep 21
18
-549
8
0
30 Jun 21
8
-60
5
0
31 Mar 21
6
-2
4
0
31 Dec 20
4
-3
3
0
30 Sep 20
3
-2
3
0
30 Jun 20
2
-2
2
0
30 Jun 19
0
0
0
0
Quality Earnings: F8P has a high level of non-cash earnings.
Growing Profit Margin: F8P became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: F8P has become profitable over the past 5 years, growing earnings by 59.6% per year.
Accelerating Growth: F8P has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: F8P has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (17.1%).
Return on Equity
High ROE: F8P's Return on Equity (5.9%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/19 21:10
End of Day Share Price
2026/06/18 00:00
Earnings
2026/03/31
Annual Earnings
2025/06/30
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
IREN Limited is covered by 21 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.