Iris Energy Limited

NasdaqGS:IREN Stock Report

Market Cap: US$2.3b

Iris Energy Past Earnings Performance

Past criteria checks 0/6

Iris Energy's earnings have been declining at an average annual rate of -3.8%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 66% per year.

Key information

-3.8%

Earnings growth rate

6.5%

EPS growth rate

Software Industry Growth17.3%
Revenue growth rate66.0%
Return on equity-2.6%
Net Margin-15.3%
Next Earnings Update26 Nov 2024

Recent past performance updates

Recent updates

Companies Like Iris Energy (NASDAQ:IREN) Are In A Position To Invest In Growth

Nov 13
Companies Like Iris Energy (NASDAQ:IREN) Are In A Position To Invest In Growth

Iris Energy: AI Optics, Still A Bitcoin Business (Rating Downgrade)

Oct 11

Why Investors Shouldn't Be Surprised By Iris Energy Limited's (NASDAQ:IREN) 29% Share Price Surge

Oct 05
Why Investors Shouldn't Be Surprised By Iris Energy Limited's (NASDAQ:IREN) 29% Share Price Surge

Iris Energy To Benefit From Its AI Cloud Services Expansion

Sep 22

Iris Energy Limited (NASDAQ:IREN) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

Jul 11
Iris Energy Limited (NASDAQ:IREN) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

Here's Why We're Not At All Concerned With Iris Energy's (NASDAQ:IREN) Cash Burn Situation

Jun 04
Here's Why We're Not At All Concerned With Iris Energy's (NASDAQ:IREN) Cash Burn Situation

Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues

Apr 29
Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues

The Impact Of AI On Iris Energy's Bitcoin Mining Success

Apr 22

Iris Energy Limited (NASDAQ:IREN) Shares Could Be 50% Below Their Intrinsic Value Estimate

Mar 22
Iris Energy Limited (NASDAQ:IREN) Shares Could Be 50% Below Their Intrinsic Value Estimate

Iris Energy: Deprived Of Any Investment Value Position

Jan 22

We're Not Very Worried About Iris Energy's (NASDAQ:IREN) Cash Burn Rate

Jan 20
We're Not Very Worried About Iris Energy's (NASDAQ:IREN) Cash Burn Rate

Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues Pushing Shares 136% Higher

Dec 24
Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues Pushing Shares 136% Higher

Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?

Oct 06
Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?

Even With A 52% Surge, Cautious Investors Are Not Rewarding Iris Energy Limited's (NASDAQ:IREN) Performance Completely

Apr 17
Even With A 52% Surge, Cautious Investors Are Not Rewarding Iris Energy Limited's (NASDAQ:IREN) Performance Completely

Returns At Iris Energy (NASDAQ:IREN) Are On The Way Up

Jan 04
Returns At Iris Energy (NASDAQ:IREN) Are On The Way Up

Iris Energy mines 8% more bitcoins in September, while hashrate climbs 24%

Oct 07

Iris Energy Limited (NASDAQ:IREN) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Sep 16
Iris Energy Limited (NASDAQ:IREN) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Iris Energy reports FY results

Sep 13

Iris Energy reports 96% M/M surge in Bitcoins mined in August

Sep 07

Iris Energy resumed with Buy rating at Citi as high-risk on bitcoin rout

Aug 23

Iris Energy gains on doubling operating capacity to more than 2.3 EH/s

Aug 08

Iris Energy stock perks up after boosting mining capacity in Bitmain deal

Aug 01

Buy Iris Energy, Get Bitcoin Mining For Free

Jun 23

Iris Energy Limited: A Way To Play Bitcoin's Eventual Turnaround

May 18

Iris Energy: An ESG-Friendly Bitcoin Miner On A Clear Expansion Path

Feb 28

Revenue & Expenses Breakdown

How Iris Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:IREN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24189-291240
31 Mar 24166-91050
31 Dec 23123-21870
30 Sep 2399-96720
30 Jun 2376-172620
31 Dec 2258-163410
30 Sep 2264-12400
30 Jun 2259-420340
31 Mar 2250-496240
31 Dec 2137-478180
30 Sep 2118-54980
30 Jun 218-6050
31 Mar 216-240
31 Dec 204-330
30 Sep 203-230
30 Jun 202-220
30 Jun 190000

Quality Earnings: IREN is currently unprofitable.

Growing Profit Margin: IREN is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: IREN is unprofitable, and losses have increased over the past 5 years at a rate of 3.8% per year.

Accelerating Growth: Unable to compare IREN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IREN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (26.4%).

Return on Equity

High ROE: IREN has a negative Return on Equity (-2.64%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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