IREN Ltd IREN Revenue Breakdown

NASDAQ IREN
$35.19 -0.52 (-1.46%)
At close: Oct 9, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Iren, fiscal 2024 to 2026, as reported in its filings.
Annual history

Iren Revenue by Product & Service

Years FY 2024–2026
Lines 2
FY 2026 Total $707.01M

Bitcoin Mining was Iren’s largest product and service line in fiscal 2026, bringing in $578.21M of $707.01M (82%).

Iren revenue by product and service, fiscal 2024 to 2026
Product and Service FY 2024 FY 2025 FY 2026
Bitcoin Mining $184.09M $484.63M $578.21M
Ai Cloud $3.11M $16.39M $128.80M
Total $187.19M $501.02M $707.01M

Iren revenue by product and service: what the figures show

Iren brought in $707.01M from its two product and service lines in fiscal 2026, the year ended June 30, 2026. That was up 41.1% from $501.02M in fiscal 2025. Bitcoin Mining was the largest at $578.21M (81.8%), ahead of Ai Cloud at $128.80M (18.2%).

Compared with fiscal 2025, Ai Cloud grew 685.6% to $128.80M and Bitcoin Mining grew 19.3% to $578.21M. From fiscal 2024 to 2026, combined revenue from these lines grew from $187.19M to $707.01M, a compound annual growth rate of 94.3%. Bitcoin Mining's share of the total fell from 98.3% to 81.8%.

Annual history

Iren Revenue by Geography

Years FY 2024–2026
Lines 2
FY 2026 Total $707.01M

Australia was Iren’s largest region in fiscal 2026, bringing in $578.21M of $707.01M (82%).

Iren revenue by geography, fiscal 2024 to 2026
Geography FY 2024 FY 2025 FY 2026
Australia $184.09M $484.63M $578.21M
Canada $3.11M $16.39M $128.80M
Total $187.19M $501.02M $707.01M

Iren revenue by geography: what the figures show

Iren brought in $707.01M from its two regions in fiscal 2026, the year ended June 30, 2026. That was up 41.1% from $501.02M in fiscal 2025. Australia was the largest at $578.21M (81.8%), ahead of Canada at $128.80M (18.2%).

Compared with fiscal 2025, Canada grew 685.6% to $128.80M and Australia grew 19.3% to $578.21M. From fiscal 2024 to 2026, combined revenue from these regions grew from $187.19M to $707.01M, a compound annual growth rate of 94.3%. Australia's share of the total fell from 98.3% to 81.8%.

Annual history

Iren Revenue by Segment

Years FY 2024–2026
Lines 2
FY 2026 Total $707.01M

Bitcoin Mining was Iren’s largest segment in fiscal 2026, bringing in $578.21M of $707.01M (82%).

Iren revenue by segment, fiscal 2024 to 2026
Segment FY 2024 FY 2025 FY 2026
Bitcoin Mining $184.09M $484.63M $578.21M
Ai Cloud $3.11M $16.39M $128.80M
Total $187.19M $501.02M $707.01M

Iren revenue by segment: what the figures show

Iren brought in $707.01M from its two segments in fiscal 2026, the year ended June 30, 2026. That was up 41.1% from $501.02M in fiscal 2025. Bitcoin Mining was the largest at $578.21M (81.8%), ahead of Ai Cloud at $128.80M (18.2%).

Compared with fiscal 2025, Ai Cloud grew 685.6% to $128.80M and Bitcoin Mining grew 19.3% to $578.21M. From fiscal 2024 to 2026, combined revenue from these segments grew from $187.19M to $707.01M, a compound annual growth rate of 94.3%. Bitcoin Mining's share of the total fell from 98.3% to 81.8%.

Questions

Iren Revenue Breakdown FAQ

How does Iren make money?

Iren (IREN) reports its revenue by product and service, by geography and by segment. In fiscal 2026, Bitcoin Mining was its largest product and service line, bringing in $578.21M (81.8% of the total), followed by Ai Cloud at $128.80M (18.2%).

What is Iren's largest product and service line?

Bitcoin Mining was Iren's largest product and service line in fiscal 2026, bringing in $578.21M, or 81.8% of the $707.01M total across its two product and service lines.

What is Iren's largest region?

Australia was Iren's largest region in fiscal 2026, bringing in $578.21M, or 81.8% of the $707.01M total across its two regions.

What is Iren's largest segment?

Bitcoin Mining was Iren's largest segment in fiscal 2026, bringing in $578.21M, or 81.8% of the $707.01M total across its two segments.

Which Iren product and service line is growing the fastest?

Ai Cloud grew faster than Bitcoin Mining in fiscal 2026, up 685.6% from $16.39M to $128.80M. Bitcoin Mining grew 19.3% to $578.21M.

Where does this revenue breakdown data come from?

Every figure comes from Iren's annual financial filings, as reported. Each line keeps the name Iren gives it, and years follow its fiscal calendar.

How far back does Iren's revenue breakdown go?

Iren's revenue by product and service goes back to fiscal 2024, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.