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Iris Energy (IREN)
NASDAQ:IREN
Earnings Data
Report Date
Sep 10, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.09Last Year’s EPS
-0.24Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 15.93%
|Next Earnings Date:Sep 10, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong operational and financial performance with record-breaking revenue and significant growth in Bitcoin mining and AI Cloud services. Despite increased electricity costs and a high net funding requirement, the company shows disciplined capital allocation and strategic focus on AI infrastructure, suggesting a positive outlook.Company Guidance
In the Q3 FY2025 results conference call, IREN reported significant financial and operational growth metrics, marking their second consecutive quarter of profitability with a net profit of $24 million, reflecting a 28% quarter-on-quarter growth. Revenue reached a record $148 million, driven by both Bitcoin mining and AI Cloud segments, while EBITDA was nearly $83 million, also a record. The company achieved an average operating mining capacity of 29.4 exahash, a nearly fivefold increase year-on-year. IREN anticipates reaching 50 exahash of installed capacity by June 30, representing a fourfold increase from June last year. The AI Cloud segment saw 33% quarter-on-quarter revenue growth, with hardware margins exceeding 95%. Additionally, IREN plans significant AI infrastructure expansions, including the development of a 50-megawatt liquid-cooled data center by Q4 2025 and a 2-gigawatt data center hub in Texas by April 2026.Record-Breaking Revenue and Growth
Q3 FY2025 revenue reached a record $148 million, driven by growth in Bitcoin mining and AI Cloud segments. Net profit was $24 million, reflecting a 28% growth quarter-on-quarter.
Significant Bitcoin Mining Capacity Expansion
Achieved an average of 29.4 exahash of operating mining capacity, representing nearly a 5x uplift year-on-year. Plan to reach 50 exahash by June 30, marking a 4x increase from June last year.
Strong AI Cloud Performance
AI Cloud services saw 33% quarter-on-quarter revenue growth with 97% hardware profit margins. The GPU fleet is running at or near full utilization.
Efficient Capital Allocation and Strategic Pause
Decision to pause further Bitcoin mining expansion beyond 50 exahash to focus on AI infrastructure, reflecting disciplined capital allocation.
Advancement in AI Data Centers
Development of Horizon 1, a 50 megawatt liquid-cooled data center, targeting Q4 2025 delivery, designed for next-generation AI workloads.
IREN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IREN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $7.97 | $7.75 | -2.76% |
Feb 12, 2025 | $13.01 | $13.08 | +0.54% |
Nov 26, 2024 | $9.56 | $12.40 | +29.71% |
Aug 28, 2024 | $7.42 | $8.52 | +14.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Iris Energy (IREN) report earnings?
Iris Energy (IREN) is schdueled to report earning on Sep 10, 2025, TBA Not Confirmed.
What is Iris Energy (IREN) earnings time?
Iris Energy (IREN) earnings time is at Sep 10, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IREN EPS forecast?
IREN EPS forecast for the fiscal quarter 2025 (Q4) is 0.09.