Filing Flows › Iren (IREN) › Q1 FY27 › vs Q4 FY26
Iren (IREN) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Iren's revenue rose $90.8M (+66%) from $137M in Q4 FY26 to $228M in Q1 FY27.
Iren, Q1 FY27: revenue $228M (-5% year over year), operating margin -81.6%, net loss $263M, operating cash flow $529M. The chart draws each line against Q4 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $228M | $137M | $90.8M | +66% |
| Net loss | $263M | $684M | −$421M | -62% |
| Costs & expenses | $491M | $829M | −$338M | -41% |
| Operating costs | $414M | $758M | −$344M | -45% |
| Interest & other, net | $75.0M | $71.6M | $3.4M | +5% |
| Income tax | $2.0M | −$8.0M | $10.0M | — |
| Cost of revenue | $46.0M | $33.3M | $12.7M | +38% |
| SG&A | $217M | $128M | $88.7M | +69% |
| Other operating costs | $144M | $596M | −$452M | -76% |
| Operating cash sources | $792M | $2.5B | −$1.7B | -68% |
| Depreciation & amortization | $148M | $112M | $35.9M | +32% |
| Share-based compensation | $106M | $42.9M | $63.1M | +147% |
| Working capital & other | $538M | $2.3B | −$1.8B | -77% |
| Net loss absorbed | $263M | $684M | −$421M | -62% |
| Operating cash flow | $529M | $1.8B | −$1.3B | -71% |
| Capital expenditures | $2.1B | $1.3B | $802M | +60% |
| Negative free cash flow (OCF − capex) | $1.6B | −$482M | $2.1B | — |
Questions
How much did Iren's revenue grow quarter over quarter in Q1 FY27?
Iren's revenue rose $90.8M (+66%) from $137M in Q4 FY26 to $228M in Q1 FY27.