Filing Flows › Iren (IREN) › Q4 FY26
Iren (IREN) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Aug 27, 2026
Iren (IREN) reported revenue of $137M for the fourth quarter fiscal 2026 (Q4 FY26), -27% from a year earlier and -5% from the quarter before. Operating margin was -452.1%, net loss $684M (498.5% of revenue).
Iren, Q4 FY26: revenue $137M (-27% year over year), operating margin -452.1%, net loss $684M, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $137M | -5% | -27% |
| Operating profit | −$620M | — | -3568% |
| Net earnings | −$684M | — | -487% |
| Operating cash flow | $1.8B | 24× | 18× |
| Free cash flow | $482M | — | — |
What changed
Revenue was $137.2M in Q4 FY26, down 27% year over year and down 5% from the previous quarter.
Operating costs exceeded revenue by $620.4M, an operating margin of -452.1%. Total costs grew 347% against a revenue fall of 27%. The fastest-growing cost line was Other operating costs (+843%). The quarter ended with a net loss of $684.0M, wider than the previous quarter's $247.8M loss.
Operating cash flow was $1,811.1M (up 1656% year over year). Non-cash charges added back $112.1M of depreciation and amortization and $42.9M of share-based compensation. Working capital and other items added $2,340.1M. Capital expenditures of $1,328.8M left free cash flow of $482.2M.
Questions
What was Iren's revenue in the fourth quarter fiscal 2026?
Iren (IREN) reported revenue of $137M for the fourth quarter fiscal 2026 (Q4 FY26), -27% from a year earlier and -5% from the quarter before.
Was Iren profitable in the fourth quarter fiscal 2026?
Operating loss was $620M (-452.1% of revenue) and net loss $684M.
Source: Iren 10-K on SEC EDGAR.