Every 10-Q that IREN Ltd (IREN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IREN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IREN filings page.
IREN Limited reported flat quarterly revenue of $144.8M for the three months ended March 31, 2026, as Bitcoin mining revenue fell to $111.2M while AI Cloud Services revenue surged to $33.6M from $3.6M a year earlier. Heavy depreciation and a $140.4M impairment on mining and data center equipment drove an operating loss of $233.5M and a net loss of $247.8M for the quarter.
For the nine months, revenue grew to $569.8M and net loss narrowed to $18.6M, helped by a large unrealized gain of $533.9M on financial instruments. Cash and cash equivalents rose to $2.21B, funded by significant equity issuances and new convertible notes totaling $3.69B outstanding. Property, plant and equipment increased to $4.37B, reflecting major GPU and data center build-out. IREN also signed a strategic AI GPU services agreement with Microsoft with total contract value of about $9.7B over five years and reported remaining performance obligations of $710.3M, underscoring its shift toward large-scale AI cloud infrastructure.
IREN Limited reports strong growth and a major strategic shift in its quarter ended December 31, 2025. Quarterly revenue rose to $184.7 million from $116.1 million, driven mainly by Bitcoin mining and rapidly expanding AI Cloud Services revenue of $17.3 million versus $2.7 million a year earlier.
Despite this, IREN posted a quarterly net loss of $155.4 million, compared with a $21.9 million loss last year, reflecting higher operating costs, large non‑cash items, and $31.8 million of asset impairments. For the six months, however, it generated net income of $229.2 million versus a $73.6 million loss, helped by a $557.6 million unrealized gain on financial instruments and earlier profitability.
The company is investing heavily in data centers and GPUs. Cash and cash equivalents jumped to $3.26 billion from $564.5 million at June 30, 2025, while property, plant and equipment increased to $3.17 billion. Convertible notes payable climbed to $3.69 billion, reflecting several large zero‑ or low‑coupon issuances.
IREN is pivoting toward high‑performance computing. AI Cloud Services revenue is backed by a new Microsoft agreement with approximately $9.7 billion total contract value for dedicated GPU services over about five years. Remaining performance obligations reached $289.4 million, and new connection‑rights intangibles and Oklahoma development support future capacity.
IREN Limited reported sharply improved quarterly results for the period ended September 30, 2025. Total revenue rose to $240.3 million from $52.8 million a year ago, led by Bitcoin mining revenue of $232.9 million and AI Cloud Services revenue of $7.3 million. Net income reached $384.6 million versus a prior-year loss, with diluted EPS of $1.08.
Results included a substantial $665.0 million unrealized gain on financial instruments tied to prepaid forward and capped call positions. Operating costs increased, including $138.4 million in SG&A and $85.2 million of depreciation and amortization, plus a $16.3 million impairment mainly on miner hardware. Cash and cash equivalents ended at $1.03 billion, supported by at-the-market share sales that raised gross proceeds of approximately $1.0 billion fiscal‑to‑date. The company disclosed $195.0 million in remaining performance obligations and $1.08 billion of commitments payable within 12 months. Shares outstanding were 283,465,490 as of October 31, 2025.