IREN Reports $707m Revenue, $702.6m Net Loss in FY26

IREN reported its FY26 results for the year ended June 30, 2026, showing total revenue of $707.0 million and a net loss of $702.6 million.

The company disclosed AI Cloud Services revenue of $128.8 million and Bitcoin Mining revenue of $578.2 million, with Adjusted EBITDA at $245.7 million for FY26.

IREN highlighted operational progress on liquid-cooled deployments, including the Horizon 1 deployment to Microsoft, which was delivered in July 2026.