$IREN (IREN) — 8-K: IREN Q4 FY26 revenue falls 43.8% YoY to $137M; net loss of $684M.
IREN
$43.64
-3.81%
What changed
Q4 FY26 revenue was $137M, down 43.8% YoY. Net loss was $684M. The loss was driven by $450.4M in non-cash impairments tied to decommissioning Bitcoin mining hardware as sites convert to AI Cloud.
Why it matters
Q4 FY26 revenue was $137M, down 43.8% YoY. Net loss was $684M. The loss was driven by $450.4M in non-cash impairments tied to decommissioning Bitcoin mining hardware as sites convert to AI Cloud.