Iris Energy Ltd
NASDAQ:IREN
Income Statement
Earnings Waterfall
Iris Energy Ltd
Income Statement
Iris Energy Ltd
| Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Interest Expense |
30
|
32
|
35
|
20
|
15
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
31
N/A
|
45
+48%
|
59
+31%
|
65
+10%
|
58
-10%
|
55
-6%
|
76
+37%
|
88
+17%
|
131
+49%
|
187
+43%
|
209
+12%
|
286
+37%
|
380
+33%
|
501
+32%
|
687
+37%
|
752
+9%
|
|
| Gross Profit | |||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
(39)
|
0
|
0
|
(87)
|
0
|
0
|
0
|
(159)
|
(81)
|
(146)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
36
N/A
|
0
N/A
|
0
N/A
|
100
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
342
N/A
|
160
-53%
|
279
+75%
|
|
| Operating Income | |||||||||||||||||
| Operating Expenses |
(22)
|
(35)
|
(57)
|
(78)
|
(110)
|
(118)
|
(82)
|
(90)
|
(116)
|
(127)
|
(262)
|
(321)
|
(393)
|
(316)
|
(597)
|
(712)
|
|
| Selling, General & Administrative |
(17)
|
(28)
|
(40)
|
(48)
|
(53)
|
(56)
|
(49)
|
(46)
|
(67)
|
(70)
|
(165)
|
(188)
|
(216)
|
(136)
|
(222)
|
(269)
|
|
| Depreciation & Amortization |
(2)
|
(4)
|
(8)
|
(14)
|
(25)
|
(28)
|
(31)
|
(19)
|
(23)
|
(50)
|
(77)
|
(106)
|
(144)
|
(181)
|
(232)
|
(295)
|
|
| Other Operating Expenses |
(3)
|
(3)
|
(10)
|
(16)
|
(33)
|
(35)
|
(2)
|
(24)
|
(26)
|
(7)
|
(20)
|
(26)
|
(33)
|
2
|
(142)
|
(147)
|
|
| Operating Income |
9
N/A
|
10
+16%
|
2
-79%
|
(13)
N/A
|
(52)
-287%
|
(63)
-22%
|
(45)
+28%
|
(2)
+96%
|
15
N/A
|
(27)
N/A
|
(54)
-96%
|
(35)
+35%
|
(14)
+60%
|
27
N/A
|
10
-63%
|
(106)
N/A
|
|
| Pre-Tax Income | |||||||||||||||||
| Interest Income Expense |
(421)
|
(428)
|
(417)
|
75
|
(10)
|
(0)
|
(15)
|
1
|
4
|
2
|
(5)
|
3
|
(2)
|
68
|
717
|
623
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
(2)
|
0
|
(95)
|
(90)
|
(109)
|
(15)
|
(20)
|
0
|
(13)
|
(11)
|
(10)
|
(0)
|
(6)
|
(37)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(118)
|
|
| Pre-Tax Income |
(413)
N/A
|
(418)
-1%
|
(417)
+0%
|
61
N/A
|
(156)
N/A
|
(153)
+2%
|
(169)
-10%
|
(16)
+91%
|
(1)
+94%
|
(25)
-2 389%
|
(71)
-181%
|
(43)
+39%
|
(26)
+40%
|
94
N/A
|
719
+669%
|
359
-50%
|
|
| Net Income | |||||||||||||||||
| Tax Provision |
(6)
|
(3)
|
(3)
|
(2)
|
2
|
(2)
|
(2)
|
1
|
(2)
|
(3)
|
(4)
|
(8)
|
(10)
|
(7)
|
(196)
|
(10)
|
|
| Income from Continuing Operations |
(419)
|
(421)
|
(420)
|
59
|
(155)
|
(155)
|
(172)
|
(15)
|
(3)
|
(29)
|
(75)
|
(51)
|
(36)
|
87
|
523
|
349
|
|
| Net Income (Common) |
(419)
N/A
|
(421)
-1%
|
(420)
+0%
|
59
N/A
|
(155)
N/A
|
(155)
0%
|
(172)
-11%
|
(15)
+91%
|
(3)
+77%
|
(29)
-733%
|
(75)
-161%
|
(51)
+32%
|
(36)
+30%
|
87
N/A
|
523
+502%
|
349
-33%
|
|
| EPS (Diluted) |
-11.32
N/A
|
-7.95
+30%
|
-10.25
-29%
|
1.11
N/A
|
-2.92
N/A
|
-2.9
+1%
|
-3.14
-8%
|
-0.2
+94%
|
-0.02
+90%
|
-0.29
-1 350%
|
-0.39
-34%
|
-0.23
+41%
|
-0.15
+35%
|
0.39
N/A
|
1.44
+269%
|
1.17
-19%
|
|