NASDAQ$IREN

Iris Energy Ltd · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

IREN Q3 2024 — extraction skipped

Iris Energy Ltd filed Form 6-K (accession 0001140361-24-029066) for Q3 2024, but headline financial numerics could not be extracted automatically: no headline numerics found by parser nor by Financial Datasets fallback. The row is marked as AI-processed so the queue advances; numerics will be filled by Financial Datasets on its next pass.

  • Form 6-K filed; press release body not parseable here.
  • Reason: no headline numerics found by parser nor by Financial Datasets fallback.
  • Numerics rely on the Financial Datasets fallback.

Headline financials

Total Revenue

$54M

Previous: $11.3M+376.3%
EPS (adj)

$0.08

Previous: -$0.05+254.0%
Capital Expenditures

-$120M

No prior period
Free Cash Flow

-$93.1M

No prior period
Net Income

$8.64M

Previous: -$3.05M+382.9%
Operating Income

$6.62M

Previous: -$5.22M+226.8%
Gross Profit

$13.2M

Previous: $8.86M+48.8%

Revenue & EPS history

IREN Ltd · Revenue · Quarterly

$54M

Q3 2024+376.3%vs Q3 2023
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Revenue by segment

IREN Ltd · $145M total across 2 segments · Q3 2026

  • Bitcoin mining
    $111M
  • AI Cloud Services
    $33.6M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+10.4%

Avg return

Earnings day

+2.9%

Avg return

5 days after

-0.8%

Avg return

30 days after

69%

11 / 16 earnings

Positive

+62.1%

Q1 2023

Best reaction

-18.0%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+5.5%-4.9%-3.8%
Q2 2026+5.1%+7.2%-7.8%
Q1 2026-6.8%-16.8%-33.2%
Q3 2025-3.1%+8.0%+23.3%
Q1 2025+19.1%+2.8%-22.4%
Q2 2025+0.5%-6.9%-22.5%
Q4 2024+8.4%+0.6%+12.6%
Q3 2024+19.7%+30.6%+171.5%
Q2 2024-18.0%-17.2%-44.6%
Q3 2023+13.9%+8.2%-30.9%
Q4 2023+13.9%+8.2%-30.9%
Q1 2023+62.1%+9.2%-2.0%
Q2 2023+62.1%+46.5%+16.4%
Q4 2022-4.1%+8.4%-21.8%
Q3 2022-14.1%-36.2%-37.2%
Q2 2022+2.6%-1.8%+20.7%
Q1 2022
Q4 2021
Q3 2021
Q2 2021
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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