NASDAQ$IREN

Iris Energy Ltd · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

IREN Q4 2024 — AUD 184.1M revenue, 24.00 EPS

If we are not able to remediate these material weaknesses in our internal controls over financial reporting, we may not be able to accurately report our financial results in a timely manner, which may. Iris Energy Ltd reported Q4 2024 results. Diluted EPS came in at 24.00. Net income of AUD 30.0M. Headline numbers extracted from the Form 20-F/A press release; narrative is light because this row was processed without an LLM call.

  • Revenue: AUD 184.1M.
  • Diluted EPS: 24.00.
  • Net income: AUD 30.0M.

Headline financials

Total Revenue

$56.8M

Previous: $34.2M+66.0%
EPS (adj)

-$0.06

Previous: -$0.12+51.0%
Capital Expenditures

$41.1M

No prior period
Net Income

-$27.1M

Previous: -$6.92M-290.9%
Operating Income

-$22.2M

Previous: -$9.64M-130.2%
Gross Profit

-$13.8M

Previous: $27.5M-150.2%

Revenue & EPS history

IREN Ltd · Revenue · Quarterly

$56.8M

Q4 2024+66%vs Q4 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 Q4 2024

Historical avgQ4 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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