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IREN (IREN)
NASDAQ:IREN
Earnings Data
Report Date
Feb 18, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call revealed strong financial performance and strategic growth initiatives, particularly highlighted by the significant AI cloud contract with Microsoft. Despite some increases in operating expenses and costs associated with design enhancements, the positive developments, especially in revenue growth and AI cloud services expansion, paint an optimistic outlook for IREN.Company Guidance
Record-Breaking Revenue Growth
Q1 FY '26 marked the fifth consecutive quarter of record revenues, with total revenue reaching $240 million, up 28% quarter-over-quarter and 355% year-over-year.
Major AI Cloud Contract with Microsoft
IREN announced a $9.7 billion AI cloud contract with Microsoft, expected to generate approximately $1.94 billion in annual recurring revenue with an 85% project EBITDA margin.
GPU Fleet and Infrastructure Expansion
The company plans to scale its GPU fleet from 23,000 to 140,000 GPUs by the end of 2026, supporting $3.4 billion in annualized run rate revenue. This expansion leverages just 16% of IREN's secured power capacity.
Strong Financial Performance
Adjusted EBITDA was $92 million, reflecting continued margin strength despite higher payroll tax expenses.
Strategic Positioning in AI Cloud Services
The vertically integrated model positions IREN as a partner of choice for hyperscalers, with a focus on scalability and cost efficiency.
IREN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IREN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 06, 2025 | $66.96 | $62.38 | -6.84% |
Aug 28, 2025 | $23.04 | $26.48 | +14.93% |
May 14, 2025 | $7.97 | $7.75 | -2.76% |
Feb 12, 2025 | $13.01 | $13.08 | +0.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does IREN (IREN) report earnings?
IREN (IREN) is schdueled to report earning on Feb 18, 2026, After Close (Confirmed).
What is IREN (IREN) earnings time?
IREN (IREN) earnings time is at Feb 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IREN EPS forecast?
IREN EPS forecast for the fiscal quarter 2026 (Q2) is -0.04.
