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IREN (IREN) Cash Flow Waterfall

Trace IREN's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

TTM

Operating CF

$533.31M

Capex

−$1.22B

Free Cash Flow

−$689.54M

FCF Margin

-129.3%

Cash flow waterfall for IREN (IREN) — TTM through Q1 2026

Free cash flow: −$689.54M

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for IREN (IREN) — TTM through Q1 2026

  • Operating Cash Flow$533.31M
  • Capital Expenditure−$1.22B
  • Free Cash Flow−$689.54M
  • Acquisitions$16.74M
  • Other Investing−$1.44B
  • Net Debt Change$287.84M
  • Other Financing$4.13B
  • Forex Effect−$19.31M
  • Net Cash Increase$2.29B
Want to see what drove the FCF change?Free Cash Flow Bridge

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