Operating Income for IREN (IREN)
According to IREN's latest reported financial statements, the company's current operating income (TTM) is -$193.22M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
IREN
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
-$193.22M
YoY change
-163.6%
5Y CAGR
N/A
Peak year (2025)
$17.33M
Cumulative operating income
-$169.15M
Operating Income history chart for IREN (IREN) from 2019 to 2025
Operating Income history table for IREN (IREN) from 2019 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $17.33M | -163.6% | +$44.56M | ||
| 2024 | -$27.23M | -82.7% | +$130.01M | ||
| 2023 | -$157.24M | -51318.6% | -$157.55M | ||
| 2022 | $307,000 | -158.6% | +$831,000 | ||
| 2021 | -$524,000 | -68.7% | +$1.15M | ||
| 2020 | -$1.68M | +1387.4% | -$1.56M | ||
| 2019 | -$112,679 | — | — |
Operating Income values are taken from IREN's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, IREN (IREN) operating income totalled $17.33M – plunged 163.6% year-over-year.
The highest annual operating income of $17.33M was reported in 2025. The lowest in the available history was -$157.24M in 2023.
IREN (IREN) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $24.60B.
IREN Operating Income by Year
IREN Operating Income 2025: $17.33M
IREN operating income in 2025 was $17.33M, plunged 163.6% below 2024. This figure represents the highest annual value in the available history.
IREN Operating Income 2024: -$27.23M
IREN operating income in 2024 was -$27.23M, plunged 82.7% below 2023.
IREN Operating Income 2023: -$157.24M
IREN operating income in 2023 was -$157.24M, plunged 51318.6% below 2022. This figure represents the lowest annual value in the available history.
IREN Operating Income 2022: $307,000
IREN operating income in 2022 was $307,000, plunged 158.6% below 2021.
IREN Operating Income 2021: -$524,000
IREN operating income in 2021 was -$524,000.
See more financial history for IREN (IREN).
Sector peers — Operating Income
Companies in the same sector as IREN, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway (BRK-B) | $58.88B | Financial Services |
| Bank of America (BAC) | $37.70B | Financial Services |
| Wells Fargo (WFC) | $25.20B | Financial Services |
| Visa (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| Goldman Sachs (GS) | $21.85B | Financial Services |
| Mastercard (MA) | $19.40B | Financial Services |
Frequently asked questions
What is IREN's operating income?
Latest reported operating income for IREN (IREN) is -$193.22M (period ending March 31, 2026).
How has IREN operating income changed year-over-year?
IREN (IREN) operating income changed -163.6% year-over-year on the latest annual filing.
When did IREN operating income hit its highest annual value?
IREN operating income reached its highest annual value of $17.33M in 2025.
What was IREN operating income in 2024?
IREN (IREN) operating income in 2024 was -$27.23M.
What was IREN operating income in 2025?
IREN (IREN) operating income in 2025 was $17.33M.
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