Iris Energy Limited · Q3 2025
ReportedNov 19, 2025
Period endedSep 30, 2025
Rule of 40+298
The quarter in short
Revenue $240M, up 355.5% year over year and 28.3% on the quarter. EPS $1.08, up 63.6% on the quarter. Free cash flow −$138M, up 64.3% year over year and 45.9% on the quarter. Rule of 40 score +298.
Reported this quarter
Revenue
$240M
QoQ +28.3%
YoY +355.5%
EPS
$1.08
QoQ +63.6%
YoY —
Free Cash Flow
−$138M
QoQ +45.9%
YoY +64.3%
Gross Margin
66.4%
QoQ −5.3 pp
YoY +26.8 pp
FCF Margin
-57.5%
QoQ +78.8 pp
YoY +676.5 pp
P/E Ratio
29.9
QoQ −20.0%
YoY —
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Earnings press release
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Filed with the SEC under CIK 1878848.
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10-Q quarterly report
Period ended Sep 30, 2025, filed Nov 6, 2025
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