$IREN Earnings Surprise & Compute Engine Q-Actual Breakdown

Reported Revenue
$137.0M
+$2.0M (+1.48%) vs $135.0M Est
Reported EPS (GAAP)
-$0.61
+$1.43 (+70.10% Beat) vs -$2.04 Est
Annualized Run-Rate
$548.0M
Based on $137.0M baseline
Implied Gross Margin
54.2%
AI HPC + Mining blended
Earnings Surprise & Bridge Breakdown ($ Millions)
Key Driver: $IREN outperformed consensus by $2.00M in revenue and $1.43/share on EPS, driven by rapid high-performance AI cloud compute deployment and operational efficiency gains against power contracts.
Operational Segment Breakdown
Operating Segment Capacity / Metric Revenue ($M) Op Margin Net Contribution
Compute Levers & Sensitivity
AI HPC Capacity 810 MW
Bitcoin Hashrate 31.0 EH/s
Blended Power Cost $0.034 / kWh
AI Cloud Hosting Rate $2.10 / GPU-hr
Model Output Projection
Modeled Qtr Revenue: $137.0M
Modeled Qtr OpEx: $62.7M
Modeled Net Income: -$109.8M
Projected EPS: -$0.61
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