IREN Ltd (IREN) — the earnings record

As of the 2026-08-28 card — updated after each print. An investment research diary, not advice.

The record at a glance

4/11EPS beats

4/11revenue beats

5 · 2 · 4up · flat · down (+3d, ±3%)

2026-12-01next print

Reactions across the covered prints span -21.1% to +32.0% — the beat column and the reaction column frequently disagree, which is the whole reason the record scores them separately. The street carries est revenue ~$0.29B into the next print.

Print by print

Print	Date	EPS	Revenue
Aug 26	2026-08-27	✗ miss	✓ beat
May 26	2026-05-07	✗ miss	✗ miss
Feb 26	2026-02-05	✗ miss	✗ miss
Nov 25	2025-11-06	✓ beat	✗ miss
Aug 25	2025-08-28	✓ beat	✗ miss
May 25	2025-05-14	✗ miss	✗ miss
Feb 25	2025-02-12	✓ beat	✓ beat
Nov 24	2024-11-26	✗ miss	✗ miss
Aug 24	2024-08-29	✗ miss	✗ miss
May 24	2024-05-15	✓ beat	✓ beat
Feb 24	2024-02-15	✗ miss	✓ beat

The per-print reaction chart, the load-bearing metric and the behavior read live on the full IREN print-record card — free registration.

FAQ · from the current data · as of 2026-08-28

Quick answers

How often does IREN Ltd beat earnings estimates?

Across the last 11 covered prints (as of the 2026-08-28 card), IREN Ltd beat EPS estimates 4 of 11 times and revenue estimates 4 of 11 times, with 2 double beats.

How does IREN stock react to earnings?

Measured close-of-print-day to the close three sessions later: 5 of the last 11 prints resolved up (beyond +3%), 2 flat, 4 down — reactions spanning -21.1% to +32.0%. Beat-or-miss and reaction are scored separately because they frequently disagree.

What was IREN's biggest earnings reaction?

+32% over the three sessions after the Nov 24 print (2024-11-26).

When does IREN Ltd report earnings next?

2026-12-01 (Window closed 1 September: −9.2% — the buildout premium was marked down. Next print early December — est EPS −$0.37 · est revenue ~$0.29B). The full print-record card — reaction chart, the load-bearing metric and the behavior read — updates after each print; registration is free. An investment research diary, not advice.

Mentioned on Closelook

Where IREN appears in the diary — 14 pieces, newest first. Every link is our own writing.

Long reads

Situational Awareness — Crushed While CorrectReport · 2 Aug 2026Major additions: Intel option/reference exposure, Broadcom, Onto Innovation, EQT, CoreWeave, Core Scientific, Applied Digital, IREN.
Portfolio Construction — Build a Barbell · Closelook Heresy IIIHeresy · 16 May 2026Live cohort as of May 2026: COHR · CRWV · GLW · INTC · IREN · LITE · MRVL · NBIS · NOK · SNPS.
Pattern 03 — NVIDIA Strategic Authority InvestmentReport · 12 May 2026Tier 2 typically appears bundled inside Tier 1 events: Lumentum's capacity-access rights, Coherent's purchase commitments, and IREN's 5 GW deployment partnership all rode in on the same 8-Ks as the equity investments.
Nvidia’s Equity Stakes — Follow the Wise Men, Pattern 03 PreviewWeekly Signal · 10 May 2026NVIDIA's capital deployments since September 2025 cluster in a very specific subset of these sectors: LITE, COHR, MRVL silicon photonics → High-Speed Interconnects (+462%) GLW → Advanced Materials (+212%) and High-Speed…

Dailies

Great numbers, falling stocks — the market has stopped rewarding even record earningsMorning 10 · 2 Sept 2026Marvell, Autodesk and IREN fell too; only Elastic was rewarded, and Workday finished a dollar short.
Software and semis sell off together at midday — the green sits outside techMidday 10 · 1 Sept 2026On top of the prints, the six windows from last Thursday — Rubrik, Marvell, IREN, Autodesk, Elastic, Workday — are scored at this very close.
The Yield March Breaks Three Decades of LinesDaily Pulse · 1 Sept 2026Tonight's close scores six earnings windows — Rubrik, Marvell, IREN, Autodesk, Elastic, Workday — and MongoDB and GitLab print after the bell.
Verdict day two: six earnings windows close as MongoDB and GitLab printMorning 10 · 1 Sept 2026Rubrik, Marvell, Autodesk, Elastic, IREN and Workday get scored at tonight's close from last Thursday's prints, while MongoDB and GitLab open new cards after the bell and September's minus-five-percent frame begins scoring.
Daylight doubles the punishments — Rubrik −11%, IREN −12%, Marvell −9% extend their overnight sells while the old-guard Mag 7 catches the bid.Midday 10 · 28 Aug 2026IREN is the day's hardest hit at 35.56, down 12.3%, the revenue miss outweighing $4 billion of contracted ARR and the Microsoft Horizon 1 acceptance.
The bar moves overnight: three beat-and-raise prints get sold after hours.Morning 10 · 28 Aug 2026IREN's Smaller-Than-Feared Loss and $4B Contracted ARR Still Sold −8.4%
Daylight pays the five-print evening at scale — Salesforce +20%, Okta +27%, CrowdStrike +18%, Nvidia +7.6% — while ten of eleven sectors trade red and technology alone carries the index.Midday 10 · 27 Aug 2026Five more prints land tonight: Rubrik — a print-record card with zero flat reactions in its history — alongside Workday, which trades +3.25% to 196.94 into its own report, Autodesk, Elastic and IREN.
In-line core PCE leaves both bond lines standing as the tape flattens into a five-print evening — Nvidia the refereeMidday 10 · 26 Aug 2026IREN and Duolingo take the sharpest cuts