IREN Limited (IREN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 60.55M | 71.65M | 142.35M | 258.76M | -48.01M | -59.8M | -3.92M | 133.72M | -102.75M | 17.37M | 10.62M | -71.38M | 5.26M | -3.13M | -3.13M | 8.42M | 4.34M | 4.56M | 4.91M | -421.67K |
| Operating CF Margin % | 60.18% | 59.1% | 59.24% | 138.16% | -32.42% | -50.73% | -7.2% | 239.34% | -189.06% | 40.8% | 30.88% | -208.62% | 46.48% | -22.77% | -20.9% | 51.94% | 28.66% | 22.64% | 47.05% | -13.52% |
| Operating CF Growth % | 226.11% | 219.81% | 3736.09% | 93.5% | 53.27% | -444.27% | -136.85% | 287.34% | -2051.59% | 654.72% | 439.23% | -947.74% | 21.27% | -168.65% | -163.8% | 2096.83% | - | 12173.82% | - | - |
| Net Income | -172.19M | -384.61M | 384.61M | 113.36M | 0 | 0 | -51.7M | -27.03M | 8.64M | -5.23M | -5.26M | -6.92M | -3.05M | -143.95M | -80.95M | -17.73M | -2.59M | 71.96M | -498.56M | 0 |
| Depreciation & Amortization | 84.22M | -85.23M | 85.23M | 40.88M | 0 | 0 | 33.93M | 26.6M | 8.69M | 7.56M | 7.59M | 7.77M | 5.13M | 9.5M | 9.5M | 3.78M | 2.21M | 1.25M | 723.54K | 0 |
| Stock-Based Compensation | 0 | -72.41M | 72.41M | 0 | 0 | 0 | 0 | -17.62M | 5.82M | 5.97M | 5.9M | 4.08M | 3.5M | 3.15M | 3.38M | 4.07M | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 145.13M | 853.43M | -639.43M | 104.51M | -48.01M | -59.8M | 21.62M | 154.4M | -125.9M | 9.08M | 2.4M | -89.86M | -311K | 128.17M | 64.93M | 18.48M | 4.72M | -68.65M | 502.75M | -421.67K |
| Working Capital Changes | 3.4M | -239.54M | 239.54M | 0 | 0 | 0 | -7.77M | -2.62M | 0 | 0 | 0 | 13.55M | 0 | 0 | 0 | -181K | 0 | 0 | 0 | 0 |
| Change in Receivables | -47.8M | 10.51M | -10.51M | 0 | 0 | 0 | -11.12M | -5.59M | 0 | 0 | 0 | 17.64M | 0 | 0 | 0 | -72K | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 10.7M | -3.49M | 3.49M | 0 | 0 | 0 | 45.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -1.07B | -850.95M | -280.88M | -441.49M | -301.64M | -66.81M | -387.14M | -439.88M | 15.67M | -56.44M | -37.13M | 76.26M | -18.59M | -25.36M | -25.36M | -76.48M | -139.72M | -48.11M | -66.2M | -17.9M |
| Capital Expenditures | -984.33M | 280.61M | -280.61M | -242.65M | -443.8M | -187.56M | -383.39M | -296.61M | -119.29M | -46.2M | -32.01M | -22.44M | -28.96M | -32.33M | -32.33M | -72.38M | -214.57M | -10.73M | -7.95M | -20.15M |
| CapEx % of Revenue | 978.31% | 231.45% | 116.78% | 129.56% | 299.67% | 159.09% | 704.89% | 530.87% | 219.48% | 108.51% | 93.05% | 65.6% | 255.71% | 235.03% | 215.76% | 446.51% | 1416.68% | 53.27% | 76.17% | 646.26% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 131.5M | 0 | 995.8M | 333.72M | 46.42M | 84.32M | 0 | 6.53M | 3.42M | 1.28M | 137.79M | 0 | 0 | 0 | 219.94M | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -101.42M | -1.13B | -266K | -199.73M | 142.16M | 120.75M | -4.26M | -143.27M | 134.95M | -10.24M | -5.12M | 98.7M | 10.37M | 6.97M | 6.97M | -4.1M | 74.81M | -37.38M | -58.25M | 2.26M |
| Cash from Financing | 385.56M | 3.01B | 606.14M | 422.66M | 107M | 456.89M | 84.67M | 451.86M | 256.65M | 65.11M | 37.06M | 31.48M | 6.71M | -4.98M | -4.98M | 32.78M | 35.28M | 213.85M | 107.54M | 10M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 346.28M | 1.63B | 606.46M | -211.07M | 107.61M | 147.75M | 84.77M | 454.99M | 257.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.25M | 216.73M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 1.38B | 0 | 385.18M | -480K | -2.38M | 0 | -3.04M | -155K | 65.17M | 37.06M | 31.23M | 6.85M | -4.98M | -4.98M | 21.28M | 43.84M | -2.11M | 107.9M | -2.08M |
| Net Change in Cash | -658.43M | 2.23B | 467.74M | 255.1M | -242.94M | 328.68M | -306.01M | 144.91M | 169.39M | 26.14M | 10.71M | 35.74M | -7.51M | -117.55M | -4.87M | -47.69M | -97.45M | 170.03M | 85.64M | -9.01M |
| Free Cash Flow | -919.65M | 352.26M | -138.26M | 16.1M | -491.82M | -247.37M | -387.3M | -162.88M | -222.04M | -28.83M | -21.38M | -93.82M | -23.7M | -35.46M | -35.46M | -63.96M | -210.23M | -6.17M | -3.04M | -20.57M |
| FCF Margin % | -914.02% | 290.54% | -57.54% | 8.6% | -332.09% | -209.82% | -712.09% | -291.53% | -408.54% | -67.71% | -62.17% | -274.22% | -209.23% | -257.79% | -236.66% | -394.57% | -1388.02% | -30.63% | -29.12% | -659.78% |
| FCF Growth % | -86.99% | 242.41% | 64.3% | 109.89% | -121.5% | -758.1% | -1711.14% | -73.6% | -836.91% | 18.7% | 39.69% | -46.69% | 88.73% | -474.63% | -1067.15% | -210.86% | - | 29.5% | - | - |
| FCF per Share | -4.07 | 1.56 | -0.61 | 0.07 | -2.15 | -1.12 | -2.05 | -1.06 | -1.98 | -0.40 | -0.31 | -1.66 | -0.44 | -0.67 | -0.67 | -1.21 | -3.96 | -0.12 | -0.05 | -0.36 |
| FCF Conversion (FCF/Net Income) | -0.35x | -0.70x | 0.37x | 2.71x | -1.98x | -3.17x | 0.08x | -4.95x | -11.90x | -3.32x | -2.00x | 10.31x | -1.72x | 0.02x | 0.04x | -0.47x | -1.62x | 0.06x | -0.01x | 0.01x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83K | 82K | 48K | 0 | 1.15M | 0 | 2.07M | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |