GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IREN Ltd (NAS:IREN) » Definitions » Revenue

IREN (IREN) Revenue : $208.8 Mil (TTM As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is IREN Revenue?

IREN's revenue for the three months ended in Sep. 2024 was $54.4 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $208.8 Mil. IREN's Revenue per Share for the three months ended in Sep. 2024 was $0.29. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $1.66.

During the past 12 months, the average Revenue per Share Growth Rate of IREN was 5.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 138.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, IREN's highest 3-Year average Revenue per Share Growth Rate was 231.10% per year. The lowest was 138.80% per year. And the median was 184.95% per year.


IREN Revenue Historical Data

The historical data trend for IREN's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IREN Revenue Chart

IREN Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Revenue
2.17 7.90 59.04 75.51 188.76

IREN Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.40 42.05 53.95 58.36 54.39

Competitive Comparison of IREN's Revenue

For the Capital Markets subindustry, IREN's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IREN's Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IREN's Revenue distribution charts can be found below:

* The bar in red indicates where IREN's Revenue falls into.



IREN Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $208.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IREN  (NAS:IREN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


IREN Revenue Related Terms

Thank you for viewing the detailed overview of IREN's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


IREN Business Description

Traded in Other Exchanges
Address
44 Market Street, Level 12, Sydney, NSW, AUS, 2000
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.