Iris Energy reported fiscal Q4 2026 revenue of $137.2 million, missing analyst estimates of roughly $140 million and marking a 26.8% decline from the prior quarter’s $144.8 million. AI cloud services brought in $70.5 million while Bitcoin mining generated $66.7 million, confirming AI’s growing dominance in the company’s revenue mix. For full fiscal year 2026, total revenue reached $707 million. The company posted a net loss of $702.6 million for the fiscal year, with approximately $638.8 million attributable to non-cash impairment charges tied to the decommissioning of Bitcoin mining hardware.
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