IREN releases Q4 financial report for fiscal year 2026, with revenue falling 8% after closing due to lower than expected results

Crypto mining company IREN announced its Q4 financial report for the 2026 fiscal year, with revenue of $137.2 million lower than expected at $157.14 million, and adjusted EBITDA of $19.2 million lower than expected by approximately 53%. The revenue from AI cloud services increased from $33.6 million to $70.5 million, while the revenue from Bitcoin mining decreased from $111.2 million to $66.7 million. IREN's stock price fell more than 8% after the market closed.