FY26 net loss
Company: IREN
The claim, verbatim
Posted a $702.6 million net loss in FY26, including impairments primarily linked to mining hardware
Source (primary)
Northland starts IREN at Outperform with $99 target, implying 128% upside - t.co (-, news_article)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “The operator posted a $702.6 million net loss, including impairments primarily linked to mining hardware”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The article states that IREN's FY26 results included a $702.6 million net loss, with impairments primarily linked to mining hardware, matching every part of the claim.
Confirmed in the source:
- IREN posted a $702.6 million net loss for FY26
- The FY26 net loss included impairments primarily linked to mining hardware
What we did: Read our cached copy of the publisher (https://t.co/I12mT3FX2r) in full (8,772 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Northland starts IREN at Outperform with $99 target, implying 128% upside - t.co
Quote: “The operator posted a $702.6 million net loss, including impairments primarily linked to mining hardware”