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)
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Quote: “The operator posted a $702.6 million net loss, including impairments primarily linked to mining hardware”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
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”