IREN Gains First Full-Year Profit with AI Cloud & Mining

IREN Delivers First Full-Year Profit

IREN has officially reported its first full-year profit, marking a milestone in its corporate journey. The company’s success is driven by strong performance in AI cloud services and Bitcoin mining operations. This achievement has pushed its stock higher, reflecting growing investor confidence.

Growth Engines: AI Cloud and Bitcoin Mining

Bitcoin mining continues to provide stable revenue with solid hardware margins. At the same time, the AI Cloud division demonstrates exceptional efficiency with near-maximum profit margins, showcasing the sustainability of IREN’s dual-growth model.

Expanding Infrastructure Capacity

Source: tradingview.com

The company is accelerating its technology buildout with more than 2,400 NVIDIA GPUs and the development of next-generation data centers. Horizon 1, a 50 MW liquid-cooled facility, is on track for completion in Q4 2025, while Sweetwater 1 with a massive 1,400 MW capacity is set to become one of the largest AI hubs in the region. In parallel, IREN is working toward achieving a mining capacity of 50 EH/s in the second half of 2025.

Strong Financial Results

In its most recent quarter, IREN posted record revenues alongside robust profit after tax growth. Remarkably, the company achieved these results while pausing mining expansion to prioritize AI Cloud, underlining the effectiveness of its dual-sector strategy.

Future Outlook

With momentum from both AI and cryptocurrency mining, IREN is expected to sustain strong revenue growth in the coming quarters. Analysts forecast sales could double or even triple, while the stock continues to maintain an upward trajectory.

Disclaimer: This article is intended solely to provide information and market insights at the time of publication. We make no promises or guarantees regarding performance, returns, or the absolute accuracy of the data. All investment decisions are the sole responsibility of the reader.