Will GPU Expansion & Data Center Growth Boost IREN's Q2 Earnings? [Yahoo! Finance]
Iris Energy Limited (IREN)
Company Research
Source: Yahoo! Finance
These initiatives, supported by strong customer demand and improving capacity utilization, are expected to enhance revenue visibility and operational scale, positioning the company for stronger earnings performance in the quarter under review. Click here to know how IREN Limited's overall fiscal second-quarter results are likely to be. IREN Limited's AI Cloud Services revenues are likely to have driven strong performance in the second quarter of fiscal 2026, supported by a clear execution roadmap and strong infrastructure readiness. The company aims to increase its GPU capacity from nearly 23,000 units to about 140,000 GPUs by the end of 2026, utilizing only around 460MW, or roughly 16%, of its nearly 3GW secured power portfolio. Its British Columbia locations, including Prince George, Mackenzie and Canal Flats, are transitioning from ASIC mining to GPU operations and can collectively support over 60,000 GPUs, enabling rapid and capital-efficient scaling. This initiative is expect
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IREN
News
- IREN Earnings: Caught In The Eye Of The AI Storm [Seeking Alpha]Seeking Alpha
- IREN Reports Q2 FY26 ResultsGlobeNewswire
- IREN Limited (IREN): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- IREN Has Become A Buy Ahead Of Earnings (Preview) [Seeking Alpha]Seeking Alpha
- IREN Limited Gears Up for Q2 Earnings: What Lies Ahead for the Stock? [Yahoo! Finance]Yahoo! Finance
IREN
Sec Filings
- 2/5/26 - Form 10-Q
- 2/5/26 - Form 8-K
- 2/2/26 - Form SCHEDULE
- IREN's page on the SEC website