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Feb 5, 2026 4:40 PM

IREN Stock Sinks After Q2 Earnings: Here's Why

IREN Limited (NASDAQ:IREN) shares dropped in Thursday's extended trading after the company released its second-quarter earnings report, missing analyst estimates on the top and bottom lines.

Here's a look at the key figures from the quarter. 

IREN stock is moving. Watch the price action here.

The Details: IREN reported quarterly losses of 52 cents per share, which missed the consensus estimate for losses of 14 cents, according to Benzinga Pro.

Quarterly sales of $184.69 million, which ...