{"schema_version":"secwatch.filing_event.v1","accession":"0001878848-26-000014","form_type":"8-K","ticker":"IREN","cik":"0001878848","company_name":"IREN Ltd","filed_at":"2026-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.653122+00:00","generated_at":"2026-05-16T04:32:59.396934+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"IREN reports Q2 FY26 revenue $184.7M, net loss $155.4M; secures $3.6B GPU financing for Microsoft contract","bullets":["Revenue $184.7M (down from $240.3M Q1); net loss $(155.4)M vs net income $384.6M in Q1.","Adj. EBITDA $75.3M (down from $91.7M Q1); EBITDA $(243.9M) impacted by unrealized losses and debt conversion expense.","Secured $3.6B GPU financing at <6% p.a. for Microsoft contract; together with $1.9B prepayment covers 95% of GPU capex.","New 1.6GW data center campus in Oklahoma; total secured grid-connected power >4.5GW.","Targeted 140k GPU expansion on track to deliver $3.4B ARR by end of CY26."],"urls":{"canonical":"https://secwatch.observer/filing/0001878848-26-000014","json":"https://secwatch.observer/filing/0001878848-26-000014.json","markdown":"https://secwatch.observer/filing/0001878848-26-000014.md","text":"https://secwatch.observer/filing/0001878848-26-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1878848/000187884826000014/0001878848-26-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1878848/000187884826000014/iren-20260205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:32:59.396934+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}