IREN
IREN Limited
$55.34
+0.19
(+0.34%)
Mkt Cap
19.68B
Volume
20,227,141
52W Range
7.35-76.87
Sector
Financial Services
Beta
4.18
EPS (TTM)
0.04
P/E Ratio
1378.75
Revenue (TTM)
649.45M
Rev Growth (5Y)
+196.9%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
$19.64
Overvalued · Strong
180.8% above fair value
AlphaQuality · Grade
D+
Banks, Insurers & Asset Managers
43.2 / 100 composite
Company Description
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 501.02M | 187.19M | 75.51M | 59.04M | 7.90M | 2.17M | 1,053 |
| Net Income | 86.94M | (28.92M) | (171.83M) | (419.77M) | (60.39M) | (2.14M) | (161,120) |
| EPS | 0.41 | -0.29 | -3.14 | -10.25 | -1.14 | -0.04 | -0.01 |
| Free Cash Flow | (1.13B) | (427.19M) | (110.02M) | (272.69M) | (4.13M) | (5.32M) | (2.53M) |
| FCF / Share | -5.25 | -4.29 | -2.01 | -6.66 | -0.08 | -0.10 | -0.16 |
| Operating CF | 245.89M | 52.22M | 5.73M | 21.56M | 1.31M | (987,000) | (434,919) |
| Total Assets | 2.94B | 1.15B | 332.07M | 392.28M | 100.95M | 11.57M | 1.86M |
| Total Debt | 964.23M | 1.32M | 1.45M | 108.29M | 62.93M | 1.36M | 32,294 |
| Cash & Equiv | 564.53M | 404.60M | 68.89M | 75.62M | 29.27M | 1.96M | 84,948 |
| Book Value | 1.82B | 1.10B | 305.36M | 437.36M | (37.13M) | 6.11M | 1.75M |
| Return on Equity | 0.05 | -0.03 | -0.56 | -0.96 | N/A | -0.35 | -0.09 |
| Metric | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100.62M | 121.24M | 240.29M | 187.29M | 148.10M | 117.89M | 54.39M | 55.87M | 54.35M | 42.57M | 34.40M | 34.22M |
| Net Income | (172.21M) | (102.02M) | 384.61M | 95.55M | 24.23M | 18.88M | (51.71M) | (27.03M) | 8.64M | (5.23M) | (5.30M) | (6.92M) |
| EPS | -1.30 | -0.52 | 1.42 | 0.44 | 0.11 | 0.09 | -0.27 | -0.18 | 0.08 | -0.07 | -0.08 | -0.12 |
| Free Cash Flow | (919.65M) | 352.26M | (138.26M) | 16.10M | (491.82M) | (247.37M) | (387.30M) | (162.88M) | (222.04M) | (28.83M) | (21.38M) | (93.82M) |
| FCF / Share | -4.25 | 1.63 | -0.64 | 0.07 | -2.25 | -1.18 | -2.05 | -1.06 | -2.12 | -0.40 | -0.31 | -1.66 |
| Operating CF | 60.55M | 71.65M | 142.35M | 258.76M | (48.01M) | (59.80M) | (3.92M) | 133.72M | (102.75M) | 17.37M | 10.62M | (71.38M) |
| Total Assets | 4.98B | 7.03B | 4.27B | 2.94B | 1.99B | 1.85B | 1.28B | 1.15B | 723.60M | 417.17M | 0 | 332.07M |
| Total Debt | 2.72B | 3.84B | 965.63M | 964.23M | 324.07M | 319.91M | 2.60M | 1.32M | 1.72M | 1.36M | 0 | 1.45M |
| Cash & Equiv | 1.52B | 3.26B | 1.03B | 564.53M | 184.33M | 427.27M | 98.59M | 404.60M | 259.69M | 90.31M | (68.89M) | 68.89M |
| Book Value | 1.82B | 2.51B | 2.88B | 1.82B | 1.43B | 1.29B | 1.13B | 1.10B | 677.24M | 381.85M | 305.36M | 305.36M |
| Return on Equity | -0.09 | -0.04 | 0.13 | 0.05 | 0.02 | 0.01 | -0.05 | -0.02 | 0.01 | -0.01 | -0.02 | -0.02 |
IREN News
IREN Limited (IREN) Q3 2026 Earnings Call Transcript
Stock Market Today, May 8: Iren Jumps After Announcing Multi-Year Nvidia Partnership
Why IREN Stock Jumped Today
IREN: Many Do Not Understand This Stock Is Undervalued Due To Its Assets
IREN Limited's Q3 Net Loss Widens Q/Q, Revenues Decline
IREN's Nvidia Deal Changes Everything
This Bitcoin Miner's Pivot to AI Just Won a Fresh Vote of Confidence From Nvidia
IREN Inks Deal With Nvidia, Scoring Major Victory for the Data Center Stock. Here's What Investors Need to Know
IREN Jumps 7% on $3.4 Billion NVIDIA AI Cloud Deal, $2.1 Billion Share Investment Option
IREN Q1: Nvidia Turned A Bitcoin Miner Into A Neocloud Bet