IREN Limited IREN AI
Financial Services · Capital Markets · Australia
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.
READ MORE ›$63.54
+657.33% 1Y
Market & Price
Market Cap
$22.71B
Current Price
$63.54
High / Low (52W)
$76.41 / $8.39
Beta
4.18
Valuation
Stock P/E
82.52
Industry PE
12.01
Forward P/E
-
PEG Ratio
3.11
Book Value
$7.57
Price to Book
8.39
P/S
29.99
EV/EBITDA
166.19
Dividend Yield
-
Profitability & Returns
ROCE
3.75%
ROE
7.73%
ROA
-3.00%
Profit Margin
20.88%
Op Margin
-64.47%
EPS (Latest Qtr)
$-0.74
EPS (TTM)
$0.77
Balance Sheet & Liquidity
Debt/Equity
1.49
Quick Ratio
3.50
Current Ratio
3.72
Debt
$3.96B
Total Assets
$2.94B
Current Assets
$641.17M
Working Capital
$491.83M
Ownership
Promoter Holding
3.52%
Chg in Prom Hold
-
FII / Inst Holding
48.76%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$24.46B
Total Revenue (TTM)
$757.07M
EBITDA
$147.18M
Free Cash Flow
$-2.31B
Operating Cash Flow
$392.47M
Shares Outstanding
357.38M
Gross Margin
68.40%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
103.98%
Profit 5Y
40.24%
Revenue (YoY)
-0.00%
Earnings (YoY)
-
PROS
- Excellent profit margin of 20.9%.
- Compounding revenue at 104.0% over 5 years.
- Profit CAGR of 40.2% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 82.5.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | IREN IREN Limited AI | 63.54 | 82.52 | $22.71B | - | 3.75% | 7.73% | 103.98% | 40.24% |
| 2 | JPM JPMorgan Chase & Co. SPX | 299.31 | 14.33 | $802.00B | 2.00% | - | 16.47% | 12.50% | 14.83% |
| 3 | V Visa Inc. SPX | 326.36 | 28.48 | $620.65B | 0.82% | 38.38% | 60.35% | 10.92% | 10.28% |
| 4 | MA Mastercard Incorporated SPX | 493.98 | 28.57 | $436.47B | 0.70% | 61.47% | - | 13.82% | 14.66% |
| 5 | MS Morgan Stanley SPX | 208.00 | 18.84 | $328.08B | 1.92% | - | 16.39% | 9.52% | 15.20% |
| 6 | GS The Goldman Sachs Group, Inc. SPX | 1,025.56 | 18.73 | $302.55B | 1.76% | - | 14.55% | 7.16% | 15.11% |
| 7 | WFC Wells Fargo & Company SPX | 77.54 | 11.98 | $237.29B | 2.32% | - | 12.03% | 4.02% | 15.98% |
| 8 | BLK BlackRock, Inc. SPX | 1,046.88 | 26.32 | $162.51B | 2.19% | 4.89% | 11.90% | 10.65% | 2.36% |
| 9 | SCHW The Charles Schwab Corporation SPX | 87.35 | 17.37 | $151.91B | 1.47% | - | 19.08% | 4.83% | 7.21% |
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Quarterly Results
Figures in USD.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 144.82M | 187.29M | 240.29M | 184.69M | 144.79M |
| Cost of Revenue | - | - | 46.91M | 136.82M | 89.04M | 74.32M | 51.23M |
| Gross Profit | - | - | 97.92M | 50.47M | 151.26M | 110.38M | 93.57M |
| Operating Expenses | - | - | 70.23M | 33.66M | 211.39M | 195.03M | 186.92M |
| Operating Income | - | - | 27.69M | 16.80M | -60.13M | -84.66M | -93.35M |
| EBITDA | - | - | 40.32M | 153.13M | 669.80M | -228.08M | -118.00M |
| Interest Expense | - | - | 4.12M | -3.14M | 9.28M | 10.67M | 14.84M |
| Pretax Income | - | - | -11.11M | 92.79M | 575.30M | -337.93M | -254.09M |
| Tax Provision | - | - | 5.04M | -2.76M | 190.69M | -182.52M | -6.26M |
| Net Income | - | - | -16.14M | 95.55M | 384.61M | -155.41M | -247.83M |
| Diluted EPS | - | - | -0.07 | 0.69 | 1.08 | -0.52 | -0.74 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|
| Revenue | - | 59.04M | 75.51M | 187.19M | 501.02M |
| Cost of Revenue | - | 7.45M | 54.39M | 105.07M | 158.99M |
| Gross Profit | - | 51.59M | 21.12M | 82.12M | 342.03M |
| Operating Expenses | - | 51.13M | 69.68M | 109.39M | 319.91M |
| Operating Income | - | 462.00K | -48.56M | -27.28M | 22.12M |
| EBITDA | - | 16.14M | -122.56M | 25.10M | 285.68M |
| Interest Expense | - | 425.44M | 16.21M | 98.00K | 11.04M |
| Pretax Income | - | -417.05M | -169.44M | -25.47M | 93.50M |
| Tax Provision | - | 2.72M | 2.39M | 3.45M | 6.56M |
| Net Income | - | -419.77M | -171.83M | -28.92M | 86.94M |
| Diluted EPS | - | -10.25 | -3.14 | -0.29 | 0.39 |
Compounded Sales Growth
| 5 Years: | 103.98% |
| 1 Year: | -0.00% |
Compounded Profit Growth
| 5 Years: | 40.24% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +657.33% |
| 6 Months: | +33.85% |
| 3 Months: | +55.16% |
| 1 Month: | +48.25% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 570.46M | 332.07M | 1.15B | 2.94B |
| Current Assets | - | 160.25M | 89.23M | 452.38M | 641.17M |
| Cash & Equivalents | - | 109.97M | 68.89M | 404.60M | 564.53M |
| Inventory | - | - | - | - | - |
| Receivables | - | - | 0 | 152.00K | 1.56M |
| Total Liabilities | - | 133.10M | 26.71M | 55.35M | 1.12B |
| Current Liabilities | - | 85.11M | 24.00M | 51.07M | 149.35M |
| Long Term Debt | 10.84M | 46.62M | - | - | 962.76M |
| Total Debt | - | 108.29M | 1.45M | 1.32M | 964.23M |
| Total Equity | - | 437.36M | 305.36M | 1.10B | 1.82B |
| Shares Outstanding | - | 53.03M | 64.75M | 186.37M | 258.10M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -37.48M | 5.73M | 52.22M | 245.89M |
| Investing Cash Flow | - | -259.08M | -71.47M | -498.47M | -1.38B |
| Financing Cash Flow | - | 372.04M | 28.56M | 782.63M | 1.29B |
| Capital Expenditure | - | -294.25M | -116.06M | -479.91M | -1.37B |
| Free Cash Flow | - | -331.73M | -110.33M | -427.69M | -1.13B |
| Net Change in Cash | - | 75.48M | -37.18M | 336.38M | 160.13M |
Ratios (Annual)
Figures in %.
| Metric | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 87.4% | 28.0% | 43.9% | 68.3% |
| Operating Margin % | - | 0.8% | -64.3% | -14.6% | 4.4% |
| Net Margin % | - | -711.0% | -227.6% | -15.4% | 17.4% |
| ROE % | - | -96.0% | -56.3% | -2.6% | 4.8% |
| ROCE % | - | 0.1% | -15.8% | -2.5% | 0.8% |
Shareholding Pattern
Insiders
3.52%
Institutions
48.76%
Public Float
50.54%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Defiance Etfs, LLC | 3.55% | 12.67M | $805.12M |
| 2 | Situational Awareness Partners LP | 3.27% | 11.70M | $743.34M |
| 3 | Situational Awareness LP | 3.27% | 11.70M | $743.34M |
| 4 | Citigroup Inc. | 3.05% | 10.90M | $692.81M |
| 5 | BIT Capital GmbH | 1.83% | 6.53M | $414.73M |
| 6 | Shaw D.E. & Co., Inc. | 1.80% | 6.43M | $408.79M |
| 7 | Goldman Sachs Group Inc | 1.56% | 5.57M | $353.93M |
| 8 | Value Aligned Research Advisors, LLC | 1.33% | 4.77M | $302.93M |
| 9 | Blackrock Inc. | 1.25% | 4.46M | $283.21M |
| 10 | Marex Group Plc | 1.10% | 3.92M | $249.00M |
Analyst View
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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