iren ltd - IREN

IREN

Close Chg Chg %
34.09 0.68 1.99%

Closed Market

34.77

+0.68 (1.99%)

Volume: 30.12M

Last Updated:

Apr 2, 2026, 4:00 PM EDT

Company Overview: iren ltd - IREN

IREN Key Data

Open

$32.24

Day Range

31.35 - 35.03

52 Week Range

5.13 - 76.87

Market Cap

$11.54B

Shares Outstanding

331.76M

Public Float

298.77M

Beta

4.31

Rev. Per Employee

N/A

P/E Ratio

39.69

EPS

$1.10

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

33.15M

 

IREN Performance

1 Week
 
-0.91%
 
1 Month
 
-5.26%
 
3 Months
 
-18.57%
 
1 Year
 
485.35%
 
5 Years
 
N/A
 

IREN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 18
Full Ratings ➔

About iren ltd - IREN

IREN Ltd. is a vertically integrated data center business powering the future of Bitcoin, AI and beyond with renewable energy. It is strategically located in renewable-rich, fiber-connected regions across the US and Canada. IREN’s large-scale, grid-connected facilities are purpose-built for the next generation of power-dense computing applications. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.

IREN At a Glance

IREN Ltd.
55 Market Street
Sydney, New South Wales (NSW) 2000
Phone 61-2-7906-8301 Revenue 321.12M
Industry Data Processing Services Net Income 56.31M
Sector Technology Services 2025 Sales Growth 161.75%
Fiscal Year-end 06 / 2026 Employees 457
View SEC Filings

IREN Valuation

P/E Current 39.692
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 55.526
Price to Sales Ratio 10.129
Price to Book Ratio 3.146
Price to Cash Flow Ratio 20.43
Enterprise Value to EBITDA 26.599
Enterprise Value to Sales 10.945
Total Debt to Enterprise Value 0.18

IREN Efficiency

Revenue/Employee 702,664.035
Income Per Employee 123,207.19
Receivables Turnover 19.613
Total Asset Turnover 0.229

IREN Liquidity

Current Ratio 4.293
Quick Ratio 4.293
Cash Ratio 3.78

IREN Profitability

Gross Margin 31.403
Operating Margin 4.616
Pretax Margin 18.857
Net Margin 17.534
Return on Assets 4.008
Return on Equity 5.853
Return on Total Capital 3.089
Return on Invested Capital 4.405

IREN Capital Structure

Total Debt to Total Equity 53.053
Total Debt to Total Capital 34.663
Total Debt to Total Assets 30.985
Long-Term Debt to Equity 53.031
Long-Term Debt to Total Capital 34.649
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Iren Ltd - IREN

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
42.82M 75.51M 122.68M 321.12M
Sales Growth
+450.43% +76.35% +62.47% +161.75%
Cost of Goods Sold (COGS) incl D&A
29.06M 98.86M 122.39M 220.28M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
5.61M 30.86M 33.19M 117.31M
Depreciation
5.61M 30.86M 33.19M 117.31M
Amortization of Intangibles
- - - -
-
COGS Growth
+377.52% +240.23% +23.80% +79.98%
Gross Income
13.76M (23.35M) 289.02K 100.84M
Gross Income Growth
+712.26% -269.70% +101.24% +34,790.28%
Gross Profit Margin
+32.14% -30.93% +0.24% +31.40%
2022 2023 2024 2025 5-year trend
SG&A Expense
13.43M 19.75M 14.08M 82.39M
Research & Development
- - - -
-
Other SG&A
13.43M 19.75M 14.08M 82.39M
SGA Growth
+504.40% +47.10% -28.72% +485.25%
Other Operating Expense
- 5.32M 5.04M 3.63M
Unusual Expense
121.12K 105.17M 2.19M (42.40M)
EBIT after Unusual Expense
213.96K (153.60M) (21.01M) 57.23M
Non Operating Income/Expense
5.87M 480.00K 4.47M 10.48M
Non-Operating Interest Income
57.30K 924.00K 3.82M 4.86M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
308.57M 16.36M 165.81K 7.15M
Interest Expense Growth
+407.57% -94.70% -98.99% +4,214.03%
Gross Interest Expense
308.57M 17.40M 165.81K 7.15M
Interest Capitalized
- - - 1.04M
-
Pretax Income
(302.48M) (169.48M) (16.71M) 60.55M
Pretax Income Growth
-414.23% +43.97% +90.14% +462.31%
Pretax Margin
-706.41% -224.45% -13.62% +18.86%
Income Tax
1.98M 2.39M 2.26M 4.25M
Income Tax - Current - Domestic
- 487.39K (1.01M) 1.12M
Income Tax - Current - Foreign
- - - 1.08M
-
Income Tax - Deferred - Domestic
- 1.49M 3.40M 1.14M
Income Tax - Deferred - Foreign
- - - 3.17M
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(304.45M) (171.87M) (18.98M) 56.31M
Minority Interest Expense
- - - -
-
Net Income
(304.45M) (171.87M) (18.98M) 56.31M
Net Income Growth
-406.97% +43.55% +88.96% +396.71%
Net Margin Growth
-711.03% -227.62% -15.47% +17.53%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(304.45M) (171.87M) (18.98M) 56.31M
Preferred Dividends
- - - -
-
Net Income Available to Common
(304.45M) (171.87M) (18.98M) 56.31M
EPS (Basic)
-7.4364 -3.1377 -0.1904 0.2624
EPS (Basic) Growth
-581.49% +57.81% +93.93% +237.82%
Basic Shares Outstanding
40.94M 54.78M 99.64M 214.59M
EPS (Diluted)
-7.4364 -3.1377 -0.1904 0.2522
EPS (Diluted) Growth
-581.49% +57.81% +93.93% +232.46%
Diluted Shares Outstanding
40.94M 54.78M 99.64M 223.25M
EBITDA
5.95M (17.57M) 14.37M 132.13M
EBITDA Growth
+722.51% -395.32% +181.79% +819.48%
EBITDA Margin
+13.89% -23.27% +11.71% +41.15%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 81.231
Number of Ratings 18 Current Quarters Estimate -0.086
FY Report Date 06 / 2026 Current Year's Estimate 0.55
Last Quarter’s Earnings -0.239 Median PE on CY Estimate N/A
Year Ago Earnings 0.328 Next Fiscal Year Estimate 0.746
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 10 7 10 12
Mean Estimate -0.09 -0.01 0.55 0.75
High Estimates 0.28 0.69 1.11 4.75
Low Estimate -0.56 -0.64 -0.14 -1.89
Coefficient of Variance -314.22 -3,834.97 66.16 222.94

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 12 12 11
OVERWEIGHT 1 1 1
HOLD 3 3 2
UNDERWEIGHT 1 1 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Iren Ltd - IREN

Date Name Shares Transaction Value
Oct 16, 2025 William Roberts Co-Chief Executive Officer; Director 13,989,696 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $33.13 per share 463,478,628.48

Iren Ltd in the News