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IREN Limited (IREN)

23.95 -2.30 (-8.76%)
At close: 30 October at 4:00:01 pm GMT-4
24.16 +0.21 (+0.88%)
After hours: 30 October at 7:59:43 pm GMT-4
Chart Range Bar
Loading chart for IREN
  • Previous close 26.25
  • Open 24.35
  • Bid 21.98 x 200
  • Ask 32.00 x 100
  • Day's range 23.06 - 24.93
  • 52-week range 23.06 - 76.87
  • Volume 52,622,225
  • Avg. Volume 45,313,154
  • Market cap (intra-day) 9.69B
  • Beta (5Y monthly) 4.27
  • PE ratio (TTM) --
  • EPS (TTM) -2.22
  • Earnings date 5 Nov 2026
  • Forward dividend & yield -- (0.00%)
  • Ex-dividend date --
  • 1y target est 75.42

IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling. The company also owns and operates compute layers, such as GPUs, CPUs, storage, servers, and networking deployed within that data center infrastructure; and software layers comprising managed services and enterprise support that enables customers to deploy, operate, and manage AI workloads. In addition, it is involved in Bitcoin mining. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. IREN Limited was incorporated in 2018 and is based in Sydney, Australia.

iren.com

685

Full-time employees

30 June

Fiscal year ends

Financial Services

Sector

Capital Markets

Industry

Performance overview

Trailing total returns as of 30/10/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD return

IREN
36.59%
S&P 500 (^GSPC)
10.73%

1-year return

IREN
58.86%
S&P 500 (^GSPC)
11.11%

3-year return

IREN
695.68%
S&P 500 (^GSPC)
81.91%

5-year return

IREN
14.46%
S&P 500 (^GSPC)
64.59%

Earnings trends

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Earnings per share

GAAP
Normalised
GAAP
Normalised
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q4 FY26
Revenue 137.2M
Earnings -684M
Profit margin -498.54%

Q1

FY26

Q2

FY26

Q3

FY26

Q4

FY26

-600M
-400M
-200M
0
200M
-400.0%
-200.0%
0.0%
 

Analyst insights

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Analysts' price targets

37.00
75.42 Average
23.95 Current
139.00 High
 

Analyst recommendations

  • Strong buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest rating

Date 30/10/2026
Analyst B. Riley Securities
Rating action Maintains
Rating Buy
Price action Lowers
Price target 91 -> 64
 

Statistics

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Valuation measures

As of 26/08/2026
  • Market cap

    9.69B

  • Enterprise value

    11.64B

  • Trailing P/E

    106.97

  • Forward P/E

    87.94

  • PEG ratio (current)

    --

  • Price/sales (ttm)

    10.71

  • Price/book (mrq)

    2.18

  • Enterprise value/revenue

    16.46

  • Enterprise value/EBITDA

    36.93

Financial highlights

Profitability and income statement

  • Profit margin

    -99.38%

  • Return on assets (ttm)

    -2.53%

  • Return on equity (ttm)

    -23.41%

  • Revenue (ttm)

    707.01M

  • Net income avi to common (ttm)

    -702.62M

  • Diluted EPS (ttm)

    -2.22

Balance sheet and cash flow

  • Total cash (mrq)

    5.9B

  • Total debt/equity (mrq)

    187.30%

  • Levered free cash flow (ttm)

    -4.22B

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