IREN LTD

IRENNASDAQ

🏆 #527 by market capEarnings Aug 26 · PostData Centers

$39.73▲ $1.04 (+2.63%)

Live

1h—

24h▲ 2.6%

7d▼ 2.7%

14d▲ 17.1%

30d▼ 3.4%

1y▲ 121.1%

🏦Market Cap

$14.20B

Mid Cap

📈Revenue Growth (YoY)

+97.3%

High Growth

📊Gross Margin

—

💵FCF Margin

—

⚖️P/S Ratio

19.7x

Expensive

Otter Score

Fair

Trading Snapshot

Day Range: $39.33 – $40.17
52-Week Range: $17.22 – $76.87
Volume: $3.75B
Avg Volume: $3.24B
Shares Outstanding: 357.4M
Next Earnings: Sep 23, 2026

Fundamentals Snapshot

Annual Revenue: $749M
Last Q Revenue: $210M
P/E Ratio: 191.3
P/S Ratio: 19.7x
EPS (TTM): $0.17
Dividend Yield: —

Why Investors Own IREN

✓High-growth profile — revenue up +21.1% YoY with expanding Data Centers exposure.
✓Healthy economics — 44% gross margin and 11% free-cash-flow margin.
✓Capacity build-out tied to cloud and AI workloads.

⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)

$749M▲ +22.8% YoY

Gross Margin (TTM)

44.0%▲ +4.0% YoY

Operating Income (TTM)

$273M▲ +22.8% YoY

Free Cash Flow (TTM)

$79M▲ +22.8% YoY

About IREN LTD

IREN Limited (Ticker: IREN) is a vertically integrated data-center and digital infrastructure company traded on the Nasdaq. Headquartered in Sydney, Australia, it develops, owns and operates large-scale, renewable-powered data centers across North America that support Bitcoin mining, AI cloud services, and high-performance computing workloads. Originally known as Iris Energy Limited before rebranding in 2024, IREN combines its energy infrastructure and computing platforms to generate revenue from cryptocurrency mining and increasingly from GPU-powered AI cloud offerings. The company has secured significant power capacity and major customer contracts as it pivots toward AI data-center growth while maintaining its legacy mining business.

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