iren ltd - IREN

IREN

Close Chg Chg %
37.90 -1.04 -2.74%

Open Market

36.86

-1.04 (2.74%)

Volume: 19.62M

Last Updated:

Sep 18, 2025, 2:21 PM EDT

Company Overview: iren ltd - IREN

IREN Key Data

Open

$38.23

Day Range

36.37 - 38.50

52 Week Range

5.13 - 38.48

Market Cap

$10.28B

Shares Outstanding

271.14M

Public Float

252.92M

Beta

4.04

Rev. Per Employee

N/A

P/E Ratio

93.53

EPS

-$0.22

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

32.76M

 

IREN Performance

1 Week
 
11.60%
 
1 Month
 
76.85%
 
3 Months
 
261.99%
 
1 Year
 
404.66%
 
5 Years
 
N/A
 

IREN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
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 495.83M
Industry Data Processing Services Net Income 86.94M
Sector Technology Services 2025 Sales Growth 164.88%
Fiscal Year-end 06 / 2026 Employees 457
View SEC Filings

IREN Valuation

P/E Current 89.956
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 35.958
Price to Sales Ratio 6.56
Price to Book Ratio 2.062
Price to Cash Flow Ratio 13.23
Enterprise Value to EBITDA 17.902
Enterprise Value to Sales 7.366
Total Debt to Enterprise Value 0.264

IREN Efficiency

Revenue/Employee 1,084,975.93
Income Per Employee 190,242.888
Receivables Turnover 19.847
Total Asset Turnover 0.233

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 4.077
Return on Equity 5.965
Return on Total Capital 3.125
Return on Invested Capital 4.481

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
42.81M 75.51M 187.19M 495.83M
Sales Growth
+450.18% +76.37% +147.91% +164.88%
Cost of Goods Sold (COGS) incl D&A
29.05M 98.86M 186.75M 340.13M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
5.61M 30.86M 50.65M 181.14M
Depreciation
5.61M 30.86M 50.65M 181.14M
Amortization of Intangibles
- - - -
-
COGS Growth
+377.31% +240.28% +88.90% +82.13%
Gross Income
13.76M (23.35M) 441.00K 155.71M
Gross Income Growth
+711.89% -269.72% +101.89% +35,207.48%
Gross Profit Margin
+32.14% -30.93% +0.24% +31.40%
2022 2023 2024 2025 5-year trend
SG&A Expense
13.42M 19.75M 21.48M 127.22M
Research & Development
- - - -
-
Other SG&A
13.42M 19.75M 21.48M 127.22M
SGA Growth
+504.13% +47.12% +8.76% +492.25%
Other Operating Expense
- 5.32M 7.68M 5.60M
Unusual Expense
121.11K 105.17M 3.34M (65.47M)
EBIT after Unusual Expense
213.93K (153.60M) (32.06M) 88.36M
Non Operating Income/Expense
5.87M 480.00K 6.81M 16.18M
Non-Operating Interest Income
57.29K 924.00K 5.83M 7.50M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
308.53M 16.36M 253.00K 11.05M
Interest Expense Growth
+407.34% -94.70% -98.45% +4,265.61%
Gross Interest Expense
308.53M 17.40M 253.00K 11.05M
Interest Capitalized
- - - 1.04M
-
Pretax Income
(302.44M) (169.48M) (25.50M) 93.50M
Pretax Income Growth
-414.00% +43.96% +84.95% +466.64%
Pretax Margin
-706.41% -224.45% -13.62% +18.86%
Income Tax
1.98M 2.39M 3.45M 6.56M
Income Tax - Current - Domestic
- 487.33K (1.01M) 1.71M
Income Tax - Current - Foreign
- - - 1.67M
-
Income Tax - Deferred - Domestic
- 1.49M 3.40M 1.74M
Income Tax - Deferred - Foreign
- - - 4.90M
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(304.41M) (171.87M) (28.96M) 86.94M
Minority Interest Expense
- - - -
-
Net Income
(304.41M) (171.87M) (28.96M) 86.94M
Net Income Growth
-406.74% +43.54% +83.15% +400.26%
Net Margin Growth
-711.03% -227.62% -15.47% +17.53%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(304.41M) (171.87M) (28.96M) 86.94M
Preferred Dividends
- - - -
-
Net Income Available to Common
(304.41M) (171.87M) (28.96M) 86.94M
EPS (Basic)
-7.4354 -3.1377 -0.2906 0.4052
EPS (Basic) Growth
-581.21% +57.80% +90.74% +239.44%
Basic Shares Outstanding
40.94M 54.78M 99.64M 214.59M
EPS (Diluted)
-7.4354 -3.1377 -0.2906 0.3894
EPS (Diluted) Growth
-581.21% +57.80% +90.74% +234.00%
Diluted Shares Outstanding
40.94M 54.78M 99.64M 223.25M
EBITDA
5.95M (17.57M) 21.93M 204.03M
EBITDA Growth
+722.14% -395.36% +224.80% +830.47%
EBITDA Margin
+13.89% -23.27% +11.71% +41.15%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 29.545
Number of Ratings 12 Current Quarters Estimate 0.183
FY Report Date 09 / 2025 Current Year's Estimate 0.991
Last Quarter’s Earnings 0.65 Median PE on CY Estimate N/A
Year Ago Earnings 0.459 Next Fiscal Year Estimate 1.173
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 10 10 12 8
Mean Estimate 0.18 0.20 0.99 1.17
High Estimates 0.34 0.36 1.70 2.28
Low Estimate 0.10 0.09 0.30 0.50
Coefficient of Variance 37.91 38.88 41.21 55.97

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 9 10
OVERWEIGHT 1 1 1
HOLD 3 2 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Buy Buy

Iren Ltd in the News