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Nasdaq · CIK 0001878848 · FINANCE SERVICES

IREN Limited

IREN chart by TradingView
P/E 72.4xP/B 4.3xP/SALES 15.1xEV/EBITDA FCF YIELD -12.77%

PRICE HISTORY

LIVE · NASDAQ
IREN chart by TradingView
REVENUE FY2025 ENDED JUN 2025
$0.5B
EBITDA
$0.2B
FREE CASH FLOW
$-0.3B
EPS
$0.39
GROSS MARGIN
68.27%
ROIC
Q3 FY26ENDED MAR 2026HOVERDRAG ACROSS ANY CHART TO SCRUB ALL 24 · 7 QUARTERS SHOWNVALUATIONGROWTHPROFITABILITY & RETURNSCASH & CAPITALBALANCE SHEET

VALUATION

what you pay for a unit of the business7 CHARTS

P / E RATIO (TTM)

72.4x
+98%
LATEST · Q3 FY26
72.4xQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
28.9x72.4x

P / SALES (TTM)

15.1x
+138%
LATEST · Q3 FY26
15.1xQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
6.4x24.7x

P / BOOK

4.3x
+204%
LATEST · Q3 FY26
4.3xQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
1.0x5.9x

EV / EBITDA (TTM)

LATEST · Q3 FY26
Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

EV / REVENUE (TTM)

LATEST · Q3 FY26
Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

FCF YIELD (TTM)

-12.77%
-2.5pp
LATEST · Q3 FY26
-12.77%Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
-12.77%-1.51%

DIVIDEND YIELD (TTM)

0.00%
+0.0pp
LATEST · Q3 FY26
0.00%Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

GROWTH

is the business getting bigger5 CHARTS

REVENUE

$0.1B
+174%
LATEST · Q3 FY26
0.1BQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

EBITDA (DERIVED)

$-0.1B
$0.1B
LATEST · Q3 FY26
-0.1BQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

NET INCOME

$-0.2B
$0.2B
LATEST · Q3 FY26
-0.2BQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

EPS (DILUTED)

$-0.74
$0.47
LATEST · Q3 FY26
-0.74Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

REVENUE GROWTH YOY

-0.02%
-355.4pp
LATEST · Q3 FY26
-0.02%Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
-0.02%355.41%

PROFITABILITY & RETURNS

what survives to the bottom, and what it earns on capital4 CHARTS

FCF MARGIN

-603.50%
-395.5pp
LATEST · Q3 FY26
-603.50%Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
-603.50%-15.79%

RETURN ON CAPITAL

LATEST · Q3 FY26
Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

RETURN ON EQUITY (TTM)

5.93%
+1.1pp
LATEST · Q3 FY26
5.93%Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
4.78%18.19%

MARGIN FUNNEL

every line is a share of the same revenue, so they read on one scale — the gaps are what each layer takes out, and net rises above operating when income arrives from outside the business
GROSS MARGIN72.42%
OPERATING MARGIN-161.28%
NET MARGIN-171.16%
FCF MARGIN-603.50%
236.417.35-221.72-450.79-679.85GROSSOPERNETFCFQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

CASH & CAPITAL

where the money actually goes5 CHARTS

FREE CASH FLOW

$-0.9B
$0.8B
LATEST · Q3 FY26
-0.9BQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

STOCK-BASED COMP

$0.0B
+285%
LATEST · Q3 FY26
0.0BQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

CAPITAL EXPENDITURE

$0.9B
+797%
LATEST · Q3 FY26
0.9BQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

SHARES OUTSTANDING

0.33B
+76%
LATEST · Q3 FY26
0.33BQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

DIVIDEND / SHARE

$0.00
+$0.00
LATEST · Q3 FY26
0.00Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

BALANCE SHEET

how much cushion there is3 CHARTS

CASH & EQUIVALENTS

$2.2B
+292%
LATEST · Q3 FY26
2.2BQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

TOTAL DEBT

LATEST · Q3 FY26
Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

DEBT / EBITDA (TTM)

LATEST · Q3 FY26
Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26

OWNERSHIP

10 LARGEST HOLDERS · WHO OWNS THE FLOAT
INSTITUTIONS 54.16%INSIDERS 3.47%OTHER / RETAIL 42.37%799 INSTITUTIONAL FILERS
HOLDER% HELDSHARESVALUECHANGE
Defiance Etfs, LLC3.55%12.7M$522.4MNEW
Situational Awareness Partners LP3.27%11.7M$482.3MNEW
Situational Awareness LP 3.27%11.7M$482.3M+34.5%
Citigroup Inc.3.21%11.5M$472.9M+5.2%
BIT Capital GmbH1.83%6.5M$269.1M-6.0%
Shaw D.E. & Co., Inc.1.80%6.4M$265.3M-44.9%
Goldman Sachs Group Inc1.56%5.6M$229.7M-24.3%
Value Aligned Research Advisors, LLC 1.33%4.8M$196.6M+35.6%
Blackrock Inc.1.25%4.5M$183.8M+604.9%
Daiwa Securities Group Inc.1.19%4.2M$174.7M+13927.7%
AS OF 2026-03-31 · MOST RECENT 13F FILINGS
SOURCE → 10-K · 10-Q · 8-K / GUIDANCE · ALL FILINGS
FILING DATA AS OF 2026-08-10. Figures are derived from public SEC EDGAR filings (40most recent quarters shown, Q4 implied as full-year minus Q1-Q3). Valuation multiples use each period’s fiscal period-end close. Live price charts and quotes are provided by TradingView. This page is informational only — it is not investment advice, and figures are not warranted for accuracy. EBITDA is not a GAAP measure; it is derived as operating income + D&A. Verify against the linked source filing before relying on any number here.