Full history for every metric is available with a Kvantra account
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 2 | 6 | 59 | 76 | 187 | 501 | 707 | 695 |
| Operating profit | $m | -1,047 | -1,156 | ||||||
| Net profit | $m | -1 | -45 | -420 | -172 | -29 | 87 | -703 | -1,350 |
| EPS reported | $ | -2.22 | -3.90 | ||||||
| Operating cashflow per share | $ | 6.64 | 6.20 | ||||||
| Capex per share | $ | 13.71 | 21.63 | ||||||
| FCF per share | $ | -7.06 | -15.42 | ||||||
| Free cash flow | $m | -2,233 | -6,147 | ||||||
| Net debt | $m | 1,697 | 6,375 | ||||||
| Book value equity | $m | 4,186 | 5,116 | ||||||
| Book value per share | $ | 13.24 | 12.84 | ||||||
| Number of shares | m | 316.12 | 398.56 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 3.45 | 1.65 | ||||||
| P/S LTM | x | 20.45 | 12.14 | ||||||
| P/FCF LTM | x | -6.47 | -1.37 | ||||||
| EV/EBITDA LTM | x | 472.24 | -487.11 | ||||||
| EV/Sales LTM | x | 23.20 | 21.31 | ||||||
| Earnings Yield LTM | % | -4.86% | -17.17% | ||||||
| FCF Yield | % | -15.44% | -72.90% | ||||||
| Quality | |||||||||
| ROE | % | -16.79% | -37.31% | ||||||
| ROIC | % | -7.48% | -5.68% | ||||||
| Operating margin | % | -148.05% | -166.45% | ||||||
| Gross margin | % | 68.93% | 73.37% | ||||||
| FCF/Sales | % | -315.79% | -884.85% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | +41.11% | +0.89% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | 0.00% | 0.00% | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | -0.28 | -0.60 | ||||||
| Net Debt/EBITDA | x | 55.98 | -220.18 | ||||||
| EBIT/Net interest | x | -17.67 | -9.40 | ||||||
| Net debt/market cap | % | 11.74% | 75.60% | ||||||
| Net debt/Equity | x | 0.41 | 1.25 | ||||||
| Gross debt/equity | x | 1.87 | 2.00 | ||||||
ETFs that hold IREN
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| iShares Blockchain Technology UCITS ETF | BLKC.AS | 5 | 5.56% |
| Fidelity Crypto Industry and Digital Payments ETF | FDIG | 5 | 3.27% |
| Global X - Blockchain ETF | BKCH | 4 | 8.08% |
| Roundhill Neocloud ETF | NCLD | 7 | 7.33% |
| Global X - Blockchain UCITS ETF | BLCH.DE | 4 | 8.62% |
| iShares Blockchain and Tech ETF | IBLC | 4 | 6.40% |
| Harvest Bitcoin Leaders Enhanced Income ETF | HBTE.NE | 5 | 11.86% |
| Onchain Economy ETF | NODE | 6 | 3.57% |
Funds with IREN among their ten largest holdings, largest fund first.
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves. A primary undertaking for IREN Limited is the mining of Bitcoin, a scarce digital asset created and exchanged via a decentralized, peer-to-peer computer network utilizing specialized Bitcoin software. The company was previously named Iris Energy Limited, officially adopting IREN Limited in November 2024.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| iShares Blockchain Technology UCITS ETF | BLKC.AS | 5 | 5.56% |
| Fidelity Crypto Industry and Digital Payments ETF | FDIG | 5 | 3.27% |
| Global X - Blockchain ETF | BKCH | 4 | 8.08% |
| Roundhill Neocloud ETF | NCLD | 7 | 7.33% |
| Global X - Blockchain UCITS ETF | BLCH.DE | 4 | 8.62% |
| iShares Blockchain and Tech ETF | IBLC | 4 | 6.40% |
| Harvest Bitcoin Leaders Enhanced Income ETF | HBTE.NE | 5 | 11.86% |
| Onchain Economy ETF | NODE | 6 | 3.57% |
Funds with IREN among their ten largest holdings, largest fund first.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves. A primary undertaking for IREN Limited is the mining of Bitcoin, a scarce digital asset created and exchanged via a decentralized, peer-to-peer computer network utilizing specialized Bitcoin software. The company was previously named Iris Energy Limited, officially adopting IREN Limited in November 2024.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free