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Company price
21.6996 USD 3.67 ( 20.35%)
Last update at 2026-11-06T21:02:00Z
VOLUME
110583956
Market Cap
16384.96M

Momentum Score

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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.

Source: TradingView
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Day Price Range
20.18
Low
22.46
High
52 Week Price Range
28.93
Low
76.87
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Publicly available information on IREN Ltd (NASDAQ: IREN.US) is limited, and I could not verify the company’s core business, industry classification, or long-term growth drivers from SEC filings or other reliable sources. Because disclosure is scarce, investors should consult the company’s official filings or contact investor relations; without verified information a definitive long-term outlook cannot be provided.
The primary investment risk is the lack of transparent public disclosure, which raises governance and information risk and prevents meaningful assessment of operational, regulatory, or financing vulnerabilities.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
18.03
Dividend Yield
-
Revenue TTM
707.01M
Revenue Per Share
2.24
Gross Profit TTM
487.30M
Debt / Equity
1.87
ROE
-23.41%
Net Debt
1944.01M
ROCE
-2.82%
Diluted EPS TTM
-2.14

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -708.70M 93.50M -25.47M -169.48M -417.05M
Net income -702.60M 86.94M -28.92M -171.87M -419.77M
Selling general administrative 319.78M 124.33M 47.98M 27.09M 33.39M
Selling and marketing expenses - 2.88M 2.05M 0.72M 0.30M
Gross profit 487.30M 342.03M 82.12M 57.61M 48.06M
Reconciled depreciation 417.73M 181.14M 50.65M 30.86M 7.74M
Ebit -383.00M 104.55M -25.37M -48.54M -1.50M
Ebitda 34.70M 285.68M 25.10M -17.68M 6.24M
Depreciation and amortization 417.70M 181.14M 50.47M 30.86M 7.74M
Operating income -1046.71M 22.12M -27.28M -153.85M -1.50M
Other operating expenses 1753.71M 478.90M 214.47M 123.95M 54.89M
Interest expense 59.25M 11.04M 0.10M 15.32M 32.19M
Tax provision -6.06M 6.56M 3.45M 2.39M 2.72M
Interest income 80.63M 7.50M 5.83M 0.92M 0.08M
Net interest income 21.38M -3.54M 5.58M -15.44M -34.62M
Income tax expense -6.10M 6.56M 3.45M 2.39M 2.72M
Total revenue 707.00M 501.02M 187.19M 75.51M 59.04M
Total operating expenses 1534.01M 319.91M 109.39M 106.06M 43.91M
Cost of revenue 219.70M 158.99M 105.07M 17.90M 10.98M
Total other income expense net 338.01M 71.38M 1.81M -105.60M -415.54M
Net income from continuing ops -702.62M 86.94M -28.95M -171.87M -419.77M
Net income applicable to common shares - - - -171.87M -419.77M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 15790.04M 2940.32M 1153.03M 332.07M 570.46M
Intangible assets 317.43M - - - -
Other current assets 1931.93M 51.66M 11.89M 4.00M 26.63M
Total liab 11604.43M 1122.84M 55.68M 26.71M 133.10M
Total stockholder equity 4185.61M 1817.49M 1097.35M 305.36M 437.36M
Other current liab 577.55M 66.31M 19.49M 12.27M 11.39M
Common stock 7172.89M 2355.06M 1764.29M 965.86M 926.58M
Capital stock 7172.89M 2355.06M 1764.29M 965.86M 926.58M
Retained earnings -1298.79M -596.17M -683.23M -654.28M -482.40M
Other liab - - - 1.46M 0.19M
Good will 36.58M 0.00M - 0.00M 0.63M
Other assets - - - 0.37M 160.76M
Cash 5895.59M 564.53M 404.60M 68.89M 109.97M
Total current liabilities 2221.10M 149.35M 51.00M 24.00M 85.11M
Current deferred revenue 46.49M 0.88M 2.56M - -
Net debt 1944.01M 399.71M -402.95M -67.45M -1.68M
Short term debt 295.30M 0.40M 0.21M 0.19M 60.48M
Short long term debt 169.37M - - - 60.40M
Short long term debt total 7839.60M 964.23M 1.66M 1.45M 108.29M
Other stockholder equity -1647.06M 88.67M 51.29M -6.22M -6.81M
Property plant equipment - - - 242.48M 248.81M
Total current assets 7886.18M 641.17M 452.39M 89.23M 160.25M
Long term investments - 0.00M - - -
Net tangible assets - - - 305.36M 436.73M
Short term investments - 0.00M 6.53M - -
Net receivables 58.65M 24.98M 29.37M 6.54M 23.65M
Long term debt 7423.57M 962.76M - - 46.62M
Accounts payable 1297.48M 81.75M 27.35M 11.54M 13.23M
Accumulated other comprehensive income -41.42M -30.07M -34.99M -6.22M -6.81M
Non currrent assets other 324.63M 30.33M 257.73M 0.36M 158.52M
Non current assets total 7903.86M 2299.15M 700.65M 242.84M 410.21M
Capital lease obligations 246.58M 1.47M 1.66M 1.45M 1.27M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments 0.00M -1380.49M -498.47M -71.47M -318.12M
Change to liabilities - - - -2.40M 3.72M
Total cashflows from investing activities -4722.98M -1380.49M -498.47M -71.47M -318.12M
Net borrowings 4617.98M 701.21M 0.00M -9.75M 53.07M
Total cash from financing activities 9680.05M 1294.73M 782.13M 28.24M 372.04M
Change to operating activities - - - -4.09M -0.11M
Net income -702.62M 86.94M -28.92M -171.87M -419.77M
Change in cash 7055.00M 159.93M 335.71M -41.08M 70.98M
Begin period cash flow 564.53M 404.60M 68.89M 109.97M 38.99M
End period cash flow 7619.53M 564.53M 404.60M 68.89M 109.97M
Total cash from operating activities 2100.42M 245.89M 52.22M 6.04M 21.56M
Issuance of capital stock 4743.50M 602.68M 783.57M 39.25M 215.33M
Depreciation 417.73M 181.14M 50.47M 30.86M 7.74M
Other cashflows from investing activities -4722.98M -8.33M -18.56M 11.03M -22.04M
Change to account receivables -29.43M -12.24M -5.59M 17.64M -0.07M
Other cashflows from financing activities -48.88M -9.16M -1.45M -1.26M 168.83M
Change to netincome - - - 136.04M 426.87M
Capital expenditures 4333.09M 1372.63M 479.91M 116.06M 294.25M
Change in working capital 1824.70M -5.44M 11.36M 9.98M 4.21M
Stock based compensation 205.02M 42.64M 23.64M 14.36M 13.90M
Other non cash items 275.72M -59.40M -4.33M 9.12M 415.48M
Free cash flow -2232.67M -1126.74M -427.19M -110.02M -272.69M

Peer Comparison*

Sector: Financial Services Industry: Capital Markets

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
IREN
IREN Ltd
3.67
20.35%
21.70 - 136.99 23.18 4.06 26.81 28.06
GS
Goldman Sachs Group Inc
-3.13
0.36%
865.82 17.21 16.00 4.47 2.26 11.15 -
SCHW
Charles Schwab Corp
-1.09
1.18%
91.49 19.53 13.89 7.16 4.22 8.80 -
MS
Morgan Stanley
-1.00
0.55%
181.44 16.50 13.76 2.80 1.65 - -
IBKR
Interactive Brokers Group Inc
-
-%
75.82 35.95 27.93 22.14 6.96 3.01 3.37

Profile*

IREN Ltd

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.

55 Market Street, Sydney, NSW, Australia, 2000

61 2 7906 8301

685

Name Title Year Born
Mr. William Roberts Co-Founder, Co-CEO & Director 1991
Mr. Daniel Roberts Co-Founder, Co-CEO & Director 1985
Mr. Lindsay James Ward F.A.C.I.D. Pres 1964
Ms. Belinda Nucifora Chief Financial Officer 1973
Mr. David Shaw Chief Operating Officer 1968
Mr. Bom Shin VP of Corp. Fin. NA
Mr. Denis Skrinnikoff Chief Technology Officer? 1985
Ms. Joanna Brand B.A., GAICD, J.D., M.B.A (Exec.) Gen. Counsel & Company Sec. 1972
Ms. Yvonne Martins Group Financial Controller NA
Mr. Glenn Harrison VP of Operations NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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