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IREN Ltd

$59.19 +8.91% NASDAQ: IREN · 15-min delayed

SYDNEY,
Public · NASDAQ: IREN
257 employees
Founded 2018

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$19.4BMarket cap

$501.0MRevenue · FY2025

$86.9MNet income

257Employees

IRENNASDAQ

2021IPO

About IREN Ltd

IREN owns data centers powered by renewable energy in Canada and the US for bitcoin mining and AI cloud infrastructure. The company is in the process of converting its existing bitcoin capacity for AI purposes and securing new power and land supply to expand its data center operation. IREN works closely with industry leaders in AI, such as Microsoft, to support their cloud infrastructure ambitions.

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Company facts

Founded: 2018
Type: Public · NASDAQ: IREN
Employees: 257
IPO date: Nov 17, 2021
Headquarters: LEVEL 5, 55 MARKET STREET
SYDNEY, 2000
Phone: 0061279068301
Industry: Financial Services
Website: Visit site

Registry IDs

Ticker: IREN Nasdaq
SEC CIK: 1878848
SIC: 6199 FINANCE SERVICES

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Reported figures

Financial summary

Revenue FY2025: $501.0M
Net income: $86.9M
Total assets: $2.9B
Market cap: $19.4B
Gross margin: 68.3%
Operating margin: 3.5%
Net margin: 17.4%

Source: SEC EDGAR · updated Jun 7, 2026

FY 2025

Financial statements

Income statement

Revenue: $501.0M
Cost of revenue: $159.0M
Gross profit: $342.0M
Operating expenses: $324.7M
Operating income: $17.3M
Income tax: $6.6M
Net income: $86.9M
EPS (basic): $0.41
EPS (diluted): $0.39

Balance sheet

Total assets: $2.9B
Current assets: $641.2M
Total liabilities: $1.1B
Current liabilities: $149.3M
Shareholders’ equity: $1.8B

Cash flow

Operating cash flow: $245.9M
Investing cash flow: -$1.4B
Financing cash flow: $1.3B
Net cash flow: $160.1M

Statements via Polygon.io (SEC filings)

NASDAQ: IREN

$59.19 +8.91%

15-minute delayed · data by Polygon.io

Past year

$6.19 $76.41

52-week range

Market cap: $19.4B
P/E ratio: 151.8
EPS (diluted): $0.39
Shares outstanding: 328.2M
Open: —
Day range: –
Prev close: —
Volume: —
IPO date: Nov 17, 2021

Market data by Polygon.io · prices are 15-minute delayed

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At a glance

Profitable — net income of $86.9M in FY2025.
Gross margin of 68.3%, net margin 17.4%.
Trading 23% below its 52-week high.
Valued at a price-to-earnings (P/E) ratio of 151.8.

Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.