IREN Ltd (IREN)
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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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
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)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $19.4B
- P/E ratio
- 95.1
- EPS (diluted)
- $0.39
- Shares outstanding
- 524.0M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 17, 2021
IREN Ltd (IREN) Stock Price
- Profitable — net income of $86.9M in FY2025.
- Gross margin of 68.3%, net margin 17.4%.
- Trading 51% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 95.1.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about IREN Ltd
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IREN Ltd: frequently asked questions
Is IREN Ltd an American company?
IREN Ltd is a US-based company, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Is IREN Ltd publicly traded?
Yes — IREN Ltd is a publicly traded company. Its stock trades under the ticker symbol IREN on the NASDAQ.
What does IREN Ltd do?
IREN Ltd is an American Financial Services company in the Business & Financial Services sector.
When was IREN Ltd founded?
IREN Ltd was founded in 2018.
