IREN NASDAQ
IREN Limited
1W: +3.1%
1M: -34.2%
3M: -6.4%
YTD: -35.7%
1Y: -56.4%
3Y: +773.9%
$27.44
+2.01 (+7.90%)
Weekly Expected Move ±10.3%
$20
$22
$25
$27
$30
Credit Risk of going bust: higher than 92% of companies Debt: 41.4% of company value Bonds: $369.7M held by 97 funds → details ▾
If the stock fell to about $3.15 (down 89%), IREN Limited would be worth roughly what it owes.
Total debt $7.84B against a stock market value of $11.10B.
Distance to default 1.30 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $3.88B (short-term plus half of long-term), stock volatility 105.3%; Altman Z'' 2.57. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Total debt $7.84B against a stock market value of $11.10B.
Distance to default 1.30 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $3.88B (short-term plus half of long-term), stock volatility 105.3%; Altman Z'' 2.57. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Overview
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Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Supply Chain
Revenue Segmentation
By Product / Service
By Geography
Revenue by Segment (5-Year Trend)
Income Trends
Revenue
$707M
+41.1% ▲
5Y CAGR: +145.7%
Gross Profit
$487M
+42.5% ▲
5Y CAGR: +143.6%
Operating Income
-$1.0B
-4831.6% ▼
Net Income
-$703M
-908.1% ▼
EPS (Diluted)
$-2.22
-669.2% ▼
EBITDA
$35M
-87.8% ▼
5Y CAGR: +116.6%
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $59M | $76M | $187M | $501M | $707M |
| YoY Growth | +647.5% | +27.9% | +147.9% | +167.7% | +41.1% |
| Cost of Revenue | $7M | $39M | $87M | $159M | $220M |
| Gross Profit | $52M | $36M | $100M | $342M | $487M |
| Gross Margin | 87.4% | 47.8% | 53.5% | 68.3% | 68.9% |
| R&D Expenses | $0 | $0 | $0 | $0 | $0 |
| SG&A Expenses | $9M | $48M | $68M | $127M | $449M |
| Operating Expenses | $51M | $193M | $127M | $325M | $1.5B |
| Operating Income | $307K | -$157M | -$27M | $17M | -$1.0B |
| Operating Margin | 0.5% | -208.2% | -14.5% | 3.5% | -148.1% |
| Interest Expense | $309M | $16M | $98K | $11M | $59M |
| Income Before Tax | -$417M | -$169M | -$25M | $94M | -$709M |
| Tax Expense | $3M | $2M | $3M | $7M | -$6M |
| Net Income | -$420M | -$172M | -$29M | $87M | -$703M |
| Net Margin | -711.0% | -227.6% | -15.4% | 17.4% | -99.4% |
| EPS (Diluted) | $-10.25 | $-3.14 | $-0.29 | $0.39 | $-2.22 |
| EBITDA | $8M | -$10M | $31M | $202M | $35M |
| Shares Outstanding | 41M | 55M | 100M | 223M | 316M |