IREN Ltd (IREN) stock
Close on Nov 12, 2026Market cap $7.68BP/E –Yield 0.00%
IREN Ltd grew revenue 0.9% to $694.71M over the twelve months to Sep 30, 2026. Free cash flow was -$2.46B. At the latest close the market valued the company at $7.68B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $7.68B
- P/E ratio
- –
- Price to sales
- 11.05
- Price to book
- 1.50
- Dividend yield
- 0.00%
- Free cash flow yield
- -32.07%
Fundamentals
- Revenue
- $694.71M
- Net income
- -$1.35B
- EPS, diluted
- -$3.80
- Free cash flow
- -$2.46B
- Book value per share
- $12.84
- Diluted shares
- 399M
Trading
- Next earnings
- Feb 4, 2027 (estimated, after the close)
- Previous close
- $20.84
- Open
- $19.02
- Day's range
- $18.43 – $20.28
- Volume
- 70,808,720
- Average volume (20 days)
- 67,927,934
- Beta (5 years)
- 2.17
- 52-week range
- $17.16 – $70.71
- RSI (14 days)
- 34.6
- Volatility (1 year)
- 109.5%
- Relative volume
- 1.44×
- WACC
- 9.1%
Market cap history
Month-end market cap since 2021, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | IREN | S&P 500 | Difference | IREN per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -44.0% | -2.7% | −41.3 pts | ||
| 3 months | -55.4% | -1.7% | −53.6 pts | ||
| Year to date | -48.4% | +11.9% | −60.3 pts | ||
| 1 year | -65.0% | +12.0% | −77.0 pts | ||
| 3 years | +558.1% | +78.2% | +479.9 pts | +87.4% | +21.2% |
Eight years at a glance
Fiscal years 2019 to 2026 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases IREN filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Update
- Results
- Update
About IREN
Finance Services
IREN Limited operates data center infrastructure tailored for high-performance computing, artificial intelligence workloads, and digital asset mining. The company conducts its operations across two principal business segments: Bitcoin Mining and AI Cloud Services. In its operations, IREN delivers cloud computing solutions, hardware infrastructure, and computing capacity powered by specialized graphic processing units (GPUs) and application-specific mining equipment to service clients requiring intensive processing and cryptocurrency validation services.
Company profile, executives and historyIREN stock: common questions
What is IREN's stock price?
IREN closed at $19.48 on Nov 12, 2026, down 6.53% on the day. Over the past 52 weeks it traded between $17.16 and $70.71.
What is IREN's market cap?
IREN was worth $7.68B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is IREN's P/E ratio?
IREN lost money over the twelve months to Sep 30, 2026 (diluted EPS -$3.80), so it has no meaningful P/E ratio.
How much revenue does IREN make?
IREN reported revenue of $694.71M for the twelve months to Sep 30, 2026, up 0.9% from a year earlier.
Does IREN pay a dividend?
No. IREN has not paid a cash dividend over the last twelve months.
When does IREN report earnings next?
IREN is expected to report Q2 FY2027 results on Feb 4, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has IREN stock performed over the past year?
Including dividends, IREN returned -65.0% over the past year, against +12.0% for the S&P 500.
How many IREN shares are sold short?
95M shares were sold short at the latest FINRA report, 26.08% of the float, or 1.7 days of average trading volume.
Who are IREN's competitors?
Companies most similar to IREN by business, industry and size include BTDR, MARA, RIOT, CLSK, HIVE.
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