IREN LtdIREN
Price (close)
$46.15
Market cap
$16.5B
P/E
—
Revenue (TTM)
$707.0M
Net income
-$702.6M
Dividend yield
—
1-year total return
-0.3%
Net margin
-99.4%
Revenue growth
41.1%
Debt / equity
1.81x
What IREN Ltd does.
IREN is a vertically integrated AI Cloud Services platform, delivering data centers, compute and software for AI training and inference.
We own and operate all three layers of the AI Cloud Services stack: the data center layer, the compute layer and the software layer.
• The data center layer includes the land, power, substations, buildings and cooling that form the physical foundation of our AI Cloud Services platform.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $7.9M | $59.0M | $75.5M | $187.2M | $501.0M | $707.0M |
| Net income | -$60.4M | -$419.8M | -$171.8M | -$28.9M | $86.9M | -$702.6M |
| Free cash flow | -$5.5M | -$121.1M | -$110.3M | -$89.6M | -$327.6M | -$897.6M |
More on IREN.
- IREN Ltd summary
- IREN Ltd financial statements
- IREN Ltd key metrics
- IREN Ltd health scores and style box
- IREN Ltd earnings
- IREN Ltd dividends
- IREN Ltd valuation
- IREN Ltd ownership and insiders
- IREN Ltd peers
Figures from IREN Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.