IREN Limited, established in 2018 and based in Sydney, Australia, operates a comprehensive, vertically integrated data center business spanning Australia and Canada. The company possesses and manages all essential infrastructure, including its computing hardware, electrical systems, and the data center facilities themselves. A primary undertaking for IREN Limited is the mining of Bitcoin, a scarce digital asset created and exchanged via a decentralized, peer-to-peer computer network utilizing specialized Bitcoin software. The company was previously named Iris Energy Limited, officially adopting IREN Limited in November 2024.
IREN Ltd. (IREN) Stock Price & Market Analysis
IREN · NASDAQ · Software - Services
Market closedLatest available session print
$21.64
▲ +$3.61(+20.02%)4:00 PM ET - vs previous closeQuote as of Nov 6, 2026, 4:00 PM EST
Regular-session close · Nov 6, 2026, 4:00 PM EST.
Last session64%
$20.18L Nov 6 '26$22.46H Nov 6 '26
52-week range8%
$17.16L Nov 5 '26$70.71
Long-term rangesAvailable historyHide
Available history(2021-11-17)27%
$1.02L Dec 28 '22$76.87H Nov 5 '25
Historical range: 2021-11-17–2026-11-06. Earlier trading may not be included.
Loading price chart…
Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Feb 4, 2027Next earnings (est.)Estimated
Countdown
87 days out
Reported fundamentals
IREN financial overview
Annual revenue
USD 707.01M
Sales for the fiscal year ended Jun 30, 2026. This is not trailing twelve-month revenue.
Revenue change
+41.1%
Change versus the fiscal year ended Jun 30, 2025.
Net profit margin
-99.4%
Net income divided by revenue for the fiscal year ended Jun 30, 2026. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout IREN Ltd. (IREN)Sector, leadership, and how IREN Ltd. earns its revenue.Technology
IREN Ltd.
NASDAQ · IREN · AU
Company overview as of Nov 9, 2026.
- Sector
- Technology
- Industry
- Software - Services
- Headquarters
- Sydney, NSW, Australia
- Country
- AU
- Employees
- 685
- CEO
- Mr. William Roberts
- Exchange
- NASDAQ
Business model & operating resultsExplore business exposure, reported operating measures and the figures behind growth and profitability claims.
Narrative versus numbers
Demand is expanding
Supporting observation: 2757.1%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · Source timestamp: Sep 30, 2026
Growth produces accounting profit
Contradicting observation: -150.1%
Net margin; the source did not supply a reporting period. Do not compare this reading with the quarterly or fiscal-year figures above. A positive margin does not establish cash generation. · Source timestamp: Nov 9, 2026, 1:28 AM EST
The business generates cash after investment
Contradicting observation: USD -1.6B
Latest free cash flow from the statement feed. It is not a forecast and may cover a different period from the fiscal-year figures above. · Source timestamp: Sep 30, 2026
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $200.00Mquarter ended Sep 30, 2026
- Operating margin
- -93.0%quarter ended Sep 30, 2026
- EPS
- -$0.66quarter ended Sep 30, 2026
- Capital expenditure
- $2.13Bquarter ended Sep 30, 2026
- Free cash flow
- -$1.60Bquarter ended Sep 30, 2026
- Free cash flow margin
- -801.0%quarter ended Sep 30, 2026
- Revenue growth year over year
- 2757.1%quarter ended Sep 30, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-11-09 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
PortfolioReport data issue
Shortcuts
With research tools focused: / search · W watchlist · C compare · F financials · E earnings · N news · T technicals · Esc close
TECHi.com