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Profile

IREN Ltd. (IREN) stock profile and business model

What IREN Ltd. does, how the business earns money, and how valuation, peers, ownership, and risk shape the TECHi profile.

Section freshness

Prices as of Sep 18, 4:00 PM EDT · Fundamentals checked Sep 20, 7:28 AM EDT · Statements Jun 30, 2026

Investor profile snapshot

IREN live price, business model and key metrics

Start with the live market print, then use this profile to connect IREN Ltd.'s operating model with revenue, margins, peer context, and investor risk.

Market closedLatest regular-session print

$46.68

+$3.20(+7.36%)4:00 PM ET - vs previous closei

Quote as of Sep 18, 2026, 4:00 PM EDT

NASDAQ market is closed. Showing the latest available regular-session trade from Sep 18, 2026, 4:00 PM EDT.

Market data source

Today98%
$43.36L Sep 18 '26$46.74H Sep 18 '26
52-week37%
$28.93$76.87
Long-term ranges5Y, Since first print
5Y60%
$1.02L Dec 28 '22$76.87H Nov 5 '25
Since first print60%
$1.02L Dec 28 '22$76.87H Nov 5 '25

1Y · USD · 255 pts

$46.68

Last close · Sep 26

+25.69%Open summary
Market-data preview · Sep 25 to Sep 261-year price range
IREN one-year price chartServer-rendered SVG chart showing IREN price history.
1Y High$76.871Y Low$28.93

IREN one-year SVG chart preview from 2025-09-15 to 2026-09-18.

Live price

$46.68

Live during market hours

Market cap

$18.39B

Equity scale

Analyst view

Buy

Target $80.21 (+71.82% implied)

Company · Profile

About IREN Ltd. (IREN)

Sector, leadership, and how IREN Ltd. earns its revenue.

IREN Ltd.

Market · IREN

IREN Ltd. is tracked through live quote data, fundamentals, historical prices, analyst views, and TECHi's source-attributed stock-data layer.

Headquarters
Sydney, NSW, Australia
Founded
2021

Business identity

IREN Ltd. company facts and operating footprint

IREN Ltd. is tracked through live quote data, fundamentals, historical prices, analyst views, and TECHi's source-attributed stock-data layer.

Headquarters
Sydney, NSW, Australia
Founded
2021
Registration and filing identifiersShow
Asset type
Common Stock
Latest quarter
Jun 30, 2026

Key metrics

IREN valuation, revenue and margin profile

Full statistics
Market cap
$18.39B
Equity scale
Revenue TTM
$707.01M
Trailing twelve months
Net margin
-99.38%
Profit after expenses
Revenue growth
-26.73%
Latest YoY quarter
Free cash flow
$482.24M
Reported in USD

Margin quality snapshot

Operating margin-148.05%
Net margin-99.38%

Competitors

IREN competitors and peer context

Peer data is limited for this ticker.

Risk heatmap

IREN business risks investors should monitor

Valuation sensitivity

Monitor

Multiple pending

Use the forward P/E and PEG context before treating the profile as cheap or expensive.

Balance-sheet flexibility

Monitor

D/E 1.81 · CR 3.55

Debt load and near-term liquidity shape how much strategic patience the company has.

Growth durability

Elevated

-26.73%

Latest YoY revenue growth is the first check on whether the business model is still expanding.

Market sensitivity

High

Beta 4.29

Higher beta can amplify drawdowns when rates, earnings expectations, or sector appetite shift.

Regulatory and operating pressure

Monitor

Sector pending

Industry rules, supply chains, customer concentration, and macro demand remain the main operating risks to monitor.

IREN ownership and registration profile

Float shares
346.18M
Insider ownership
3.26%
Institutional ownership
59.21%
Address
55 Market Street, Sydney, NSW, 2000, Australia

Size & scale

Market cap
$18.39B
Enterprise value
$20.09B
Shares outstanding
357.38M
Currency
USD

Frequently asked

Common questions.

Where does TECHi source the IREN profile?

IREN profile facts come from company filings and TECHi's market-data providers; any detail that is not available is left blank rather than inferred.