IREN Limited

IREN Limited

22.50
EUR
-2.39
(-9.62%)
-1.75EPS
15.36BMarket Cap
Dec 01Next Earn

Total Valuation

EUR

As of June 30, 2026, IREN Limited carries a market capitalization of 15.36B, placing it among publicly traded companies globally. Its enterprise value stands at 17.06B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap15.36B
Enterprise Value17.06B

Important Dates

IREN Limited's next confirmed earnings release is scheduled for December 1, 2026.

Earnings Date12/1/2026

Share Statistics

As of June 30, 2026, IREN Limited has 380.19M shares outstanding.

Shares Outstanding380.19M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 21.48, and the price-to-book ratio stands at 4.19.

PS Ratio21.48
PB Ratio4.19
P/TBV Ratio4.58
P/FCF Ratio-7.24
P/OCF Ratio7.23

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 27.56 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 17.06B versus a market cap of 15.36B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales27.56

Financial Position

As of June 30, 2026, IREN Limited maintains a current ratio of 3.55, meaning it holds 3.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 187.30, indicating elevated leverage, while an interest coverage ratio of -12.50 demonstrates limited ability to service its debt obligations.

Current Ratio3.55
Quick Ratio2.68
Debt / Equity187.30
Debt / EBITDA-10.58
Interest Coverage-12.50

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, IREN Limited posted a negative return on equity (ROE) of -23.41, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -7.50, reflecting losses generated across the asset base. The company generates approximately 1.20M in revenue per employee across its workforce of 514.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)-23.41
Return on Assets (ROA)-7.50
Revenue Per Employee1.20M
Employee Count514.00

Taxes

EUR

Over the twelve months ended June 30, 2026, IREN Limited recorded an income tax benefit of -5.31M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -620.31M and -615.01M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-5.31M

Stock Price Statistics

EUR

As of the close on October 22, 2026, IREN Limited's stock has declined approximately 48.41% over the past 52 weeks. The 50-day moving average sits at 34.80, while the 200-day moving average is 39.37.

52-Week Price Change-48.41%
50-Day Moving Average34.80
200-Day Moving Average39.37

Income Statement

EUR

Over the twelve months ended June 30, 2026, IREN Limited generated 618.84M in revenue and converted that into -615.01M in net income, yielding earnings per share of -1.75. EBITDA reached -648.41M, while operating income came in at -331.52M.

Revenue618.84M
Gross Profit385.69M
Operating Income-331.52M
Pretax Income-620.31M
Net Income-615.01M
EBITDA-648.41M
EBIT-1.01B
Earnings Per Share (EPS)-1.75

Balance Sheet

EUR

As of June 30, 2026, IREN Limited holds 5.16B in cash and equivalents against 6.86B in total debt, resulting in a net debt position of 1.49B. Total book value stands at 3.66B, with working capital of 4.96B providing operational flexibility.

Cash & Cash Equivalents5.16B
Total Debt6.86B
Net Debt1.49B
Equity (Book Value)3.66B
Book Value Per Share9.64
Working Capital4.96B

Cash Flow

EUR

IREN Limited produced 1.84B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -3.80B in capital expenditures, free cash flow totaled -1.96B - equivalent to -5.97 per share.

Operating Cash Flow1.84B
Capital Expenditures-3.80B
Free Cash Flow-1.96B
FCF Per Share-5.97

Margins

Over the twelve months ended June 30, 2026, IREN Limited posted a gross margin of 62.32, reflecting its pricing power and cost economics. The operating margin of -53.57 and net profit margin of -99.38 provide insight into operational efficiency.

Gross Margin62.32
Operating Margin-53.57
Pretax Margin-100.24
Profit Margin-99.38
EBITDA Margin-104.78

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -13.81: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -55.18, meaning IREN Limited raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-55.18
FCF Yield-13.81

Scores

As of June 30, 2026, IREN Limited has an Altman Z-Score of 1.19, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.19