IREN Limited
NASDAQ Global SelectRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- IREN Limited operates as a vertically integrated data center company specializing in high-performance, power-dense computational infrastructure powered by 100% renewable energy. The company owns and operates next-generation data centers primarily in Australia and Canada, offering facilities optimized for Bitcoin mining, artificial intelligence (AI) cloud services, GPU clusters, colocation, and build-to-suit infrastructure for scalable compute. Core products and services include data center colocation; AI cloud services with large-scale GPU clusters; mining hardware operation and management for Bitcoin; and electrical infrastructure to support reliable, grid-connected service powered by clean or renewable energy sources. IREN Limited was incorporated in 2018 and is headquartered in Sydney, Australia. The company targets clients requiring sustainable, high-capacity computational resources for AI training, inference, and digital asset mining. Notably, the company underwent a name change from Iris Energy Limited to IREN Limited in November 2024 to reflect its strategic expansion beyond Bitcoin mining into broader AI and high-performance computing markets. Recent major developments include the launch of new AI data center contracts aimed at accelerating growth in AI and cloud services. In 2025, IREN executed significant capital market activities including a $1.6 billion share offering and a $2 billion private convertible notes issuance, with proceeds used for debt repurchases and corporate needs, enhancing financial flexibility. The company has also expanded its digital infrastructure footprint with projects such as the Childress and Sweetwater sites in North America to support its digital transformation and vertical integration strategy. IREN's commitment to renewable energy-powered data centers positions it as a leader in sustainable high-performance computing infrastructure. Overall, IREN Limited operates within the capital markets and technology sectors, delivering sustainable data center and compute infrastructure solutions to enterprise and institutional customers across Australia and North America, with a growing focus on AI-focused cloud services and digital asset mining.
Company News
IREN (NASDAQ:IREN) Stock Price Up 7.4% – Should You Buy?
IREN Shares Rise as Northland Targets $99
Why Is IREN Stock Surging Thursday?
IREN Climbs 6%, Nebius Jumps 10% as GPU Rental Rates Head Higher; CoreWeave Slips
IREN Limited's Next AI Breakout Depends On This
IREN Rebounds After Earnings Dip: Time to Buy or Hold the Stock?
Cipher Digital Surges 9% on Conditional ERCOT Status for 3.2 GW of Texas Capacity; Core Scientific Rises 4%, IREN Nudges Higher
Calls for Slower AI Development Have Created a Compelling Dip for AI Stocks
AI Infrastructure: The Trillion-Dollar Market Growing Behind the AI Revolution
IREN falls 5% despite CEO's bullish AI supply warning
IREN Stock Is Volatile Monday: What's Happening?
IREN, Nebius, CoreWeave: Here's why these neocloud stocks are falling
IREN's Latest Deal Just Became More Than a Promise
Here Are Monday’s Top Wall Street Analyst Research Calls: Accenture, Chime Financial, Crown Castle, Dick’s Sporting Goods, EchoStar Corporation, GE Vernova, Honeywell Aerospace, IREN Limited, and More
Iren Stock Receives Double Upgrade to Buy. Why the AI Opportunity Underpins 48% Upside View.
Bitcoin Miners Are Turning Into AI Landlords. These 3 Stocks Are Riding the Pivot
Iren's Sweetwater Announcement Hints at a Larger Gigawatt Pipeline Than the Public Number
Arlington Capital Management Inc. Sells 94,760 Shares of IREN Limited $IREN
Is Iren Stock a Buy Now?
Could IREN Become the Next Nvidia-Backed AI Winner?