← IREN Ltd IREN
Market Price
$44.04
Market Cap
$16.11B
P/E Ratio
112.92
Revenue (FY 2025)
↑167.7% YoY
$501.02M
3-Yr CAGR: 104.0%
Net Income
↑400.6% YoY
$86.94M
Net Margin: 17.4%
Free Cash Flow
↑23.3% YoY
-$327.57M
FCF Yield: -2.03%
EPS (Diluted)
↑234.5% YoY
$0.39
Basic: $0.41
Return on Equity
Efficiency
4.8%
ROA: 3.0%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (IREN)
All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
- FY 2021: Revenue YoY (+100.0%) is identical to Gross Profit YoY (+100.0%). Verify the underlying Revenue and Gross Profit values for FY 2021 and FY 2020.
| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2020 | $0.0M | — | $0.0M | $-1.7M | — | $-0.13 | — | $-1.0M | $-1.0M | — |
| FY 2021 | $0.0M | +100.0% | $0.0M | $-0.5M | +68.7% | $-2.93 | -2,102.7% | $1.8M | $1.8M | +278.4% |
| FY 2022 | $59.0M | +983,850.0% | $26.1M | $-419.8M | -80,008.8% | $-10.25 | -250.2% | $21.6M | $-272.7M | -15,585.0% |
| FY 2023 | $75.5M | +27.9% | $21.1M | $-171.8M | +59.1% | $-3.14 | +69.4% | $6.0M | $-110.0M | +59.7% |
| FY 2024 | $187.2M | +147.9% | $82.1M | $-28.9M | +83.2% | $-0.29 | +90.8% | $52.7M | $-427.2M | -288.3% |
| FY 2025 | $501.0M | +167.7% | $342.0M | $86.9M | +400.6% | $0.39 | +234.5% | $245.9M | $-327.6M | +23.3% |
Valuation
Market Price
$44.04
Market Cap
$16.11B
Enterprise Value
$16.51B
P/E Ratio
112.92
P/B Ratio
8.66
FCF Yield
-2.03%
Dividend Yield
0.00%
Shares Outstanding
Profitability & Margins
Gross Margin
68.27%
Operating Margin
3.46%
Net Margin
17.35%
Return on Equity (ROE)
4.78%
Return on Assets (ROA)
2.96%
Asset Turnover
0.17x
Revenue 3-Yr CAGR
103.98%
Financial Health & Liquidity
Current Ratio
1.08
Cash Ratio
13.32
Debt / Equity
0.531
Debt / Assets
0.328
Cash & Equivalents
$564.53M
Total Debt
$964.23M
Book Value / Share
$5.09
Cash Flow Efficiency
Operating Cash Flow
$245.89M
Capital Expenditures (CapEx)
$573.46M
Free Cash Flow
-$327.57M
OCF / Revenue
49.08%
FCF / Revenue
-65.38%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
$0.39
EPS (Basic)
$0.41
Dividends / Share
N/A
Book Value / Share
$5.09
EPS YoY Growth
234.48%
Balance Sheet (FY 2025)
Total Assets
$2.94B
Total Liabilities
$1.12B
Stockholders' Equity
$1.82B
Current Assets
$45.91M
Current Liabilities
$42.37M