IREN Limited

IREN Financial Capital Markets

IREN Limited’s revenue for fiscal 2026 (year ended June 2026) was $707.0 million, up 41.1% from fiscal 2025. In the quarter to June 2026, revenue fell 26.7%, EPS fell 391.9%, free cash flow grew 705.7% and total debt rose 701.0%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

26.89 3.50 −11.52%
Market cap
$12.3B
P/E
0.0×
Fwd P/E
1,228×
Dividend yield
—
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Jun '20 Jun '21 Jun '22 Jun '23 Jun '24 Jun '25 Jun '26
Piotroski F-Score
— — 5 6 6 5 3
P/E ratio
0.00 0.00 0.00 0.53 0.00 49.86 0.00
P/S ratio
0.00 0.00 2.32 4.26 6.72 6.24 20.45
P/FCF ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/Operating CF
104.61 104.61 17.70 47.41 9.40 30.31 7.98
P/B ratio
0.00 0.00 0.31 0.82 1.15 1.72 3.45
Price to Tangible BV
0.00 0.00 0.31 0.82 1.15 1.72 3.77
EV/Sales
0.00 0.00 2.29 4.35 4.92 7.68 20.65
EV/EBITDA
0.00 0.00 285.80 0.00 0.00 18.94 330.84
EV/Operating CF
0.00 0.00 6.28 22.96 17.63 15.65 6.95
EV/FCF
0.00 0.00 (2.18) (2.18) (10.28) (12.16) (16.71)
Quick Ratio
0.83 0.23 1.57 3.14 8.63 3.81 3.42
Current Ratio
0.93 0.24 1.88 3.72 8.86 4.29 3.55
Net Debt/EBITDA
(0.01) 32.92 (0.20) 6.02 (17.17) 1.96 3.30
Debt/Assets
17.04% 62.34% 18.98% 0.44% 0.12% 32.74% 48.84%
Debt/Equity
0.22 (1.69) 0.25 0.00 0.00 0.53 1.84
Asset Turnover
0.03 0.12 0.17 0.18 0.25 0.24 0.08
Operating CF/Net income
0.46 (0.03) (0.05) (0.04) (1.81) 2.83 (2.99)
Capex/Depreciation
0.00 (5.83) (10.80) (2.71) (2.81) (3.08) (7.21)
Interest Coverage
(31.63) 0.00 0.00 (2.57) (271.47) 1.86 (6.46)
ROE
10.42% 296.99% (216.43%) (46.28%) (4.12%) 5.97% (23.41%)
ROA
(2.90%) (82.72%) (119.10%) (38.09%) (3.90%) 4.25% (7.50%)
ROIC
0.00% 0.00% 0.07% (11.05%) (2.42%) 0.58% (5.53%)
Return on Tangible Assets
(25.79%) 52.93% (130.08%) (56.11%) (3.43%) 3.59% (5.66%)
Average Days of Receivables
55.43 34.10 146.21 29.16 57.26 3.02 11.45
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
39.94% 9.48% 23.53% 17.53% 37.62% 27.24% 63.52%
Intangible Assets out of Total Assets
0.05 0.00 0.00 0.00 0.00 0.00 0.02
Share Based Compensation of Revenue
0.00% 9.48% 23.53% 17.53% 12.63% 8.51% 29.00%
Graham Net Nets
(1.38) (1.38) 0.20 0.25 0.32 (0.15) (0.26)
Graham Number
0.00 0.00 0.00 0.00 0.00 7.46 0.00
Earnings Yield
(139.47%) (139.47%) (306.10%) 188.29% (2.31%) 2.01% (4.37%)
Free Cash Flow Yield
0.00% 0.00% (45.25%) (46.83%) (7.12%) (10.12%) (6.04%)
Revenue per Share
0.04 0.41 1.44 1.50 1.88 2.33 2.24
Operating CF per Share
(0.02) 0.09 0.53 0.11 0.52 1.15 6.64
Capex per Share
0.00 (0.35) (2.04) (1.53) (1.42) (2.62) (9.75)
Free Cash Flow per Share
(0.02) (0.27) (1.52) (1.42) (0.90) (1.47) (3.10)
Cash per Share
0.04 1.89 2.69 1.26 4.13 2.63 23.93
Shareholders Equity per Share
0.16 (2.40) 10.68 5.57 11.01 8.47 13.24
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
0.16 (2.40) 10.68 5.57 11.01 8.47 13.24
Free Cash Flow
(0.97) (5.54) (62.06) (77.53) (89.59) (316.40) (981.38)
Working Capital
(0.19) (130.03) 75.15 65.23 401.31 491.83 5,665.08
Capital Expenditures
(4.34) (7.30) (83.61) (83.58) (141.81) (562.28) (3,081.80)
Net Current Asset Value
(0.19) (143.49) 27.16 62.52 397.04 (481.66) (3,718.25)
EV/EBIT
0.00 0.00 285.80 0.00 0.00 187.23 0.00
Capex to Sales
0.00 0.86 1.42 1.02 0.76 1.12 4.36
Price to Operating Income
0.00 0.00 289.35 0.00 0.00 152.16 0.00
Other line items
Depreciation/Fixed assets
0.09 0.08 0.03 0.13 0.11 0.09 0.06
Cash ROIC
(7.61%) (7.55%) (9.47%) (20.64%) (5.93%) (9.46%) (5.04%)
Accounts Receivable Turnover
3.88 15.09 4.83 5.42 10.43 29.90 53.71
Accounts Payable Turnover
6.94 7.20 2.92 5.58 2.80 1.68 0.22
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
38.72 78.92 236.35 61.45 190.72 330.85 3,032.54
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
0.56 0.56 12.22 15.10 17.95 16.76 13.16
Average Payables
0.43 0.72 9.97 17.73 31.07 94.80 984.75
Average Assets
73.16 73.01 352.46 451.27 742.45 2,046.57 9,365.18
Average Common Equity
(20.33) (20.33) 193.95 371.36 701.42 1,457.48 3,001.55

Fold the line items

Columns are period end dates