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

Fold the line items

Columns are period end dates