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
Older periods Sep '25 Dec '25 Mar '26 Jun '26
P/E ratio

+8 more quarters

23.68 24.12 38.09 0.00
P/S ratio
18.45 14.87 15.11 20.45
P/FCF ratio
0.00 0.00 0.00 0.00
P/Operating CF
89.24 157.10 151.89 7.98
P/B ratio
4.42 4.48 4.29 3.45
Price to Tangible BV
4.42 4.68 4.48 3.77
EV/Sales
18.82 15.98 17.69 20.65
EV/EBITDA
14.40 14.03 16.38 330.84
EV/Operating CF
33.05 29.49 34.12 6.95
EV/FCF
(52.87) (19.04) (9.32) (16.71)
Quick Ratio
5.24 4.85 3.57 3.42
Current Ratio
5.52 4.96 3.72 3.55
Net Debt/EBITDA
(0.10) 31.32 53.08 (0.21)
Debt/Assets
22.62% 53.78% 52.86% 48.84%
Debt/Equity
0.34 1.51 1.44 1.84
Asset Turnover
0.25 0.17 0.16 0.08
Operating CF/Net income
0.37 (0.46) (0.30) (2.65)
Capex/Depreciation
(2.08) (6.39) (7.47) (11.51)
Interest Coverage
64.56 (7.94) (6.29) (32.87)
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
57.58% 54.55% 56.46% 93.46%
Intangible Assets out of Total Assets
0.00 0.02 0.02 0.02
Share Based Compensation of Revenue
30.13% 31.53% 21.75% 31.26%
Graham Net Nets
(0.02) (0.10) (0.19) (0.26)
Graham Number
21.77 17.23 12.72 0.00
Earnings Yield
4.22% 4.15% 2.63% (4.37%)
Free Cash Flow Yield
(1.93%) (5.65%) (12.56%) (6.04%)
Revenue per Share
0.89 0.62 0.43 0.43
Operating CF per Share
0.53 0.24 0.23 5.73
Capex per Share
(0.67) (2.17) (2.78) (4.20)
Free Cash Flow per Share
(0.14) (1.93) (2.55) 1.53
Cash per Share
3.81 10.94 6.63 23.93
Shareholders Equity per Share
10.63 8.43 7.98 13.24
Interest Debt per Share
0.00 0.00 0.00 0.00
Book value per Share
10.63 8.43 7.98 13.24
Free Cash Flow
(37.95) (575.62) (851.01) 483.21
Working Capital
920.20 2,701.29 1,773.13 5,665.08
Capital Expenditures
(180.31) (647.27) (926.34) (1,327.89)
Net Current Asset Value
(267.27) (1,132.96) (2,175.88) (3,718.25)
EV/EBIT
19.49 21.52 30.35 0.00
Capex to Sales
0.75 3.50 6.40 9.68
Price to Operating Income
19.11 20.02 25.93 0.00
Other line items
Average Receivables
29.71 36.93 67.89 13.16
Average Payables
136.32 360.42 317.05 984.75
Average Assets
2,774.29 4,439.83 4,627.33 9,365.18
Average Common Equity
2,002.86 1,898.73 2,045.05 3,001.55

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Columns are period end dates