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.

Revenue
−26.7%
EPS
−391.9%
Free cash flow
+705.7%
Total debt
+701.0%

Quarter to June 2026, against a year earlier

21.40 3.37 +18.69%
Market cap
$7.3B
P/E
0.0×
Fwd P/E
−12.5×
Dividend yield
—
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

IREN Limited (IREN) Debt to equity

Alert me on Debt to equity

IREN Limited's debt to equity at the end of the quarter to 30 June 2026 was 1.8×. Over the past ten years it has ranged from −1.7× (fiscal 2021) to 1.8× (fiscal 2026) — the current reading is the highest in ten years. That is above the Capital Markets industry median of 0.1× and above the Financial sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 1.8× 247.82%
FY2025 0.5× 40,646.15%
FY2024 0.0× (72.34%)
FY2023 0.0× (98.10%)
FY2022 0.2× —
FY2021 −1.7× —
FY2020 0.2× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 1.8× 27.85%
Mar 2026 1.4× (4.25%)
Dec 2025 1.5× 348.45%
Sep 2025 0.3× (36.64%)
14 more quarters

Against its own ten years

Low −1.7× High 1.8×
Ten-year median 0.2×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
HLI Houlihan Lokey, Inc. compare 0.0×
XP XP Inc. compare 0.1×
EVR Evercore Inc compare 0.2×
SF Stifel Financial Corporation compare 0.3×
FUTU Futu Holdings Limited Sponsored ADR compare 0.4×
VIRT Virtu Financial, Inc. compare 0.9×
SNEX StoneX Group Inc. compare 1.4×
IREN IREN Limited 1.8×
JEF Jefferies Financial Group Inc. compare 2.1×
Capital Markets industry median 0.1×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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