stockrowIREN 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
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IREN Limited (IREN) Piotroski F-score
IREN Limited's Piotroski F-score for fiscal 2026 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed, down from 5 in fiscal 2025.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 3 | (2.00) |
| FY2025 | 5 | (1.00) |
| FY2024 | 6 | 0.00 |
| FY2023 | 6 | 1.00 |
| FY2022 | 5 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (7.50%) | 4.25% | Fail | 0 |
| Positive operating cash flow | 2.10b | 245.89m | Pass | 1 |
| Rising return on assets | (7.50%) | 4.25% | Fail | 0 |
| Cash flow above net income | 2.80b | 158.95m | Pass | 1 |
| Falling long-term leverage | 0.81 | 0.47 | Fail | 0 |
| Rising current ratio | 3.55 | 4.29 | Fail | 0 |
| No new shares issued | 316,123,000 | 214,587,000 | Fail | 0 |
| Rising gross margin | 68.92% | 68.27% | Pass | 1 |
| Rising asset turnover | 0.08 | 0.24 | Fail | 0 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 3 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| VIRT Virtu Financial, Inc. compare | 9 |
| FUTU Futu Holdings Limited Sponsored ADR compare | 7 |
| SF Stifel Financial Corporation compare | 7 |
| EVR Evercore Inc compare | 6 |
| XP XP Inc. compare | 6 |
| HLI Houlihan Lokey, Inc. compare | 5 |
| JEF Jefferies Financial Group Inc. compare | 4 |
| SNEX StoneX Group Inc. compare | 3 |
| IREN IREN Limited | 3 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover
More on IREN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement