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

21.70 3.67 +20.35%
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) valuation and DCF model

What the price implies · reverse DCF

IREN Limited is not valued here: a bank or insurer is valued on its dividend, and it pays none.

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Capital Markets).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E — 25.20× 25.20× — 14.35× —
P/B 1.41× 1.71× 1.48× 4% below 1.36× 4% above
EV/EBITDA — 211.86× 211.86× — 3.38× —
EV/Sales — 7.98× 7.98× — 3.90× —
3.85×8.94×14.04×19.14×10Y avg 7.98×20222023202420252026

EV/Sales has no reading today; its 10-year average is 7.98×.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.