Saturday 17 October 2026 Export IREN’s income statement to Excel — free account

IREN Limited

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%

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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

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 12,280.00

Revenue 707.01

Net Income (702.62)

Free Cash Flow (873.81)

Net Debt 145.56

Current Ratio 3.55

Debt/Equity 1.84

P/E ratio 0.00

Fwd P/E 1,228.00

P/S ratio 12.02

P/B ratio 2.03

Past 5Y EPS Growth —

This Y EPS Growth 14.22%

Next Y EPS Growth 97.45%

Next Y revenue growth 377.49%

Next 5Y EPS Growth 21.65%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 73.01%

10-year low 10-year high

P/B against its own 10 years 71.32%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	69	411	565	7,566
Receivables	7	29	4	22
Inventory	—	—	—	—
Other	14	—	27	36
	89	452	641	7,886

	2023	2024	2025	2026
Payables	17	45	144	1,825
ST’ Debt	0	—	—	169
Other	6	1	4	54
	24	51	149	2,221

Compound Annual Growth %

	10y	5y	3y
Sales	—	142.17%	105.13%
Cash Flow	—	312.39%	603.02%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	139.32%

Revenue $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	240	185	145	137	707
’25	53	116	145	187	501
’24	34	43	54	56	187
’23	—	14	16	—	82
’22	11	20	15	14	59
’21	1	—	—	—	8

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	142	72	75	1,811	2,100
’25	(4)	54	93	103	246
’24	4	17	(103)	134	52
’23	—	(6)	5	—	6
’22	5	5	4	8	22
’21	0	—	—	2	2

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	(38)	(576)	(851)	483	(981)
’25	(109)	(78)	(50)	(80)	(316)
’24	(5)	(5)	(184)	105	(90)
’23	—	(44)	(20)	—	(78)
’22	(3)	(6)	(24)	(29)	(62)
’21	0	—	—	(7)	(6)

Fiscal quarters ending in the months shown.

EPS $

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	1.08	(0.52)	(0.74)	(2.16)	(2.22)
’25	(0.27)	(0.10)	(0.07)	0.66	0.39
’24	(0.08)	(0.07)	0.08	(0.21)	(0.29)
’23	—	(2.71)	(0.06)	—	(3.14)
’22	(23.74)	1.44	(0.05)	12.10	(10.25)
’21	(0.01)	—	—	—	(2.93)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	—	—	—	—	12.50	1.02	1.15	3.56	5.13	26.55	Analyst estimates 2027–2029 Powerpack
	High	—	—	—	—	28.25	17.97	9.69	15.92	76.87	70.71
People
People	Employees	—	—	—	—	39	21	100	144	257	685
	Revenue/emp, $m	—	—	—	0.00	0.22	2.81	0.82	1.30	1.95	1.03
Income, $m
Income, $m	Revenue	—	—	—	2	8	59	82	187	501	707
	Gross margin, %	—	—	—	(37.21)	100.00	100.00	100.00	53.49	68.27	68.92
	EBT	—	—	—	(2)	(59)	(417)	(169)	(25)	94	(709)
	EBT margin, %	—	—	—	(96.96)	(696.88)	(706.27)	(206.93)	(13.60)	18.66	(100.24)
	Net income	—	—	—	(2)	(60)	(420)	(172)	(29)	87	(703)
	Depreciation	—	—	—	1	1	8	31	50	183	427
Per share, $
Per share, $	Revenue	—	—	—	0.04	0.41	1.44	1.50	1.88	2.33	2.24
	Earnings	—	—	—	(0.04)	(2.93)	(10.25)	(3.14)	(0.29)	0.41	(2.22)
	Cash flow	—	—	—	(0.02)	0.09	0.53	0.11	0.52	1.15	6.64
	Capex	—	—	—	0.00	(0.35)	(2.04)	(1.53)	(1.42)	(2.62)	(9.75)
	Free cash flow	—	—	—	(0.02)	(0.27)	(1.52)	(1.42)	(0.90)	(1.47)	(3.10)
	Book value	—	—	—	0.16	(2.40)	10.68	5.57	11.01	8.47	13.24
	Shares, m	—	—	—	55	21	41	55	100	215	316
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.53	0.00	49.86	0.00
	P/S	—	—	—	0.00	0.00	2.32	4.26	6.72	6.24	20.45
	P/B	—	—	—	0.00	0.00	0.31	0.82	1.15	1.72	3.45
	EV/Sales	—	—	—	0.00	0.00	2.29	4.35	4.92	7.68	20.65
	EV/FCF	—	—	—	0.00	0.00	(2.18)	(2.18)	(10.28)	(12.16)	(16.71)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	(1)	2	22	6	52	246	2,100
	Capex	—	—	—	(4)	(7)	(84)	(84)	(142)	(562)	(3,082)
	Free cash flow	—	—	—	(1)	(6)	(62)	(78)	(90)	(316)	(981)
Balance, $m
Balance, $m	Working capital	—	—	—	0	(130)	75	65	401	492	5,665
	Total debt	—	—	—	2	84	108	1	1	963	7,711
	Net debt	—	—	—	0	45	(2)	(67)	(410)	398	146
	Shareholders’ equity	—	—	—	9	(49)	437	305	1,097	1,817	4,186
Returns, %
Returns, %	ROA	—	—	—	(2.90)	(82.72)	(119.10)	(38.09)	(3.90)	4.25	(7.50)
	ROIC	—	—	—	0.00	0.00	0.07	(11.05)	(2.42)	0.58	(5.53)
	ROE	—	—	—	10.42	296.99	(216.43)	(46.28)	(4.12)	5.97	(23.41)

Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
XP XP Inc.	$15.5B	15.1×	7.5×	+22.04% (above 0%: growing)	+23.26% (above 0%: growing)	−127.08% (below 0%: shrinking)	100.00%	34.50%	Compare
BMNR BitMine Immersion Technologies, Inc.	$14.1B	— (loss-making)	— (loss-making)	+2,167.79% (above 0%: growing)	n/m	−126,594.81% (below 0%: shrinking)	87.70%	(25.50%)	Compare
IREN IREN Limited	$12.3B	— (loss-making)	1,228×	−26.73% (below 0%: shrinking)	n/m	+705.74% (above 0%: growing)	75.71%	(585.97%)
FUTU Futu Holdings Limited Sponsored ADR	$10.5B	10.3×	10.9×	+35.71% (above 0%: growing)	+42.98% (above 0%: growing)	+443.45% (above 0%: growing)	86.31%	61.99%	Compare
SF Stifel Financial Corporation	$10.4B	11.4×	12.5×	+12.97% (above 0%: growing)	+50.00% (above 0%: growing)	−90.85% (below 0%: shrinking)	98.96%	20.64%	Compare
JEF Jefferies Financial Group Inc.	$10.3B	12.1×	15.6×	+8.52% (above 0%: growing)	+3.85% (above 0%: growing)	+1,917.32% (above 0%: growing)	98.97%	24.82%	Compare
EVR Evercore Inc	$9.9B	13.2×	19.5×	+19.15% (above 0%: growing)	−1.59% (below 0%: shrinking)	+25.04% (above 0%: growing)	99.69%	17.65%	Compare
HUT Hut 8 Corp.	$9.4B	— (loss-making)	— (loss-making)	+81.44% (above 0%: growing)	n/m	−535.81% (below 0%: shrinking)	11.10%	(275.36%)	Compare
HLI Houlihan Lokey, Inc.	$9.0B	21.3×	19.2×	−15.54% (below 0%: shrinking)	−20.41% (below 0%: shrinking)	−135.86% (below 0%: shrinking)	34.83%	15.26%	Compare
Median of peers	$10.3B	12.7×	14.1×	+20.60%	+13.56%	−108.96%	93.33%	19.15%

All 93 Capital Markets stocks →

IREN Limited (IREN) key facts

Strength: IREN Limited’s revenue for fiscal 2026 (year ended June 2026) was $707.0 million, up 41.1% from fiscal 2025.
IREN Limited (IREN) is a Capital Markets company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, IREN traded at $26.89, a market capitalization of $12.3 billion.
Return on equity was −23.4% and debt-to-equity 1.84.
Its Piotroski F-score is 3 out of 9 for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.