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IREN Quote, Financials, Valuation and Earnings

Last price:
$41.99
Seasonality move :
14.1%
Day range:
$40.85 - $42.89
52-week range:
$5.13 - $76.87
Dividend yield:
0%
P/E ratio:
21.40x
P/S ratio:
16.37x
P/B ratio:
4.14x
Volume:
10.7M
Avg. volume:
37.6M
1-year change:
255.46%
Market cap:
$11.9B
Revenue:
$495.8M
EPS (TTM):
$1.96
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Revenue $5.9M $42.8M $75.5M $185.8M $495.8M
Revenue Growth (YoY) 169.58% 626.7% 76.37% 146.04% 166.89%
 
Cost of Revenues $5.2M $29.1M $98.9M $137.5M $340.1M
Gross Profit $720.6K $13.8M -$23.4M $48.2M $155.7M
Gross Profit Margin 12.23% 32.14% -30.93% 25.97% 31.4%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $1.1M $13.4M $19.8M $21.5M $127.2M
Other Inc / (Exp) -$42.4M $7.9M -$105.6M -$3.9M --
Operating Expenses $1.1M $13.4M $25.1M $69M $132.8M
Operating Income -$358.1K $335K -$48.4M -$20.8M $22.9M
 
Net Interest Expenses $45.6M $308.5M $16.4M $98K $11M
EBT. Incl. Unusual Items -$44.1M -$302.4M -$169.5M -$25.5M $93.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $924.2K $2M $2.4M $3.5M $6.6M
Net Income to Company -$44.1M -$302.4M -$169.5M -$28.9M $86.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$45M -$304.4M -$171.9M -$28.9M $86.9M
 
Basic EPS (Cont. Ops) -$2.18 -$7.44 -$3.14 -$0.29 $0.41
Diluted EPS (Cont. Ops) -$2.18 -$7.44 -$3.14 -$0.29 $0.39
Weighted Average Basic Share $20.6M $40.9M $54.8M $99.6M $214.6M
Weighted Average Diluted Share $20.6M $40.9M $54.8M $99.6M $223.2M
 
EBITDA $575.9K $5.9M -$17.6M $29.7M $204M
EBIT -$358K $335K -$48.4M -$20.8M $22.9M
 
Revenue (Reported) $5.9M $42.8M $75.5M $185.8M $495.8M
Operating Income (Reported) -$358.1K $335K -$48.4M -$20.8M $22.9M
Operating Income (Adjusted) -$358K $335K -$48.4M -$20.8M $22.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $10.5M -- $34.4M $52.8M $240.3M
Revenue Growth (YoY) 1212.52% -- 176.86% 53.4% 355.42%
 
Cost of Revenues $3.5M -- $38.9M $65.8M $165.9M
Gross Profit $7M -- -$4.5M -$13M $74.4M
Gross Profit Margin 66.55% -- -12.96% -24.69% 30.96%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $4M -- $4M $8.9M $135.2M
Other Inc / (Exp) -$472.7M -- $5.1M -$13.5M --
Operating Expenses $4M -- $5.9M $25.2M $138.4M
Operating Income $3M -- -$10.3M -$38.2M -$64M
 
Net Interest Expenses $500.8M -- $33K $22K $9.3M
EBT. Incl. Unusual Items -$495.4M -- -$4.5M -$50.4M $575.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $3.1M -- $821K $1.3M $190.7M
Net Income to Company -- -- -- -$51.7M $384.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$498.6M -- -$5.3M -$51.7M $384.6M
 
Basic EPS (Cont. Ops) -$9.06 -- -$0.08 -$0.27 $1.42
Diluted EPS (Cont. Ops) -$9.06 -- -$0.08 -$0.27 $1.08
Weighted Average Basic Share $55M -- $65.3M $189.3M $270.7M
Weighted Average Diluted Share $55M -- $65.3M $189.3M $361.7M
 
EBITDA $3.7M -- -$2.7M -$4.3M $21.3M
EBIT $3M -- -$10.3M -$38.2M -$64M
 
Revenue (Reported) $10.5M -- $34.4M $52.8M $240.3M
Operating Income (Reported) $3M -- -$10.3M -$38.2M -$64M
Operating Income (Adjusted) $3M -- -$10.3M -$38.2M -$64M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $17.4M -- $89.4M $205.6M $685.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $3.1M -- $110.3M $205.8M $471.7M
Gross Profit $7M $23.1M -$20.9M -$220K $213.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $4M $198.9K $12.5M $37.6M $209.3M
Other Inc / (Exp) -$515.4M -- -$99.5M -$23.2M --
Operating Expenses $10.6M -- $42.1M $56.3M $216.3M
Operating Income $3.7M -- -$63M -$56.5M -$2.7M
 
Net Interest Expenses $500.8M $16.9M $12.8M $241K $28.6M
EBT. Incl. Unusual Items -$495.4M $69.4M -$158.5M -$71.4M $800.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $4.3M -- $772K $3.9M $195.9M
Net Income to Company -- -- -- -- --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$547.1M -- -$159.2M -$75.4M $604.6M
 
Basic EPS (Cont. Ops) -$1.13 -- -$2.96 -$0.41 $2.31
Diluted EPS (Cont. Ops) -$9.06 $1.26 -$2.96 -$0.41 $1.96
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$512.6M -- -$32M $20.5M $230M
EBIT $3M $6.6M -$63M -$56.5M -$2.7M
 
Revenue (Reported) $17.4M -- $89.4M $205.6M $685.3M
Operating Income (Reported) $3.7M -- -$63M -$56.5M -$2.7M
Operating Income (Adjusted) $3M $6.6M -$63M -$56.5M -$2.7M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $10.5M -- $34.4M $52.8M $240.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $3.5M -- $38.9M $65.8M $165.9M
Gross Profit $7M -- -$4.5M -$13M $74.4M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $4M -- $4M $8.9M $135.2M
Other Inc / (Exp) -$472.7M -- $5.1M -$13.5M --
Operating Expenses $4M -- $5.9M $25.2M $138.4M
Operating Income $3M -- -$10.3M -$38.2M -$64M
 
Net Interest Expenses $500.8M -- $33K $22K $9.3M
EBT. Incl. Unusual Items -$495.4M -- -$4.5M -$50.4M $575.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $3.1M -- $821K $1.3M $190.7M
Net Income to Company -- -- -- -$51.7M $384.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$498.6M -- -$5.3M -$51.7M $384.6M
 
Basic EPS (Cont. Ops) -$9.06 -- -$0.08 -$0.27 $1.42
Diluted EPS (Cont. Ops) -$9.06 -- -$0.08 -$0.27 $1.08
Weighted Average Basic Share $55M -- $65.3M $189.3M $270.7M
Weighted Average Diluted Share $55M -- $65.3M $189.3M $361.7M
 
EBITDA $3.7M -- -$2.7M -$4.3M $21.3M
EBIT $3M -- -$10.3M -$38.2M -$64M
 
Revenue (Reported) $10.5M -- $34.4M $52.8M $240.3M
Operating Income (Reported) $3M -- -$10.3M -$38.2M -$64M
Operating Income (Adjusted) $3M -- -$10.3M -$38.2M -$64M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Cash and Equivalents $29.3M $75.6M $68.9M $411.1M $564.5M
Short Term Investments -- -- -- $6.5M --
Accounts Receivable, Net -- -- -- $152K $1.6M
Inventory -- -- -- -- --
Prepaid Expenses $369.4K $5.3M $11.4M $9.8M $33M
Other Current Assets -- -- -- -- --
Total Current Assets $30.4M $110.2M $89.2M $452.4M $641.2M
 
Property Plant And Equipment $13M $171.1M $242.5M $442.7M $1.9B
Long-Term Investments -- -- -- -- $333.7M
Goodwill $659K $634K -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- $338K $292K $427K --
Total Assets $101M $392.3M $332.1M $1.2B $3.1B
 
Accounts Payable $409.2K $9.1M $11.5M $27.3M $81.7M
Accrued Expenses $291K $5.4M $2.9M $4.4M --
Current Portion Of Long-Term Debt $68.8M $60.4M -- -- --
Current Portion Of Capital Lease Obligations $5K $81K $192K $214K --
Other Current Liabilities $96.7M -- -- -- --
Total Current Liabilities $128M $58.5M $24M $51.1M $149.3M
 
Long-Term Debt $8.9M $32.9M $1.3M $1M $963.8M
Capital Leases -- -- -- -- --
Total Liabilities $138.1M $91.5M $26.7M $81.4M $1.3B
 
Common Stock $7.8M $637.2M $965.9M $1.8B $2.4B
Other Common Equity Adj -- -- -- -- --
Common Equity -$37.1M $300.8M $305.4M $1.1B $1.8B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$37.1M $300.8M $305.4M $1.1B $1.8B
 
Total Liabilities and Equity $101M $392.3M $332.1M $1.2B $3.1B
Cash and Short Terms $29.3M $75.6M $68.9M $411.1M $564.5M
Total Debt $8.9M $32.9M $1.4M $1M $963.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $85.6M -- -- $98.6M $1B
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- $126K $24.1M
Inventory -- -- -- -- --
Prepaid Expenses $871.9K -- -- $24.4M $40.2M
Other Current Assets -- -- -- -- --
Total Current Assets $88.8M -- -- $158.8M $1.1B
 
Property Plant And Equipment $32.6M -- -- $968.4M $2.1B
Long-Term Investments -- -- -- -- $995.8M
Goodwill $639.4K -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- $581K --
Total Assets $252M -- -- $1.3B $4.3B
 
Accounts Payable $2.7M -- -- $120.8M $70.9M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $189.6M -- -- -- --
Current Portion Of Capital Lease Obligations $5K -- -- $368K --
Other Current Liabilities $567.2M -- -- -- --
Total Current Liabilities $770.6M -- -- $146M $203.7M
 
Long-Term Debt $13.7M -- -- $2.2M $965.2M
Capital Leases -- -- -- -- --
Total Liabilities $787.5M -- -- $151.7M $1.4B
 
Common Stock $11.6M -- -- $1.8B $3B
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$535.5M -- -- $1.1B $2.9B
 
Total Liabilities and Equity $252M -- -- $1.3B $4.3B
Cash and Short Terms $85.6M -- -- $98.6M $1B
Total Debt $13.7M -- -- $2.6M $965.2M
Period Ending 2021-06-30 2022-06-30 2023-06-30 2024-06-30 2025-06-30
Net Income to Stockholders -$44.1M -$302.4M -$169.5M -$28.9M $86.9M
Depreciation & Amoritzation $933.9K $5.6M $30.9M $50.5M $181.1M
Stock-Based Compensation $600.5K $10.1M $14.4M $23.6M $42.6M
Change in Accounts Receivable -$310.3K -$52.2K $17.6M -$5.6M -$12.2M
Change in Inventories -- -- -- -- --
Cash From Operations $1.3M $15.6M $6M $52.2M $245.9M
 
Capital Expenditures $5.4M $60.7M $116.1M $479.9M $1.4B
Cash Acquisitions -- -- $1.2M -- --
Cash From Investing -$60.7M -$230.7M -$71.5M -$498.5M -$1.4B
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $17.1M $65.2M -- -- --
Long-Term Debt Repaid -$2.2M -$12.1M -$9.8M -$497K --
Repurchase of Common Stock -- $3.1M -- -- --
Other Financing Activities $103.1M $103.6M -$1.3M -$946K --
Cash From Financing $88M $269.8M $28.2M $782.6M $1.3B
 
Beginning Cash (CF) $29.3M $75.6M $68.9M $404.6M $564.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $27.6M $51.5M -$41.1M $335.7M $159.9M
Ending Cash (CF) $55.9M $123.8M $23.9M $739.6M $724.2M
 
Levered Free Cash Flow -$4.1M -$45M -$110M -$427.7M -$1.1B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -$51.7M $384.6M
Depreciation & Amoritzation -- -- -- $33.9M $85.2M
Stock-Based Compensation -- -- -- $8.2M $72.4M
Change in Accounts Receivable -- -- -- -$11.1M -$10.5M
Change in Inventories -- -- -- -- --
Cash From Operations $4.9M -- $3.9M -$3.9M $142.4M
 
Capital Expenditures $7.9M -- $17.8M $383.4M $280.6M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$66.2M -- -$17.8M -$387.1M -$280.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$373.9K -- -$67K -$99K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $105.4M -- -$242K -$102K --
Cash From Financing $107.5M -- $9M $84.7M $606.1M
 
Beginning Cash (CF) $85.6M -- -- $98.6M $1B
Foreign Exchange Rate Adjustment $2.6M -- $214K $371K $124K
Additions / Reductions $48.9M -- -$4.7M -$306M $467.7M
Ending Cash (CF) $137.1M -- -- -$207.1M $1.5B
 
Levered Free Cash Flow -$3M -- -$13.9M -$387.3M -$138.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -- --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -- -- -- $45.2M $439.2M
 
Capital Expenditures $7.9M $225.3M $69.7M $517.3M $1.3B
Cash Acquisitions -- -- -- -- --
Cash From Investing -$145.3M -- -- -$870.5M -$1.3B
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$1.6M -- -- -$529K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $206.1M -- -- -$806K --
Cash From Financing $221.5M -- -- $862.1M $1.8B
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $82.6M -- -- $36.3M $932.1M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -- -$472.1M -$816.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -- -- -- -$51.7M $384.6M
Depreciation & Amoritzation -- -- -- $33.9M $85.2M
Stock-Based Compensation -- -- -- $8.2M $72.4M
Change in Accounts Receivable -- -- -- -$11.1M -$10.5M
Change in Inventories -- -- -- -- --
Cash From Operations $4.9M -- $3.9M -$3.9M $142.4M
 
Capital Expenditures $7.9M -- $17.8M $383.4M $280.6M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$66.2M -- -$17.8M -$387.1M -$280.9M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$373.9K -- -$67K -$99K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $105.4M -- -$242K -$102K --
Cash From Financing $107.5M -- $9M $84.7M $606.1M
 
Beginning Cash (CF) $85.6M -- -- $98.6M $1B
Foreign Exchange Rate Adjustment $2.6M -- $214K $371K $124K
Additions / Reductions $48.9M -- -$4.7M -$306M $467.7M
Ending Cash (CF) $137.1M -- -- -$207.1M $1.5B
 
Levered Free Cash Flow -$3M -- -$13.9M -$387.3M -$138.3M

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