Skip to content
NASDAQ · FINANCE SERVICES · LARGE CAP

Iren Ltd. IREN

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$707.0M
▲ 41.1% YoY
$-702.6M
▼ 908.2% YoY
$-897.6M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

IREN Limited owns and operates data centers powered by 100% renewable energy. Its data centers support a combination of GPUs for HPC and AI services and ASICs for Bitcoin mining. As of June 30, 2025, it had approximately 810MW of operating data center capacity and an installed hashrate capacity of approximately 50 EH/s across its sites in British Columbia and Texas. As of June 30, 2025, it employed 257 employees in the United States, Canada and Australia. It was originally incorporated under the laws of New South Wales, Australia, on November 6, 2018 as "Iris Energy Pty Ltd", an Australian proprietary company. On November 27, 2024, it changed the name of the Company to "IREN Limited".

Written from the business description in IREN Limited's annual report to the U.S. Securities and Exchange Commission, filed 28 August 2025. Every sentence was checked against that document before publication.

Growth

USD 707.0M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 707.0 · Net income -702.6
250.0M500.0M-250.0M-500.0M
20222025
Compound annual growth
+110.8%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−99 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -148.0% · Net -99.4%
-100%-200%
202220232025
ROE
FY2025 · ROE -23.4%
-20%-40%
202220232025
Three returns, three denominators.

Each USD of equity lost 23 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -897.6
-400M-800M
202220232025

Total assetsUSD 15.8B
EquityUSD 4.2B
CashUSD 5.9B
Gross debtUSD 7.6B
Net debtUSD 1.7B
Current ratio3.55×

Net debt stands at 41% of equity.

The 4-year record

4 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
IREN, 4-year financial record
Metric 2025202420232022
Revenue $B0.70.50.20.1
Operating income $B−1.00.0−0.0−0.2
EBITDA $B−0.60.20.0−0.1
Income tax $B−0.00.00.00.0
Net income $B−0.70.1−0.0−0.2
Free cash flow $B−0.9−0.3−0.1−0.1
EPS, diluted $−2.220.39−0.29−3.14
Dividend / sh $0.000.000.000.00
Payout % — not applicable: no dividend————
ROE %−23.46.0−4.1−56.3

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 14 reconciliationsAUDITED

Reconciled in 4 of the 4 fiscal years we could check. 32 checks were skipped: the balance sheet is not tagged before 2023. 15 checks were skipped: EPS is not tagged before 2022. 15 checks were skipped: revenue is not tagged before 2022.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityFinance Services
Listed onNASDAQ
Incorporated inoutside the United States — SEC code C3
Fiscal year endsJune 30
Data on record since2022

Share this section

Download image