IREN Financial Statements From 2010 to 2026

IREN Stock  USD 43.29  1.21  2.88%   
IREN's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing IREN's valuation are provided below:
Gross Profit
515.8 M
Profit Margin
0.5148
Market Capitalization
14 B
Enterprise Value Revenue
19.2693
Revenue
757.1 M
We have found one hundred twenty available fundamental trends for IREN, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm IREN's regular fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself for few more years. As of the 20th of February 2026, Market Cap is likely to grow to about 3 B. Also, Enterprise Value is likely to grow to about 3.3 B

IREN Total Revenue

604.99 Million

Check IREN financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IREN's main balance sheet or income statement drivers, such as Depreciation And Amortization of 218.7 M, Interest Expense of 12.1 M or Selling General Administrative of 150.1 M, as well as many indicators such as Price To Sales Ratio of 6.82, Dividend Yield of 0.0 or PTB Ratio of 1.88. IREN financial statements analysis is a perfect complement when working with IREN Valuation or Volatility modules.
  
Build AI portfolio with IREN Stock
Check out the analysis of IREN Correlation against competitors.
To learn how to invest in IREN Stock, please use our How to Invest in IREN guide.

IREN Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.6 B3.4 B698.8 M
Slightly volatile
Short and Long Term Debt Total1.2 B1.1 B200.8 M
Slightly volatile
Other Current Liabilities80.1 M76.3 M19.9 M
Slightly volatile
Total Current Liabilities180.3 M171.7 M46.6 M
Slightly volatile
Property Plant And Equipment Net2.3 B2.2 B434.6 M
Slightly volatile
Current Deferred Revenue824.6 KM629.7 K
Slightly volatile
Accounts Payable98.7 M94 M19.3 M
Slightly volatile
Cash681.7 M649.2 M145.7 M
Slightly volatile
Non Current Assets Total2.8 B2.6 B531.7 M
Slightly volatile
Non Currrent Assets Other33.1 M34.9 M34.1 M
Slightly volatile
Other Assets402 K423.2 K15.8 M
Pretty Stable
Cash And Short Term Investments681.7 M649.2 M146.1 M
Slightly volatile
Net Receivables30.2 M28.7 M8.1 M
Slightly volatile
Common Stock Shares Outstanding269.6 M256.7 M70.8 M
Slightly volatile
Liabilities And Stockholders Equity3.6 B3.4 B709 M
Slightly volatile
Other Current Assets62.4 M59.4 M12.9 M
Slightly volatile
Total Liabilities1.4 B1.3 B242.7 M
Slightly volatile
Total Current Assets774.2 M737.3 M167 M
Slightly volatile
Common Stock2.8 B2.7 B682.1 M
Slightly volatile
Property Plant Equipment292.8 M278.8 M94.1 M
Slightly volatile
Non Current Liabilities Total1.2 B1.1 B197.7 M
Slightly volatile
Inventory197.3 K187.9 K71.1 K
Slightly volatile
Net Invested Capital3.4 B3.2 B675.4 M
Slightly volatile
Property Plant And Equipment Gross2.6 B2.4 B488.2 M
Slightly volatile
Short and Long Term Debt58.4 M69.5 M29.1 M
Slightly volatile
Capital Stock2.8 B2.7 B690.6 M
Slightly volatile
Intangible Assets400.2 K392.4 K513.6 K
Slightly volatile
Other LiabilitiesM1.3 M1.8 M
Slightly volatile
Long Term Debt1.2 B1.1 B315.5 M
Slightly volatile
Non Current Liabilities Other194.7 K270.2 K139.2 K
Slightly volatile

IREN Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization218.7 M208.3 M41.2 M
Slightly volatile
Selling General Administrative150.1 M143 M31.9 M
Slightly volatile
Total Revenue605 M576.2 M118.5 M
Slightly volatile
Other Operating Expenses584.1 M556.3 M126.1 M
Slightly volatile
Cost Of Revenue192 M182.8 M39.5 M
Slightly volatile
Total Operating Expenses392.1 M373.4 M86.6 M
Slightly volatile
Interest Income9.1 M8.6 M1.9 M
Slightly volatile
Selling And Marketing Expenses3.5 M3.3 M756.1 K
Slightly volatile
Gross Profit413 M393.3 M79.7 M
Slightly volatile
Reconciled Depreciation218.7 M208.3 M41.8 M
Slightly volatile

IREN Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation218.7 M208.3 M41.6 M
Slightly volatile
Capital Expenditures1.7 B1.6 B325.1 M
Slightly volatile
Total Cash From Financing Activities1.6 B1.5 B332.4 M
Slightly volatile
Change To Netincome140.8 M156.4 M71.2 M
Slightly volatile
Stock Based Compensation51.5 M49 M11.6 M
Slightly volatile
Dividends Paid2.4 M2.7 MM
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.827.18200.4 K
Slightly volatile
Days Sales Outstanding19.8820.9348.9238
Slightly volatile
Average Payables215.2 K242.1 K264.2 K
Slightly volatile
Stock Based Compensation To Revenue0.140.09790.11
Slightly volatile
Capex To Depreciation12.898.718.4387
Slightly volatile
EV To Sales7.698.09200.4 K
Slightly volatile
Payables Turnover1.871.751.2037
Slightly volatile
Sales General And Administrative To Revenue0.270.2956.7863
Slightly volatile
Capex To Revenue2.993.151.1 K
Slightly volatile
Cash Per Share1.192.370.8269
Slightly volatile
Days Payables Outstanding2052163.3 K
Slightly volatile
Intangibles To Total Assets0.00120.00130.0296
Slightly volatile
Current Ratio2.473.862.5385
Slightly volatile
Receivables Turnover18.9518.059.2673
Slightly volatile
Graham Number7.037.918.632
Slightly volatile
Capex Per Share6.045.761.9799
Slightly volatile
Average Receivables7.9 M10.3 MM
Slightly volatile
Revenue Per Share2.212.10.6784
Slightly volatile
Interest Debt Per Share4.294.091.5024
Slightly volatile
Debt To Assets0.160.30.1157
Slightly volatile
Operating Cycle19.8820.9348.9238
Slightly volatile
Days Of Payables Outstanding2052163.3 K
Slightly volatile
Total Debt To Capitalization0.510.40.2497
Slightly volatile
Quick Ratio2.473.862.5385
Slightly volatile
Net Income Per E B T1.121.071.0298
Slightly volatile
Cash Ratio2.03.41.7115
Slightly volatile
Days Of Sales Outstanding19.8820.9348.9238
Slightly volatile
Fixed Asset Turnover0.250.230.1582
Slightly volatile
Debt Ratio0.160.30.1157
Slightly volatile
Price Sales Ratio6.827.18200.4 K
Slightly volatile
Asset Turnover0.110.150.073
Slightly volatile
Gross Profit Margin0.70.790.6204
Slightly volatile

IREN Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB2.8 B1.1 B
Slightly volatile
Enterprise Value3.3 B3.2 B1.2 B
Slightly volatile

IREN Fundamental Market Drivers

Forward Price Earnings64.5161
Cash And Short Term Investments564.5 M

IREN Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
11th of September 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

About IREN Financial Statements

IREN investors utilize fundamental indicators, such as revenue or net income, to predict how IREN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred RevenueM824.6 K
Total Revenue576.2 M605 M
Cost Of Revenue182.8 M192 M
Stock Based Compensation To Revenue 0.10  0.14 
Sales General And Administrative To Revenue 0.29  0.27 
Capex To Revenue 3.15  2.99 
Revenue Per Share 2.10  2.21 
Ebit Per Revenue 0.03  0.03 

Pair Trading with IREN

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IREN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IREN will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to IREN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IREN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IREN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IREN to buy it.
The correlation of IREN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IREN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IREN moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IREN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether IREN offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IREN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iren Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iren Stock:
Check out the analysis of IREN Correlation against competitors.
To learn how to invest in IREN Stock, please use our How to Invest in IREN guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Will Asset Management & Custody Banks sector continue expanding? Could IREN diversify its offerings? Factors like these will boost the valuation of IREN. Market participants price IREN higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every IREN data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.429
Earnings Share
1.44
Revenue Per Share
2.949
Quarterly Revenue Growth
0.59
Return On Assets
(0.01)
Investors evaluate IREN using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating IREN's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause IREN's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between IREN's value and its price as these two are different measures arrived at by different means. Investors typically determine if IREN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, IREN's market price signifies the transaction level at which participants voluntarily complete trades.