MetaCap

Ionic Digital (IOND) vs IREN (IREN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

IREN is the larger company by market cap ($13.95 billion vs $3.57 billion), about 3.9 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

IOND+31.22%IREN+14.03%
+46%+15%-16%
Jul 28, 20261 yearOct 7, 2026
IOND+17.90%IREN+5.14%
+29%+9%-12%
Jul 27, 20265 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

IOND versus IREN key metrics
MetricIONDIREN
Share price$79.44$35.40
Market cap$3.57B$13.95B
1-day change-3.76%-8.52%
YTD return—+2.44%
1-year return—-37.27%
Forward P/E33.80—
EPS (TTM)$-6.68$-2.22
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)—$707.01M
Revenue growth (YoY)—+41.11%
Net income (latest FY)—$-702.62M
Gross margin—68.92%
Operating margin—-148.05%
Net margin—-99.38%
52-week high$89.36$76.87
52-week low$50.00$28.93
Distance from 52-week high-11.11%-53.95%
Analyst consensusnonebuy
Avg. price target upside+7.01%+120.77%
Average volume804.24K42.51M
Shares outstanding45.00M394.06M
Employees15685
SectorFinanceFinance
IndustryFinance: Consumer ServicesFinance: Consumer Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • IREN is about 3.9 times larger than Ionic Digital by market value ($13.95B vs $3.57B).

About Ionic Digital

IOND stock →

Ionic Digital Inc. operates as a digital infrastructure solutions and cryptocurrency mining company.

Finance · Finance: Consumer Services · 15 employees

About IREN

IREN stock →

IREN Limited operates as a vertically integrated AI cloud services platform in Australia and Canada. It develops, owns, and operate data centers, including the associated land, grid connections, and substations, as well as buildings and cooling.

Finance · Finance: Consumer Services · 685 employees

IOND vs IREN FAQ

Which is bigger, Ionic Digital or IREN?

IREN (IREN) is larger, with a market capitalization of $13.95B compared with $3.57B for Ionic Digital (IOND).

Are Ionic Digital and IREN in the same industry?

Yes. Both are classified in the Finance: Consumer Services industry within the Finance sector.

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