IREN Financial Ratios
NASDAQ: IRENFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
IREN ratio analysis
IREN earned a net margin of -99.4% in FY 2026, down from 17.4% a year earlier. Gross margin was 68.9% compared with a median of 53.5% over the prior 3 years. Return on equity reached -16.8%, meaning IREN generated -0.17 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 1.81 versus 0.53 the year before, and the current ratio was 3.55. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
IREN financial ratios (annual)
| Ratio | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | — | 43.13 | — | — | — | — | — |
| Price / sales | 17.36 | 7.20 | 6.01 | 3.38 | 2.50 | — | — |
| Price / book | 2.93 | 1.99 | 1.03 | 0.84 | 0.34 | — | — |
| Gross margin | 68.9% | 68.3% | 53.5% | 47.8% | — | — | — |
| Operating margin | -148.0% | 3.5% | -14.5% | -208.2% | 0.5% | -6.6% | -77.1% |
| Net margin | -99.4% | 17.4% | -15.4% | -227.6% | -711.0% | -764.6% | -98.5% |
| Free cash flow margin | -127.0% | -65.4% | -47.9% | -146.1% | -205.2% | -70.1% | -225.4% |
| Return on equity (ROE) | -16.8% | 4.8% | -2.6% | -56.3% | -96.0% | — | -24.3% |
| Return on assets (ROA) | -4.4% | 3.0% | -2.5% | -51.7% | -73.6% | -44.9% | -18.5% |
| Debt / equity | 1.81 | 0.53 | — | 0.00 | 0.25 | — | 0.22 |
| Current ratio | 3.55 | 4.29 | 8.86 | 3.72 | 1.88 | 0.24 | 0.93 |
| Revenue growth | 41.1% | 167.7% | 147.9% | 27.9% | 647.5% | 263.3% | — |
| EPS growth | -669.2% | — | — | — | — | — | — |