# IREN (IREN) — Overview

IREN · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/iren

## Price

Last close $30.39 on Oct 15, 2026. 52-week range $29.31 – $76.41.

## Company profile

IREN owns data centers powered by renewable energy in Canada and the US for bitcoin mining and AI cloud infrastructure. The company is in the process of converting its existing bitcoin capacity for AI purposes and securing new power and land supply to expand its data center operation. IREN works closely with industry leaders in AI, such as Microsoft, to support their cloud infrastructure ambitions.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $707.0M |
| Revenue (quarter) | $137.2M |
| Revenue growth (year over year) | -26.73% |
| Gross profit (trailing twelve months) | $487.3M |
| Gross margin | 68.92% |
| Net income (trailing twelve months) | −$702.6M |
| Net income (quarter) | −$684.0M |
| Net income growth (year over year) | -487.15% |
| Net margin | -99.38% |
| Return on equity | -23.41% |
| EPS (trailing twelve months) | −$2.22 |
| Book value per share | $11.01 |
| P/E (trailing twelve months) | — |
| Price to book | 2.9 |
| Debt to assets | 73.49% |
| Payout ratio | 0.00% |
| Dividend yield | 0.00% |

## Frequently Asked Questions

### Is IREN (IREN) profitable?

No. IREN reported a net loss of $702.6M over the trailing twelve months.

### How much revenue does IREN (IREN) make?

IREN generated $707.0M in revenue over the trailing twelve months, down 26.73% year over year.

### How do I buy stock in IREN (IREN)?

IREN trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

## Similar Stocks

- [MSFT](https://www.lighthorse.io/tickers/msft) — Microsoft Corporation - Common Stock
- [NVDA](https://www.lighthorse.io/tickers/nvda) — NVIDIA Corporation - Common Stock
- [RIOT](https://www.lighthorse.io/tickers/riot) — Riot Platforms, Inc. - Common Stock
- [CLSK](https://www.lighthorse.io/tickers/clsk) — CleanSpark, Inc. - Common Stock
- [HIVE](https://www.lighthorse.io/tickers/hive) — HIVE Digital Technologies Ltd - Common Shares
- [HUT](https://www.lighthorse.io/tickers/hut) — Hut 8 Corp. - Common Stock
- [CIFR](https://www.lighthorse.io/tickers/cifr) — Cipher Digital Inc. - Common Stock
- [MARA](https://www.lighthorse.io/tickers/mara) — MARA Holdings, Inc. - Common Stock
- [BTBT](https://www.lighthorse.io/tickers/btbt) — Bit Digital, Inc. - Ordinary Share
- [WULF](https://www.lighthorse.io/tickers/wulf) — TeraWulf Inc. - Common Stock

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
