Company
IREN -3.82%IREN Limited
Market Cap: $12.65 Billion
USD as of Aug 2, 2026
$IREN -3.82% $IREN Australia Financials Capital Markets Australian Financials Australian Capital MarketsCompany Description
IREN Limited operates vertically integrated, renewable-powered data centers supporting Bitcoin mining, artificial intelligence, and other high-performance computing workloads.
IREN Limited Market Capitalization Over Time
View HistoryEvolution of IREN Limited market cap in the past 5 years
Market capitalizations are calculated from the opening stock price at the beginning of each month.
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Detailed Description
IREN Limited is a next-generation data center company focused on power-dense computing workloads, including Bitcoin mining, artificial intelligence, and other high-performance applications. The company designs, owns, and operates vertically integrated data centers, controlling key components such as computing hardware, electrical infrastructure, and supporting facilities to optimize efficiency and reliability. Its operations are powered primarily by renewable energy, with grid-connected sites located in energy-abundant, fiber-connected regions across North America and other selected markets, supporting both sustainability and cost-effective compute at scale. IREN Limited generates revenue mainly from Bitcoin mining by earning block rewards and transaction fees, which are converted into traditional currencies, and increasingly from infrastructure and cloud-style services tailored to AI and high-performance computing clients. Serving enterprises and digital asset networks that require large-scale, resilient compute capacity, IREN Limited positions itself at the intersection of digital infrastructure, financial services, and information technology. Incorporated in 2018 and headquartered in Sydney, Australia, the company plays a notable role in supplying sustainable infrastructure for emerging compute-intensive industries.
Financials
| Last Financial Reports Date | March 31, 2026 |
| Revenue TTM | $757.1 M |
| EBITDA | $195.1 M |
| Gross Profit TTM | $517.8 M |
| Profit Margin | 20.88% |
| Operating Margin | -64.47% |
| Quarterly Revenue Growth | -21.60% |