Skip to main content

IREN Ltd

corporate_fare Company Profile

IREN Ltd

IREN·NASDAQ·Crypto Assets·CIK 0001878848

IREN Ltd is a vertically integrated AI Cloud Services platform that provides data centers, compute, and software for AI training and inference. The company owns and operates all three layers of the AI Cloud Services stack. The data center layer encompasses the land, power, substations, buildings, and cooling that form the physical infrastructure. The compute layer includes the GPUs, CPUs, storage, servers, and networking deployed within this infrastructure. The software layer provides managed services and enterprise support, enabling customers to deploy, operate, and manage AI workloads. IREN Ltd delivers both bare metal compute and managed cloud services to customers supporting AI training and inference workloads. Its customer base includes hyperscalers, frontier labs, AI developers, and enterprises. As of June 30, 2026, the company's operating AI Cloud Services capacity was approximately 40MW. The AI Cloud Services platform is supported by a portfolio of land and grid-connected power in renewable-rich regions across North America, Europe, and Asia Pacific. As of June 30, 2026, IREN Ltd had executed grid connection agreements, letters of agreement, or equivalents for approximately 5GW of total power capacity in the United States, Canada, Spain, and Australia, along with a multi-GW development pipeline. Each operating site has been 100% powered by renewable energy since operations began. The company also has Bitcoin mining operations, but during the year ended June 30, 2026, it began decommissioning Bitcoin mining hardware and reallocating power and data center capacity to AI Cloud Services, with a goal to substantially complete this transition by December 31, 2026.

IREN Ltd (NASDAQ:IREN) is a publicly traded company in the Crypto Assets sector. Wiseek has independently scored 50 items for IREN at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-11-06, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 12 rated 8 or above. Recent SEC coverage for IREN spans 10-Q, 8-K, DEF 14A, 10-K.

Recent high-impact activity:

  • Bitcoin Mining Revenue Collapses 58% as IREN Targets Full Exit by December 31
  • IREN Pushes $4B of Annualized Revenue to January at Customer's Request
  • IREN Tops Revenue Estimates With $228M Quarter as AI Cloud Surges
  • IREN 10-Q: $263M Quarterly Loss, $18.9B Capital Commitments, $630M More ATM Sales
  • IREN Q1 FY27: AI Cloud Revenue Triples to $200M, Backlog Reaches $20.3B

Financial Snapshot

Fiscal year ended June 30, 2026
Revenue
$707.01M
Net Income
-$702.62M
Diluted EPS
-$2.22
Op. Cash Flow
$2.1B
Free Cash Flow
-$897.59M
Gross Profit
$487.3M
Operating Income
-$1.05B
Cash & Equivalents
$5.9B
Total Debt
$7.59B
Debt / Equity
1.81×
Net Margin
-99.4%
Shares Outstanding
316.12M sh
Source: 10-K · filed 2026-08-27 · accession 0001878848-26-000052

Short Interest & Short Volume

1.82 days to cover

FINRA reported short interest of 94,617,935 shares in IREN as of the October 15, 2026 settlement, a 15.9% increase from the prior period — about 1.8 days to cover at its recent average daily volume. On November 5, 2026, 29.7% of IREN volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)94,617,935 shares as of October 15, 2026
Change vs prior period▲ 15.9%
Days to cover1.82 at avg daily volume of 51,965,505
Daily short volume (FINRA facilities)29.7% of 54,264,536 shares on November 5, 2026
5-day average short volume32.3%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for IREN, detected from its recent SEC filings · based on capital-structure filings through 2026-05-14.

Convertible Notes Offering Closed · Dilution Protection via Capped Calls

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Browse all tickers starting with I →
$20.73 +14.95% today
52-week range · as of 2026-11-05 $17.16 – $76.87
Market cap
$8.39B
Volume
76M (1.4× avg)
3-mo avg 55.7M
Live data · 2026-11-06 17:59 UTC · Market open

show_chartPrice Chart

Loading chart...

feed IREN - Latest Insights

IREN
Nov 05, 2026, 11:29 PM EST
Source: The Block
Importance Score:
7
Price at Filing: $19.93
Real-time Price: $20.73 info
Change: +$0.795 (+4%) info
Market Cap: $8.386B info
IREN
Nov 05, 2026, 5:23 PM EST
Source: Binance News
Importance Score:
8
Price at Filing: $18.76
Real-time Price: $20.73 info
Change: +$1.96 (+10%) info
Market Cap: $8.386B info
IREN
Nov 05, 2026, 4:17 PM EST
Source: Reuters
Importance Score:
7
Price at Filing: $19.33
Real-time Price: $20.73 info
Change: +$1.40 (+7%) info
Market Cap: $8.386B info
IREN
Nov 05, 2026, 4:06 PM EST
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $19.80
Real-time Price: $20.73 info
Change: +$0.9276 (+5%) info
Market Cap: $8.386B info
IREN
Nov 05, 2026, 4:03 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $17.70
Real-time Price: $20.73 info
Change: +$3.03 (+17%) info
Market Cap: $8.386B info
IREN
Oct 15, 2026, 9:03 AM EDT
Source: Benzinga
Importance Score:
7
Price at Filing: $27.05
Real-time Price: $20.73 info
Change: -$6.32 (-23%) info
Market Cap: $8.386B info
IREN
Oct 13, 2026, 5:18 PM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $34.98
Real-time Price: $20.73 info
Change: -$14.25 (-41%) info
Market Cap: $8.386B info
IREN
Oct 12, 2026, 12:51 PM EDT
Source: Cointelegraph
Importance Score:
7
Price at Filing: $35.11
Real-time Price: $20.73 info
Change: -$14.39 (-41%) info
Market Cap: $8.386B info
IREN
Oct 12, 2026, 10:30 AM EDT
Source: Benzinga
Importance Score:
8
Price at Filing: $35.43
Real-time Price: $20.73 info
Change: -$14.70 (-42%) info
Market Cap: $8.386B info
IREN
Oct 12, 2026, 7:00 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $36.62
Real-time Price: $20.73 info
Change: -$15.89 (-43%) info
Market Cap: $8.386B info
IREN
Sep 28, 2026, 11:03 AM EDT
Source: Seeking Alpha
Importance Score:
7
Price at Filing: $42.30
Real-time Price: $20.73 info
Change: -$21.57 (-51%) info
Market Cap: $8.386B info
IREN
Aug 28, 2026, 8:57 AM EDT
Source: The Block
Importance Score:
7
Price at Filing: $38.20
Real-time Price: $20.73 info
Change: -$17.48 (-46%) info
Market Cap: $8.386B info
IREN
Aug 27, 2026, 7:45 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $37.10
Real-time Price: $20.73 info
Change: -$16.37 (-44%) info
Market Cap: $8.386B info
IREN
Aug 27, 2026, 4:23 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $41.00
Real-time Price: $20.73 info
Change: -$20.28 (-49%) info
Market Cap: $8.386B info
IREN
Aug 27, 2026, 4:18 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $40.91
Real-time Price: $20.73 info
Change: -$20.19 (-49%) info
Market Cap: $8.386B info
IREN
Aug 27, 2026, 4:13 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $40.73
Real-time Price: $20.73 info
Change: -$20.00 (-49%) info
Market Cap: $8.386B info
IREN
Aug 13, 2026, 7:46 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $45.96
Real-time Price: $20.73 info
Change: -$25.24 (-55%) info
Market Cap: $8.386B info
IREN
Aug 04, 2026, 7:16 AM EDT
Filing Type: 424B7
Importance Score:
7
Price at Filing: $39.82
Real-time Price: $20.73 info
Change: -$19.10 (-48%) info
Market Cap: $8.386B info
IREN
Aug 04, 2026, 7:14 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $39.88
Real-time Price: $20.73 info
Change: -$19.16 (-48%) info
Market Cap: $8.386B info
IREN
Jul 30, 2026, 12:58 PM EDT
Source: The Block
Importance Score:
8
Price at Filing: $37.12
Real-time Price: $20.73 info
Change: -$16.39 (-44%) info
Market Cap: $8.386B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets