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IREN Ltd

corporate_fare Company Profile

IREN Ltd

IREN·NASDAQ·Technology·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 Technology sector. Wiseek has independently scored 39 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 2026-08-28, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 16 rated 8 or above. Recent SEC coverage for IREN spans 10-K, 8-K, 424B7, DEFA14A.

Recent high-impact activity:

  • Bernstein: IREN's $25B-$30B AI Buildout Spooked Market, But Payback Halved to 2 Years
  • IREN Signs Frontier AI Lab Deal, Secures $2.8B Financing, But Q4 Loss Sinks Shares
  • IREN Swings to FY26 Net Loss on Bitcoin Hardware Write-Downs, Revenue Misses
  • IREN 10-K Reveals $13.8B Capital Commitments and $2.4B New Financing Amid $702.6M FY26 Loss
  • IREN Posts $702.6M FY26 Net Loss on $638.8M Bitcoin Mining Impairments; AI Cloud ARR Hits $4B

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

Dilution Risk

Low risk

Filing-implied dilution signals for IREN, detected from its recent SEC filings · based on capital-structure filings through 2026-08-04.

1 recent capital raise

Convertible Notes Offering Closed · Dilution Protection via Capped Calls

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

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

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$43.77 -0.06% today
52-week range · as of 2026-08-27 $22.04 – $76.87
Market cap
$17.25B
Volume
28.8M (0.7× avg)
3-mo avg 43.7M
Live data · 2026-09-13 20:43 UTC · Market closed

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feed IREN - Latest Insights

IREN
Aug 28, 2026, 8:57 AM EDT
Source: The Block
Importance Score:
7
Price at Filing: $38.20
Real-time Price: $43.77 info
Change: +$5.57 (+15%) info
Market Cap: $17.249B info
IREN
Aug 27, 2026, 7:45 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $37.10
Real-time Price: $43.77 info
Change: +$6.67 (+18%) info
Market Cap: $17.249B info
IREN
Aug 27, 2026, 4:23 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $41.00
Real-time Price: $43.77 info
Change: +$2.77 (+7%) info
Market Cap: $17.249B info
IREN
Aug 27, 2026, 4:18 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $40.91
Real-time Price: $43.77 info
Change: +$2.86 (+7%) info
Market Cap: $17.249B info
IREN
Aug 27, 2026, 4:13 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $40.73
Real-time Price: $43.77 info
Change: +$3.04 (+7%) info
Market Cap: $17.249B info
IREN
Aug 13, 2026, 7:46 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $45.96
Real-time Price: $43.77 info
Change: -$2.19 (-5%) info
Market Cap: $17.249B info
IREN
Aug 04, 2026, 7:16 AM EDT
Filing Type: 424B7
Importance Score:
7
Price at Filing: $39.82
Real-time Price: $43.77 info
Change: +$3.95 (+10%) info
Market Cap: $17.249B info
IREN
Aug 04, 2026, 7:14 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $39.88
Real-time Price: $43.77 info
Change: +$3.89 (+10%) info
Market Cap: $17.249B info
IREN
Jul 30, 2026, 12:58 PM EDT
Source: The Block
Importance Score:
8
Price at Filing: $37.12
Real-time Price: $43.77 info
Change: +$6.66 (+18%) info
Market Cap: $17.249B info
IREN
Jul 20, 2026, 11:20 AM EDT
Source: Cointelegraph
Importance Score:
9
Price at Filing: $39.02
Real-time Price: $43.77 info
Change: +$4.75 (+12%) info
Market Cap: $17.249B info
IREN
Jul 20, 2026, 7:12 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $36.49
Real-time Price: $43.77 info
Change: +$7.28 (+20%) info
Market Cap: $17.249B info
IREN
Jul 20, 2026, 7:06 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $36.04
Real-time Price: $43.77 info
Change: +$7.73 (+21%) info
Market Cap: $17.249B info
IREN
Jul 08, 2026, 9:53 PM EDT
Filing Type: DEFA14A
Importance Score:
8
Price at Filing: $44.13
Real-time Price: $43.77 info
Change: -$0.360 (-0.82%) info
Market Cap: $17.249B info
IREN
Jul 04, 2026, 9:28 PM EDT
Source: Binance News
Importance Score:
7
Price at Filing: $39.20
Real-time Price: $43.77 info
Change: +$4.57 (+12%) info
Market Cap: $17.249B info
IREN
Jul 01, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $43.32
Real-time Price: $43.77 info
Change: +$0.450 (+1%) info
Market Cap: $17.249B info
IREN
Jun 16, 2026, 4:24 AM EDT
Source: Cointelegraph
Importance Score:
8
Price at Filing: $60.54
Real-time Price: $43.77 info
Change: -$16.77 (-28%) info
Market Cap: $17.249B info
IREN
Jun 15, 2026, 6:33 PM EDT
Source: Binance News
Importance Score:
7
Price at Filing: $60.78
Real-time Price: $43.77 info
Change: -$17.01 (-28%) info
Market Cap: $17.249B info
IREN
Jun 15, 2026, 12:46 PM EDT
Source: The Block
Importance Score:
8
Price at Filing: $61.86
Real-time Price: $43.77 info
Change: -$18.09 (-29%) info
Market Cap: $17.249B info
IREN
Jun 15, 2026, 7:00 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $62.84
Real-time Price: $43.77 info
Change: -$19.07 (-30%) info
Market Cap: $17.249B info
IREN
Jun 01, 2026, 7:13 AM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $64.15
Real-time Price: $43.77 info
Change: -$20.38 (-32%) info
Market Cap: $17.249B info
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