EQS
Equus Total Return, Inc.
There isn't enough reported data to score EQS yet.
IREN
IREN Limited
There isn't enough reported data to score IREN yet.
EQS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Under pressure | |
| N/A | |
| N/A |
EQS's profitability is currently under pressure. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like EQS.
IREN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
IREN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like IREN.
EQS PE Valuation
EQS has no meaningful PE right now: it lost money over the past year.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
EQS Forward outlook
There aren't enough analyst estimates for EQS to show an outlook.
IREN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect IREN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
EQS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.36 | -$0.12 |
| Q1 2026 | -$1.04 | -$0.10 |
| Q4 2025 | -$1.03 | +$0.33 |
| Q3 2025 | -$1.13 | -$0.63 |
| Q2 2025 | -$1.24 | -272% |
| Q1 2025 | -$0.94 | -208% |
| Q4 2024 | -$1.36 | -242% |
| Q3 2024 | -$0.50 | -162% |
EQS lost $1.36 per share over the past year, about the same as its loss the year before.
IREN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.96 | -347% |
| Q2 2026 | -$2.22 | -988% |
| Q1 2026 | $0.51 | +$1.10 |
| Q4 2025 | $1.18 | +$1.62 |
| Q3 2025 | $1.60 | +$1.99 |
| Q2 2025 | $0.25 | +$0.45 |
| Q1 2025 | -$0.59 | -$0.43 |
| Q4 2024 | -$0.44 | -$0.15 |
IREN has the edge over EQS on earnings, with more consistent year-over-year improvement.
EQS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2021 | $1.4M | -58% |
IREN has the stronger quarterly revenue trend. Revenue is down 29% for EQS versus down 5.1% for IREN.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -455% | N/A |
| Q1 2026 | 78% | N/A |
| Q4 2021 | 15% | N/A |
| Q3 2021 | 67% | N/A |
| Q2 2021 | 46% | -31 points |
| Q1 2021 | 23% | N/A |
| Q2 2020 | 77% | N/A |
| Q3 2019 | 52% | N/A |
EQS's operating margin was −455% last quarter, down 501 points from the same quarter a year ago, near the bottom of its range since 2019.
IREN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $228M | -5.1% |
| Q2 2026 | $137.2M | -27% |
| Q1 2026 | $144.8M | 0% |
| Q4 2025 | $184.7M | +59% |
| Q3 2025 | $240.3M | +355% |
| Q2 2025 | $187.3M | +230% |
| Q1 2025 | $144.8M | +168% |
| Q4 2024 | $116.1M | +176% |
IREN's revenue has held roughly level: $228M last quarter, down 5.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -82% | -50 points |
| Q2 2026 | -452% | -461 points |
| Q1 2026 | -161% | -180 points |
| Q4 2025 | -63% | -79 points |
| Q3 2025 | -32% | +57 points |
| Q2 2025 | 9% | +49 points |
| Q1 2025 | 19% | +8 points |
| Q4 2024 | 15% | +21 points |
IREN has the edge over EQS on profitability, with a higher operating margin.
EQS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | $7K | +$1.6M |
| Q4 2025 | -$196K | -100% |
| Q1 2025 | -$1.6M | +$9.8M |
| Q4 2024 | $53.6M | +$87.5M |
| Q3 2024 | -$1.8M | +$5.9M |
| Q2 2024 | -$2.1M | +$2.1M |
| Q1 2024 | -$11.4M | -$5.9M |
| Q4 2023 | -$33.9M | -$31.1M |
EQS has the stronger cash trend. Its trailing FCF is down 275% versus its history, compared with IREN at down 479%.
IREN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6B | -$1.6B |
| Q2 2026 | $482.2M | +2895% |
| Q1 2026 | -$873.8M | -$523.1M |
| Q4 2025 | -$468M | -$334M |
| Q3 2025 | -$38M | +$349.4M |
| Q2 2025 | $16.1M | +$179M |
| Q1 2025 | -$350.7M | -$128.7M |
| Q4 2024 | -$134M | -$105.2M |
IREN's free cash flow was −$2.5B over the past year, against −$507M the year before. Free cash flow isn't a meaningful measure for financial services companies like IREN.
EQS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -19% | -3.3M shares |
| 1 year | +2.8% | +381K shares |
| 3 years | +3.3% | +449K shares |
| 5 years | +3.3% | +449K shares |
| Available history | +3.3% | +449K shares |
EQS has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
IREN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +26% | +82.4M shares |
| 1 year | +10% | +36.9M shares |
| 3 years | +511% | +333M shares |
| 5 years | +624% | +344M shares |
| Available history | +2346% | +382M shares |
IREN has 399M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
EQS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2021 | -8.0x | Net Cash |
| Q4 2019 | 7.7x | High |
| Q3 2019 | 6.9x | High |
EQS has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like EQS.
IREN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 157.6x | High |
| Q4 2025 | 22.2x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | -4.6x | Net Cash |
| Q3 2024 | -16.7x | Net Cash |
| Q2 2024 | -15.9x | Net Cash |
IREN's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like IREN.
EQS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 26.5 | Oversold |
| Stochastic | 6.9 | Oversold |
EQS's weekly RSI is 26 (oversold) and its Stochastic is 7 (oversold).
IREN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 8.2 | Oversold |
IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (oversold).
EQS PE vs Financial Services Sector
| Metric | EQS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
EQS has no meaningful PE right now: it lost money over the past year.
IREN PE vs Financial Services Sector
| Metric | IREN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
IREN has no meaningful PE right now: it lost money over the past year.
EQS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.78 | 31% below |
| 20 week MA | $0.98 | 45% below |
| 50 week MA | $1.26 | 57% below |
| 100 week MA | $1.36 | 60% below |
| 200 week MA | $1.41 | 62% below |
EQS is in a downtrend: it's below all five of its weekly moving averages, and 62% below its 200-week average.
IREN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 35% below |
| 20 week MA | $36.2 | 46% below |
| 50 week MA | $42.8 | 54% below |
| 100 week MA | $32.0 | 39% below |
| 200 week MA | $19.1 | 2.1% above |
IREN has the edge over EQS on trend strength, trading above more of its moving averages.
EQS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.67 | $2.18 | +31% |
| 2021 | $2.18 | $2.36 | +8.3% |
| 2022 | $2.36 | $1.63 | -31% |
| 2023 | $1.63 | $1.45 | -11% |
| 2024 | $1.45 | $1.10 | -24% |
| 2025 | $1.10 | $1.66 | +51% |
| 2026 YTD | $1.66 | $0.54 | -67% |
EQS has finished lower in three of the last six years. It's down 67% so far in 2026.
IREN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $24.8 | $17.2 | -31% |
| 2022 | $17.2 | $1.19 | -93% |
| 2023 | $1.19 | $7.15 | +501% |
| 2024 | $7.15 | $10.7 | +50% |
| 2025 | $10.7 | $40.3 | +276% |
| 2026 YTD | $40.3 | $19.5 | -52% |
IREN has the edge over EQS on returns for 2026, with the stronger performance.