FUFU
BitFuFu Inc.
There isn't enough reported data to score FUFU yet.
IREN
IREN Limited
There isn't enough reported data to score IREN yet.
FUFU Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| N/A | |
| N/A |
FUFU's profitability is currently weak. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like FUFU.
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.
FUFU PE Valuation
FUFU 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.
FUFU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for FUFU, but weaker profitability.
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.
FUFU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.09 | — |
| Q4 2025 | -$0.18 | -155% |
| Q4 2024 | $0.33 | +371% |
| Q4 2023 | $0.07 | +250% |
| Q4 2022 | $0.02 | 0% |
FUFU has swung to a loss: it lost $0.18 per share over the past year, after a profit 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 FUFU in the latest year-over-year earnings comparison.
FUFU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $284.1M | +50% |
| Q2 2025 | $193.4M | -29% |
| Q4 2024 | $189.5M | -33% |
| Q4 2023 | $284.1M | +388% |
| Q4 2022 | $58.2M | +54% |
| Q3 2022 | $58.2M | +54% |
| Q2 2022 | $40.9M | +200% |
| Q1 2022 | $40.9M | +200% |
FUFU has the stronger quarterly revenue trend. Revenue is flat for FUFU versus down 5.1% for IREN.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -21% | -27 points |
| Q2 2025 | 19% | +23 points |
| Q4 2024 | 11% | +15 points |
| Q2 2024 | 17% | +5.7 points |
| Q4 2023 | 5.8% | -5.3 points |
| Q4 2022 | -4.5% | -11 points |
| Q3 2022 | -4.5% | -11 points |
| Q2 2022 | 11% | +8.5 points |
FUFU's operating margin was −21% last quarter, down 27 points from the same quarter a year ago, near the bottom of its range since 2021.
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's operating margin was −82% last quarter, down 50 points from the same quarter a year ago.
FUFU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2022 | -$58.2K | +$87.2K |
| Q3 2022 | -$46.8K | -101% |
| Q2 2022 | -$43.5K | +$294.4K |
| Q1 2022 | -$249.2K | +$88.8K |
FUFU has the stronger cash trend. Its trailing FCF is down 107% 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.
FUFU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.7% | +1.1M shares |
| 1 year | +13% | +19.7M shares |
| 3 years | +7.5% | +11.8M shares |
FUFU has 170M diluted shares, up 13% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
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 the edge over FUFU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
FUFU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | 19.4x | High |
| Q2 2025 | 0.9x | Very low |
| Q4 2024 | 0.7x | Very low |
| Q4 2023 | 1.7x | Healthy |
| Q4 2022 | 1.0x | Healthy |
| Q3 2022 | 1.4x | Healthy |
| Q2 2022 | 3.6x | Elevated |
| Q1 2022 | 5.7x | High |
FUFU has the edge over IREN on leverage, with a lower net debt burden relative to earnings.
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.
FUFU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.1 | Neutral |
| Stochastic | 33.3 | Neutral |
FUFU's weekly RSI is 34 (neutral) and its Stochastic is 33 (neutral).
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).
FUFU PE vs Financial Services Sector
| Metric | FUFU | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
FUFU 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.
FUFU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.14 | 20% below |
| 20 week MA | $1.29 | 29% below |
| 50 week MA | $1.90 | 52% below |
| 100 week MA | $2.97 | 69% below |
IREN has stronger trend alignment. FUFU is above 0 of 4 weekly averages versus IREN above 1 of 5.
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 fallen below most of its moving averages, though it's still 2.1% above its 200-week average.
FUFU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $6.38 | $5.19 | -19% |
| 2025 | $5.19 | $2.50 | -52% |
| 2026 YTD | $2.50 | $0.91 | -64% |
FUFU has finished every year since 2024 lower, and it's down 64% 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 FUFU on returns for 2026, with the stronger performance.