IREN
IREN Limited
There isn't enough reported data to score IREN yet.
LARK
Landmark Bancorp, Inc.
There isn't enough reported data to score LARK yet.
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.
LARK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
LARK's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like LARK.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
LARK PE Valuation
LARK has no meaningful PE right now: it lost money over the past year.
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.
LARK Forward outlook
There aren't enough analyst estimates for LARK to show an outlook.
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 |
LARK has the stronger earnings trend. Trailing diluted EPS is down 347% for IREN versus LARK up 16%.
LARK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2024 | $1.98 | +16% |
| Q2 2024 | $1.80 | +9.1% |
| Q1 2024 | $1.85 | +16% |
| Q4 2023 | $1.94 | +25% |
| Q3 2023 | $1.71 | -6% |
| Q2 2023 | $1.65 | -23% |
| Q1 2023 | $1.60 | -35% |
| Q4 2022 | $1.55 | -45% |
LARK's earnings per share have fallen from their peak: $1.98 over the past year, against $3.44 in early 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.
LARK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $19.2M | +6% |
| Q2 2026 | $19.2M | +11% |
| Q1 2026 | $18.8M | +14% |
| Q4 2025 | $18.7M | +19% |
| Q3 2025 | $18.2M | +15% |
| Q2 2025 | $17.3M | +18% |
| Q1 2025 | $16.5M | +16% |
| Q4 2024 | $15.8M | +20% |
LARK's revenue has grown year over year for 10 quarters in a row: $19M last quarter, up 6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +1.9 points |
| Q2 2026 | 35% | +4.1 points |
| Q1 2026 | 34% | -1.1 points |
| Q4 2025 | 32% | +17 points |
| Q3 2025 | 33% | +3.1 points |
| Q2 2025 | 31% | +6.4 points |
| Q1 2025 | 35% | +11 points |
| Q4 2024 | 15% | -4 points |
LARK has the edge over IREN on profitability, with a higher operating margin.
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.
LARK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $9.5M | -6.1% |
| Q2 2026 | $3.3M | +829% |
| Q1 2026 | $6.7M | -16% |
| Q4 2025 | $2.6M | +$3.8M |
| Q3 2025 | $10.1M | +29% |
| Q2 2025 | $354K | -91% |
| Q1 2025 | $8M | +416% |
| Q4 2024 | -$1.2M | -258% |
LARK has the edge over IREN on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 | — |
LARK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +15.3K shares |
| 1 year | +2.2% | +133K shares |
| 3 years | +0.2% | +15.2K shares |
LARK has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $17,000 |
| Q3 2024 | $66,000 |
| Q2 2024 | $81,000 |
| Q1 2024 | $174,000 |
| Q4 2022 | $199,000 |
| Q3 2022 | $502,000 |
| Q4 2020 | — |
| Q3 2020 | — |
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.
LARK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2021 | -3.2x | Net Cash |
| Q2 2021 | -3.6x | Net Cash |
| Q1 2021 | -2.8x | Net Cash |
| Q4 2020 | -2.1x | Net Cash |
| Q3 2020 | 0.6x | Very low |
| Q2 2020 | 0.7x | Very low |
| Q1 2020 | 0.1x | Very low |
| Q4 2019 | 1.8x | Healthy |
LARK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like LARK.
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).
LARK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.9 | Neutral |
| Stochastic | 32.2 | Neutral |
LARK's weekly RSI is 59 (neutral) and its Stochastic is 32 (neutral).
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.
LARK PE vs Financial Services Sector
| Metric | LARK | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
LARK has no meaningful PE right now: it lost money over the past year.
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.
LARK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.8 | 1.2% above |
| 20 week MA | $31.7 | 1.5% above |
| 50 week MA | $29.1 | 11% above |
| 100 week MA | $27.7 | 17% above |
| 200 week MA | $23.3 | 38% above |
LARK has the edge over IREN on trend strength, trading above more of its moving averages.
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's yearly returns have swung widely, from +501% in 2023 to −93% in 2022. It's down 52% so far in 2026.
LARK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.8 | $19.4 | -1.6% |
| 2021 | $19.4 | $24.8 | +28% |
| 2022 | $24.8 | $19.7 | -21% |
| 2023 | $19.7 | $18.9 | -4.3% |
| 2024 | $18.9 | $24.2 | +28% |
| 2025 | $24.2 | $27.5 | +14% |
| 2026 YTD | $27.5 | $32.2 | +17% |
LARK has the edge over IREN on returns for 2026, with the stronger performance.