IREN
IREN Limited
There isn't enough reported data to score IREN yet.
LDI
loanDepot, Inc.
There isn't enough reported data to score LDI 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.
LDI Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Under pressure | |
| N/A | |
| N/A |
LDI'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 LDI.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
LDI PE Valuation
LDI 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 |
IREN has the edge over LDI on the outlook, with more favorable revenue and profitability expectations.
LDI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Decline | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect LDI's losses to grow, with revenue declining.
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 |
LDI has the stronger earnings trend. Trailing diluted EPS is down 347% for IREN versus LDI down 184%.
LDI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2024 | -$0.53 | +$0.10 |
| Q3 2024 | -$0.52 | +$0.42 |
| Q2 2024 | -$0.62 | +$0.60 |
| Q1 2024 | -$0.57 | +$1.18 |
| Q4 2023 | -$0.63 | +$1.12 |
| Q3 2023 | -$0.94 | +$0.30 |
| Q2 2023 | -$1.22 | -$0.75 |
| Q1 2023 | -$1.75 | -773% |
LDI is still losing money, but far less than before: $0.53 per share over the past year, against $1.75 at its worst in late 2022.
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% |
LDI has the stronger quarterly revenue trend. Revenue is down 5.1% for IREN versus up 16% for LDI.
| 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.
LDI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2024 | $257.5M | +13% |
| Q3 2024 | $314.6M | +18% |
| Q2 2024 | $265.4M | -2.4% |
| Q1 2024 | $222.8M | +7.2% |
| Q4 2023 | $228.6M | +35% |
| Q3 2023 | $265.7M | -3.1% |
| Q2 2023 | $271.8M | -12% |
| Q1 2023 | $207.9M | -59% |
LDI's revenue is recovering but still below its 2021 peak: $307M last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -9.3% | N/A |
| Q2 2026 | -2% | N/A |
| Q4 2024 | -33% | -0.3 points |
| Q3 2024 | 1.1% | +16 points |
| Q2 2024 | -29% | -7.6 points |
| Q1 2024 | -38% | +13 points |
| Q4 2023 | -32% | +70 points |
| Q3 2023 | -15% | +44 points |
LDI 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 |
LDI has the stronger cash trend. Its trailing FCF is down 24% versus its history, compared with IREN at down 479%.
LDI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2024 | $33.6M | +$243.4M |
| Q3 2024 | -$356.4M | -325% |
| Q2 2024 | -$285.7M | +$57M |
| Q1 2024 | -$283.3M | -242% |
| Q4 2023 | -$209.7M | -621% |
| Q3 2023 | $158.5M | -91% |
| Q2 2023 | -$342.7M | -123% |
| Q1 2023 | $199.1M | -82% |
LDI's free cash flow was $778M over the past year, against −$620M the year before. Free cash flow isn't a meaningful measure for financial services companies like LDI.
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 | — |
LDI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +669K shares |
| 1 year | -28% | -92.4M shares |
| 3 years | +67% | +93.3M shares |
LDI has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
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.
LDI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2022 | 9.0x | High |
| Q4 2021 | 1.7x | Healthy |
LDI's net debt is about 9.0 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like LDI.
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).
LDI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.2 | Oversold |
| Stochastic | 12.2 | Oversold |
LDI's weekly RSI is 28 (oversold) and its Stochastic is 12 (oversold).
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.
LDI PE vs Financial Services Sector
| Metric | LDI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
LDI 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 the edge over LDI on trend strength, trading above more of its moving averages.
LDI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.59 | 24% below |
| 20 week MA | $0.81 | 44% below |
| 50 week MA | $1.42 | 68% below |
| 100 week MA | $1.68 | 73% below |
| 200 week MA | $1.93 | 77% below |
LDI is in a downtrend: it's below all five of its weekly moving averages, and 77% below its 200-week average.
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 LDI on returns for 2026, with the stronger performance.
LDI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $31.5 | $4.76 | -85% |
| 2022 | $4.76 | $1.57 | -67% |
| 2023 | $1.57 | $3.52 | +124% |
| 2024 | $3.52 | $1.93 | -45% |
| 2025 | $1.93 | $2.12 | +9.8% |
| 2026 YTD | $2.12 | $0.45 | -79% |
LDI's yearly returns have swung widely, from +124% in 2023 to −85% in 2021. It's down 79% so far in 2026.