IREN
IREN Limited
There isn't enough reported data to score IREN yet.
MFG
Mizuho Financial Group, Inc.
There isn't enough reported data to score MFG 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.
MFG Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
MFG's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like MFG.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
MFG PE Valuation
MFG 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.
MFG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
MFG has the edge over IREN on the outlook, with more favorable earnings expectations.
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 swung to a loss: it lost $3.96 per share over the past year, after a profit the year before.
MFG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2026 | $2.92 | +99% |
| Q3 2025 | $2.12 | -27% |
| Q1 2025 | $1.47 | -35% |
| Q3 2024 | $2.89 | +74% |
| Q1 2024 | $2.25 | +$2.28 |
| Q3 2023 | $1.66 | +$3.63 |
| Q1 2023 | -$0.03 | +$0.23 |
| Q3 2022 | -$1.97 | -238% |
MFG has the edge over IREN in the latest year-over-year earnings comparison.
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 has the edge over MFG in the latest year-over-year revenue comparison.
| 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.
MFG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $13.2B | +57% |
| Q3 2025 | $15.1B | +25% |
| Q1 2025 | $8.4B | -42% |
| Q3 2024 | $12.1B | +18% |
| Q1 2024 | $14.5B | +37% |
| Q3 2023 | $10.2B | +306% |
| Q1 2023 | $10.6B | +274% |
| Q3 2022 | $2.5B | -69% |
MFG's revenue is growing: $13.2B last quarter, down 9.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2026 | 23% | -21 points |
| Q3 2025 | 50% | +14 points |
| Q1 2025 | -1.3% | -39 points |
| Q3 2024 | 40% | +181 points |
| Q1 2024 | 44% | +183 points |
| Q3 2023 | 36% | +6.5 points |
| Q1 2023 | 37% | +5.6 points |
| Q3 2022 | -140% | -176 points |
MFG's operating margin was 23% last quarter, down 21 points from the same quarter a year ago.
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.
MFG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$6.9B | -178% |
| Q3 2025 | -$6.2B | +$4.5B |
| Q1 2025 | $8.9B | +$18.8B |
| Q3 2024 | -$10.7B | +$2.7B |
| Q1 2024 | -$9.9B | -281% |
| Q3 2023 | -$13.4B | -$13.1B |
| Q1 2023 | $5.5B | -87% |
| Q3 2022 | -$324.8M | +$7.7B |
MFG's free cash flow was −$14.8B over the past year, against −$18.1B the year before. Free cash flow isn't a meaningful measure for financial services companies like MFG.
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 | — |
MFG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -15.1M shares |
| 1 year | -2.1% | -52.5M shares |
MFG has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2026 | $1.9B |
| Q3 2025 | $650.8M |
| Q1 2025 | $627.7M |
| Q3 2024 | $17.4M |
| Q1 2024 | $6.4M |
| Q3 2023 | $14.8M |
| Q1 2023 | $6.5M |
| Q3 2022 | $8M |
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.
MFG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 9.2x | High |
| Q3 2025 | 11.2x | High |
| Q1 2025 | 12.7x | High |
| Q3 2024 | 6.9x | High |
| Q1 2024 | 7.7x | High |
| Q3 2023 | 9.7x | High |
| Q1 2023 | 41.1x | High |
| Q3 2021 | -32.7x | Net Cash |
MFG has the edge over IREN on leverage, with a lower net debt burden relative to earnings.
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).
MFG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.6 | Neutral |
| Stochastic | 22.7 | Neutral |
MFG's weekly RSI is 52 (neutral) and its Stochastic is 23 (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.
MFG PE vs Financial Services Sector
| Metric | MFG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
MFG 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.
MFG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.2 | 0.7% below |
| 20 week MA | $10.5 | 3.2% below |
| 50 week MA | $9.30 | 8.8% above |
| 100 week MA | $7.54 | 34% above |
| 200 week MA | $5.60 | 81% above |
MFG 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.
MFG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.09 | $2.51 | -19% |
| 2021 | $2.51 | $2.59 | +3.2% |
| 2022 | $2.59 | $2.80 | +8.1% |
| 2023 | $2.80 | $3.44 | +23% |
| 2024 | $3.44 | $4.89 | +42% |
| 2025 | $4.89 | $7.32 | +50% |
| 2026 YTD | $7.32 | $10.1 | +38% |
MFG has the edge over IREN on returns for 2026, with the stronger performance.