IREN
IREN Limited
There isn't enough reported data to score IREN yet.
MUFG
Mitsubishi UFJ Financial Group, Inc.
There isn't enough reported data to score MUFG 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.
MUFG Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
MUFG'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 MUFG.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
MUFG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $7.85 | -64% |
| Fair | 16x | $15.03 | -31% |
| Expensive | 23x | $22.25 | +2.3% |
| Current | 23x | $21.75 | — |
Historical ranges are pointers, not guarantees.
MUFG's PE is 23x, but its earnings don't support one, so it isn't a reliable read right now.
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.
MUFG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
MUFG 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.
MUFG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2026 | $0.95 | +40% |
| Q1 2025 | $0.68 | -1.4% |
| Q1 2024 | $0.69 | +130% |
| Q3 2023 | $0.93 | +$1.84 |
| Q1 2023 | $0.30 | +$0.34 |
| Q3 2022 | -$0.91 | -275% |
| Q1 2022 | -$0.04 | -107% |
| Q3 2021 | $0.52 | +126% |
MUFG 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 MUFG 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.
MUFG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $19B | +59% |
| Q3 2025 | $18.5B | +1.7% |
| Q1 2025 | $11.9B | -60% |
| Q3 2024 | $18.2B | +16% |
| Q1 2024 | $29.9B | +120% |
| Q3 2023 | $15.7B | +6.8% |
| Q1 2023 | $13.6B | +6.1% |
| Q3 2022 | $14.7B | +16% |
MUFG's revenue has slid since its 2024 peak: $19B last quarter, down 36% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2026 | 36% | -2.7 points |
| Q3 2025 | 43% | +0.1 points |
| Q1 2025 | 14% | -18 points |
| Q3 2024 | 45% | +6.6 points |
| Q1 2024 | 39% | +9.4 points |
| Q3 2023 | 43% | +12 points |
| Q1 2023 | 32% | +5.4 points |
| Q3 2022 | 38% | +3.4 points |
MUFG's operating margin was 36% last quarter, down 2.7 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.
MUFG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$10.4B | -212% |
| Q3 2025 | -$12.6B | -$8.9B |
| Q1 2025 | $9.3B | +$19.3B |
| Q3 2024 | -$3.7B | +$9.7B |
| Q1 2024 | -$10.1B | -181% |
| Q3 2023 | -$13.4B | -$13.3B |
| Q1 2023 | $12.5B | +429% |
| Q3 2022 | -$7.3M | -100% |
MUFG's free cash flow was −$17.4B over the past year, against −$10.9B the year before. Free cash flow isn't a meaningful measure for financial services companies like MUFG.
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 | — |
MUFG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -48.2M shares |
| 1 year | -4.9% | -582M shares |
| 3 years | -12% | -1.5B shares |
| 5 years | -18% | -2.5B shares |
| Available history | -20% | -2.8B shares |
MUFG has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2026 | $1.6B |
| Q3 2025 | $1.6B |
| Q1 2025 | $1.9B |
| Q3 2024 | $742.3M |
| Q1 2024 | $2.5B |
| Q3 2023 | $426,225 |
| Q1 2023 | $1.3B |
| Q3 2022 | $1.5B |
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.
MUFG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -30.4x | Net Cash |
| Q1 2025 | -48.3x | Net Cash |
| Q1 2024 | -48.9x | Net Cash |
| Q1 2023 | -60.9x | Net Cash |
| Q1 2022 | -60.0x | Net Cash |
| Q1 2021 | -56.2x | Net Cash |
| Q1 2020 | -41.0x | Net Cash |
| Q1 2019 | -48.3x | Net Cash |
MUFG 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).
MUFG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.5 | Neutral |
| Stochastic | 22.2 | Neutral |
MUFG's weekly RSI is 53 (neutral) and its Stochastic is 22 (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.
MUFG PE vs Financial Services Sector
| Metric | MUFG | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 13x | 76% above |
| PE % | 80 | 63 | 17 pts above |
MUFG is trading at 23x earnings, a 76% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
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.
MUFG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.0 | 1.1% below |
| 20 week MA | $22.3 | 2.6% below |
| 50 week MA | $19.7 | 10% above |
| 100 week MA | $16.8 | 30% above |
| 200 week MA | $12.9 | 69% above |
MUFG 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.
MUFG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.43 | $4.34 | -20% |
| 2021 | $4.34 | $5.56 | +28% |
| 2022 | $5.56 | $6.63 | +19% |
| 2023 | $6.63 | $8.61 | +30% |
| 2024 | $8.61 | $11.7 | +35% |
| 2025 | $11.7 | $15.9 | +36% |
| 2026 YTD | $15.9 | $21.8 | +37% |
MUFG has the edge over IREN on returns for 2026, with the stronger performance.