IREN
IREN Limited
There isn't enough reported data to score IREN yet.
NBBK
NB Bancorp, Inc. Common Stock
NBBK's fundamentals are mixed: revenue grew 44%, but its operating margin fell 6 points to 32%. At 13x earnings, it's trading below its usual 15x. Analysts expect earnings growth.
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.
NBBK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
NBBK's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like NBBK.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
NBBK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.1x | $21.91 | — |
| Cheap | 13x | $22.08 | +0.8% |
| Current | 13x | $21.91 | — |
| Fair | 15x | $24.73 | +13% |
| Expensive | 17x | $28.92 | +32% |
Historical ranges are pointers, not guarantees.
NBBK's PE is in its cheap range at 13x. If earnings grow as analysts expect, today's price would be 9.1x next year's earnings.
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.
NBBK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
NBBK 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.
NBBK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.41 | +45% |
| Q3 2026 | $1.66 | +7.1% |
| Q2 2026 | $1.51 | +14% |
| Q1 2026 | $1.37 | +16% |
| Q4 2025 | $1.34 | +25% |
| Q3 2025 | $1.55 | +343% |
NBBK has the edge over IREN on earnings quality, reporting a profit while its opponent remains loss making.
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.
NBBK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $76.5M | +48% |
| Q2 2026 | $74.7M | +46% |
| Q1 2026 | $69.4M | +46% |
| Q4 2025 | $63.4M | +37% |
| Q3 2025 | $51.7M | +21% |
| Q2 2025 | $51.2M | +23% |
| Q1 2025 | $47.4M | +12% |
| Q4 2024 | $46.3M | +21% |
NBBK's revenue has grown year over year every quarter since late 2024: $77M last quarter, up 48% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | -0.7 points |
| Q2 2026 | 37% | +0.2 points |
| Q1 2026 | 29% | -7.8 points |
| Q4 2025 | 23% | -18 points |
| Q3 2025 | 39% | +2.5 points |
| Q2 2025 | 37% | +8.2 points |
| Q1 2025 | 37% | +8.3 points |
| Q4 2024 | 42% | +95 points |
NBBK 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.
NBBK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $67.2M | +181% |
| Q2 2026 | $31.3M | +20% |
| Q1 2026 | $25.3M | +157% |
| Q4 2025 | -$2.5M | -113% |
| Q3 2025 | $23.9M | +155% |
| Q2 2025 | $26.1M | +9.4% |
| Q1 2025 | $9.8M | +$21.7M |
| Q4 2024 | $19.9M | +52% |
NBBK 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 the edge over NBBK 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 | — |
NBBK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -166K shares |
| 1 year | +12% | +4.3M shares |
NBBK has 40M diluted shares, up 12% from a year ago, despite $46M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $18.5M |
| Q1 2026 | $27.8M |
| Q4 2025 | — |
| Q3 2025 | $17.5M |
| Q2 2025 | $18.9M |
| Q1 2025 | $40.7M |
NBBK spent $46M buying back its own shares over the past year.
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.
NBBK Net Leverage
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).
NBBK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.2 | Neutral |
| Stochastic | 36.6 | Neutral |
NBBK's weekly RSI is 50 (neutral) and its Stochastic is 37 (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.
NBBK PE vs Financial Services Sector
| Metric | NBBK | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 1.4% above |
| PE % | 14 | 37 | 23 pts below |
NBBK is trading at 13x earnings, in line with the Financial Services sector's median of 13x.
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 |
NBBK has stronger trend alignment. IREN is above 1 of 5 weekly averages versus NBBK above 2 of 4.
NBBK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.3 | 1.7% below |
| 20 week MA | $22.3 | 1.7% below |
| 50 week MA | $21.4 | 2.6% above |
| 100 week MA | $19.7 | 11% above |
NBBK has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 11% above its 100-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's yearly returns have swung widely, from +501% in 2023 to −93% in 2022. It's down 52% so far in 2026.
NBBK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $13.5 | $13.5 | 0% |
| 2024 | $13.5 | $18.4 | +36% |
| 2025 | $18.4 | $20.6 | +12% |
| 2026 YTD | $20.6 | $21.9 | +6.4% |
NBBK has the edge over IREN on returns for 2026, with the stronger performance.