IREN
IREN Limited
There isn't enough reported data to score IREN yet.
NRUC
National Rural Utilities Cooper
There isn't enough reported data to score NRUC 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.
NRUC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
NRUC's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like NRUC.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
NRUC PE Valuation
NRUC 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.
NRUC Forward outlook
There aren't enough analyst estimates for NRUC 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 |
IREN has swung to a loss: it lost $3.96 per share over the past year, after a profit the year before.
NRUC Earnings Per Share
NRUC and IREN do not have enough comparable growth data to identify a winner.
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.
NRUC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $182.1M | +285% |
| Q2 2026 | $253.6M | +120% |
| Q1 2026 | $53.8M | -53% |
| Q4 2025 | $59M | -68% |
| Q2 2025 | $115.5M | -36% |
| Q1 2025 | $113.7M | +105% |
| Q4 2024 | $182M | +0.8% |
| Q2 2024 | $181.8M | +1056% |
NRUC's revenue is recovering but still below its 2022 peak: $182M last quarter, up 285% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2021 | 88% | N/A |
| Q1 2021 | 87% | N/A |
| Q4 2020 | 85% | -5.4 points |
| Q3 2020 | 86% | N/A |
| Q4 2019 | 91% | N/A |
NRUC's operating margin was 88% last quarter, down 3.2 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.
NRUC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $131M | +60% |
| Q2 2026 | $83.4M | +$127.7M |
| Q1 2026 | $105.1M | -29% |
| Q4 2025 | $38.3M | -39% |
| Q3 2025 | $82M | +131% |
| Q2 2025 | -$44.3M | -186% |
| Q1 2025 | $149M | +25% |
| Q4 2024 | $62.7M | +120% |
NRUC 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 | — |
NRUC Total Shares
| Quarter | Spent |
|---|---|
| Q3 2024 | — |
| Q3 2021 | — |
| Q2 2020 | — |
| Q1 2020 | $1.9M |
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.
NRUC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2021 | 28.9x | High |
| Q2 2021 | 30.3x | High |
| Q1 2021 | 37.6x | High |
| Q4 2020 | 84.2x | High |
| Q3 2020 | 64.7x | High |
| Q2 2020 | 94.8x | High |
| Q1 2020 | 83.0x | High |
| Q4 2019 | 90.4x | High |
NRUC's net debt is more than 20 years of its operating earnings (EBITDA), down from more than 20 years a year ago. Net leverage isn't a meaningful measure for financial services companies like NRUC.
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).
NRUC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 24.2 | Oversold |
| Stochastic | 10.6 | Oversold |
NRUC's weekly RSI is 24 (oversold) and its Stochastic is 11 (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.
NRUC PE vs Financial Services Sector
NRUC 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 NRUC on trend strength, trading above more of its moving averages.
NRUC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.1 | 5.6% below |
| 20 week MA | $21.1 | 10% below |
| 50 week MA | $22.7 | 16% below |
| 100 week MA | $23.2 | 18% below |
| 200 week MA | $23.8 | 20% below |
NRUC is in a downtrend: it's below all five of its weekly moving averages, and 20% 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's yearly returns have swung widely, from +501% in 2023 to −93% in 2022. It's down 52% so far in 2026.
NRUC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.2 | $28.3 | +4.2% |
| 2021 | $28.3 | $26.8 | -5.2% |
| 2022 | $26.8 | $23.7 | -12% |
| 2023 | $23.7 | $25.2 | +6.3% |
| 2024 | $25.2 | $22.9 | -8.9% |
| 2025 | $22.9 | $23.8 | +3.8% |
| 2026 YTD | $23.8 | $19.0 | -20% |
NRUC has the edge over IREN on returns for 2026, with the stronger performance.