IREN
IREN Limited
There isn't enough reported data to score IREN yet.
NXDT
NexPoint Diversified Real Estate Trust
There isn't enough reported data to score NXDT 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.
NXDT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| N/A | |
| N/A |
NXDT's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like NXDT.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
NXDT PE Valuation
NXDT 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.
NXDT Forward outlook
There aren't enough analyst estimates for NXDT 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.
NXDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.48 | +$0.76 |
| Q1 2026 | -$2.47 | -$0.98 |
| Q4 2025 | -$2.81 | -$1.53 |
| Q3 2025 | -$2.28 | -$0.76 |
| Q2 2025 | -$2.24 | +$0.89 |
| Q1 2025 | -$1.49 | +$1.80 |
| Q4 2024 | -$1.28 | +$1.98 |
NXDT is still losing money, but far less than before: $1.48 per share over the past year, against $3.29 at its worst in early 2024.
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 NXDT on sales, with more consistent year-over-year improvement.
| 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.
NXDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $19.3M | -8.1% |
| Q1 2026 | $22.9M | -21% |
| Q4 2025 | $18.4M | -29% |
| Q3 2025 | $17.5M | -21% |
| Q2 2025 | $21M | -5.6% |
| Q1 2025 | $29.1M | +127% |
| Q4 2024 | $25.9M | +17% |
| Q3 2024 | $22.2M | +80% |
NXDT's revenue has slid since its 2022 peak: $19M last quarter, down 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 11% | +12 points |
| Q1 2026 | 15% | -3.9 points |
| Q4 2025 | -19% | -22 points |
| Q3 2025 | -19% | +7.7 points |
| Q2 2025 | -0.6% | -3.3 points |
| Q1 2025 | 19% | +17 points |
| Q4 2024 | 3.6% | -40 points |
| Q3 2024 | -27% | -23 points |
NXDT 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.
NXDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$4.6M | -6277% |
| Q1 2026 | -$498K | -107% |
| Q4 2025 | $1.2M | +$5.3M |
| Q3 2025 | $835K | +68% |
| Q2 2025 | $75K | +$5.6M |
| Q1 2025 | $7.1M | +$9.6M |
| Q4 2024 | -$4.1M | +$1.7M |
| Q3 2024 | $497K | -79% |
NXDT has the edge over IREN on cash flow, with more consistent year-over-year improvement.
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 NXDT 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 | — |
NXDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +21% | +10.4M shares |
| 1 year | +32% | +14.8M shares |
| 3 years | +63% | +23.3M shares |
NXDT has 60M diluted shares, up 32% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $515,000 |
| Q1 2026 | $2.3M |
| Q4 2025 | $1.1M |
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.
NXDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.7x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
| Q3 2024 | -0.5x | Net Cash |
NXDT 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).
NXDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.4 | Oversold |
| Stochastic | 5.6 | Oversold |
NXDT's weekly RSI is 29 (oversold) and its Stochastic is 6 (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.
NXDT PE vs Financial Services Sector
| Metric | NXDT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
NXDT 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 NXDT on trend strength, trading above more of its moving averages.
NXDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.48 | 32% below |
| 20 week MA | $4.93 | 38% below |
| 50 week MA | $4.64 | 34% below |
| 100 week MA | $4.43 | 31% below |
| 200 week MA | $6.29 | 51% below |
NXDT is in a downtrend: it's below all five of its weekly moving averages, and 51% 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.
NXDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.8 | $10.5 | -41% |
| 2021 | $10.5 | $13.9 | +33% |
| 2022 | $13.9 | $11.8 | -15% |
| 2023 | $11.8 | $7.95 | -33% |
| 2024 | $7.95 | $6.37 | -20% |
| 2025 | $6.37 | $3.88 | -39% |
| 2026 YTD | $3.88 | $3.06 | -21% |
NXDT has the edge over IREN on returns for 2026, with the stronger performance.