IREN
IREN Limited
There isn't enough reported data to score IREN yet.
PB
Prosperity Bancshares, Inc.
PB's fundamentals are mixed: revenue grew 27%, but its operating margin fell 8 points to 47%. At 13x earnings, it's trading in line with its usual 13x. Analysts expect strong 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.
PB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
PB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like PB.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
PB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 10x | $72.62 | — |
| Cheap | 12x | $63.63 | -12% |
| Fair | 13x | $70.42 | -3% |
| Current | 13x | $72.62 | — |
| Expensive | 14x | $77.28 | +6.4% |
Historical ranges are pointers, not guarantees.
PB's PE is in its fair range at 13x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its cheap range.
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.
PB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for PB, but weaker profitability.
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.
PB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.01 | +28% |
| Q3 2026 | $5.49 | -2% |
| Q2 2026 | $5.76 | +4.9% |
| Q1 2026 | $5.51 | +5.2% |
| Q4 2025 | $5.72 | +13% |
| Q3 2025 | $5.60 | +19% |
| Q2 2025 | $5.49 | +21% |
| Q1 2025 | $5.24 | +21% |
| Q4 2024 | $5.05 | +12% |
PB 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.
PB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $495.7M | +58% |
| Q2 2026 | $391.3M | +26% |
| Q1 2026 | $367.6M | +20% |
| Q4 2025 | $317.7M | +3.3% |
| Q3 2025 | $314.7M | +3.9% |
| Q2 2025 | $310.7M | +1.9% |
| Q1 2025 | $306.7M | +11% |
| Q4 2024 | $307.6M | +12% |
PB's revenue has grown year over year for 10 quarters in a row: $496M last quarter, up 58% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | -18 points |
| Q2 2026 | 55% | -0.4 points |
| Q1 2026 | 41% | -13 points |
| Q4 2025 | 56% | +2.4 points |
| Q3 2025 | 56% | +2.3 points |
| Q2 2025 | 55% | +8.5 points |
| Q1 2025 | 54% | +3.3 points |
| Q4 2024 | 54% | +9.6 points |
PB 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.
PB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $301.5M | +62% |
| Q2 2026 | $157.9M | +72% |
| Q1 2026 | $178.1M | +4.1% |
| Q4 2025 | $68.5M | +$279.1M |
| Q3 2025 | $185.7M | -31% |
| Q2 2025 | $91.8M | -57% |
| Q1 2025 | $171.1M | -5.1% |
| Q4 2024 | -$210.7M | -1004% |
PB 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 PB 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 | — |
PB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +19% | +19.1M shares |
| 1 year | +26% | +24.8M shares |
| 3 years | +28% | +26.2M shares |
| 5 years | +29% | +27.2M shares |
| Available history | +27% | +25.5M shares |
PB has 120M diluted shares, up 26% from a year ago, despite $240M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $31.8M |
| Q2 2026 | $13.7M |
| Q1 2026 | $57.1M |
| Q4 2025 | $137.2M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $39.5M |
| Q1 2024 | $35.3M |
PB spent $240M 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.
PB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.2x | Elevated |
| Q2 2026 | 1.0x | Healthy |
| Q1 2026 | 0.9x | Very low |
| Q4 2025 | 3.0x | Moderate |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 1.5x | Healthy |
| Q4 2024 | 6.8x | High |
PB's net debt is about 3.2 years of its operating earnings (EBITDA), up from less than a year a year ago. Net leverage isn't a meaningful measure for financial services companies like PB.
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).
PB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.5 | Neutral |
| Stochastic | 66.3 | Neutral |
PB's weekly RSI is 55 (neutral) and its Stochastic is 66 (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.
PB PE vs Financial Services Sector
| Metric | PB | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 1.6% above |
| PE % | 64 | 63 | 1 pt above |
PB 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 |
IREN has fallen below most of its moving averages, though it's still 2.1% above its 200-week average.
PB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $69.4 | 4.7% above |
| 20 week MA | $71.4 | 1.7% above |
| 50 week MA | $70.6 | 2.9% above |
| 100 week MA | $70.4 | 3.2% above |
| 200 week MA | $67.5 | 7.5% above |
PB 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.
PB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $71.7 | $69.3 | -3.3% |
| 2021 | $69.3 | $71.6 | +3.2% |
| 2022 | $71.6 | $71.4 | -0.2% |
| 2023 | $71.4 | $67.7 | -5.2% |
| 2024 | $67.7 | $75.4 | +11% |
| 2025 | $75.4 | $70.3 | -6.8% |
| 2026 YTD | $70.3 | $72.6 | +3.3% |
PB has the edge over IREN on returns for 2026, with the stronger performance.