IREN
IREN Limited
There isn't enough reported data to score IREN yet.
PFS
Provident Financial Services, Inc.
PFS's fundamentals are strong: its operating margin rose 3 points to 46% and revenue grew 8.6%. At 9.6x earnings, it's trading in line with its usual 10x. 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.
PFS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
PFS's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like PFS.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
PFS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $20.68 | -9.8% |
| Forward | 9.1x | $22.94 | — |
| Current | 9.6x | $22.94 | — |
| Fair | 10x | $24.58 | +7.1% |
| Expensive | 15x | $35.05 | +53% |
Historical ranges are pointers, not guarantees.
PFS's PE is in its cheap range at 9.6x. 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.
PFS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
PFS 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.
PFS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.53 | +6.1% |
| Q3 2026 | $2.38 | +21% |
| Q2 2026 | $2.40 | +36% |
| Q1 2026 | $2.35 | +112% |
| Q4 2025 | $2.23 | +112% |
| Q3 2025 | $1.96 | +88% |
| Q2 2025 | $1.77 | +67% |
| Q1 2025 | $1.11 | -31% |
| Q4 2024 | $1.05 | -39% |
PFS 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.
PFS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $238.5M | +7.6% |
| Q2 2026 | $234.7M | +9.6% |
| Q1 2026 | $225.2M | +7.9% |
| Q4 2025 | $225.7M | +9.6% |
| Q3 2025 | $221.8M | +5.3% |
| Q2 2025 | $214.2M | +31% |
| Q1 2025 | $208.8M | +82% |
| Q4 2024 | $205.9M | +79% |
PFS's revenue has grown year over year for 10 quarters in a row: $239M last quarter, up 7.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 39% | -7 points |
| Q2 2026 | 45% | -2.6 points |
| Q1 2026 | 49% | +4.9 points |
| Q4 2025 | 50% | +19 points |
| Q3 2025 | 46% | +15 points |
| Q2 2025 | 48% | +61 points |
| Q1 2025 | 44% | +6.5 points |
| Q4 2024 | 30% | -4.2 points |
PFS 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.
PFS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $47.9M | -50% |
| Q2 2026 | $108.6M | -41% |
| Q1 2026 | $81M | -7.3% |
| Q4 2025 | $64.1M | -73% |
| Q3 2025 | $96.7M | +42% |
| Q2 2025 | $182.6M | +142% |
| Q1 2025 | $87.4M | +114% |
| Q4 2024 | $240.8M | +438% |
PFS 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 | — |
PFS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +29.4K shares |
| 1 year | -0.1% | -136K shares |
| 3 years | +74% | +55.5M shares |
| 5 years | +70% | +53.7M shares |
| Available history | +101% | +65.7M shares |
PFS has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $10.3M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | $1,000 |
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.
PFS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 14.7x | High |
| Q2 2026 | 12.8x | High |
| Q1 2026 | 14.1x | High |
| Q4 2025 | 12.2x | High |
| Q3 2025 | 13.1x | High |
| Q2 2025 | 16.4x | High |
| Q1 2025 | 24.0x | High |
| Q4 2024 | 27.4x | High |
PFS's net debt is about 15 years of its operating earnings (EBITDA), up from 13 years a year ago. Net leverage isn't a meaningful measure for financial services companies like PFS.
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).
PFS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.8 | Neutral |
| Stochastic | 34.6 | Neutral |
PFS's weekly RSI is 51 (neutral) and its Stochastic is 35 (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.
PFS PE vs Financial Services Sector
| Metric | PFS | Sector median | Relative |
|---|---|---|---|
| PE | 9.6x | 13x | 26% below |
| PE % | 31 | 63 | 32 pts below |
PFS is trading at 9.6x earnings, a 26% discount to 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.
PFS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.7 | 0.9% above |
| 20 week MA | $23.4 | 2% below |
| 50 week MA | $22.4 | 2.6% above |
| 100 week MA | $20.2 | 13% above |
| 200 week MA | $18.8 | 22% above |
PFS 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.
PFS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.6 | $17.9 | -28% |
| 2021 | $17.9 | $24.3 | +36% |
| 2022 | $24.3 | $21.4 | -12% |
| 2023 | $21.4 | $18.0 | -16% |
| 2024 | $18.0 | $18.9 | +4.7% |
| 2025 | $18.9 | $20.4 | +7.9% |
| 2026 YTD | $20.4 | $22.9 | +13% |
PFS has the edge over IREN on returns for 2026, with the stronger performance.