IREN
IREN Limited
There isn't enough reported data to score IREN yet.
QNBC
QNB Corp.
There isn't enough reported data to score QNBC 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.
QNBC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
QNBC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like QNBC.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
QNBC PE Valuation
QNBC 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.
QNBC Forward outlook
There aren't enough analyst estimates for QNBC 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.
QNBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $3.37 | -2.9% |
| Q1 2026 | $3.81 | +23% |
| Q4 2025 | $3.77 | +21% |
| Q3 2025 | $3.54 | +36% |
| Q2 2025 | $3.47 | +48% |
| Q1 2025 | $3.10 | +42% |
| Q4 2024 | $3.12 | +19% |
| Q3 2024 | $2.60 | -32% |
QNBC 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.
QNBC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $20.5M | +43% |
| Q1 2026 | $14.9M | +14% |
| Q4 2025 | $15.9M | +26% |
| Q3 2025 | $14.8M | +13% |
| Q2 2025 | $14.3M | +19% |
| Q1 2025 | $13.1M | +9.3% |
| Q4 2024 | $12.6M | +20% |
| Q3 2024 | $13.1M | +9.4% |
QNBC's revenue has grown year over year for 10 quarters in a row: $20M last quarter, up 43% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 19% | -16 points |
| Q1 2026 | 23% | -1.1 points |
| Q4 2025 | 33% | +3.1 points |
| Q3 2025 | 31% | -2 points |
| Q2 2025 | 34% | +9.2 points |
| Q1 2025 | 24% | -2.7 points |
| Q4 2024 | 30% | +16 points |
| Q3 2024 | 33% | +9.1 points |
QNBC 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.
QNBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $6.9M | +20% |
| Q1 2026 | -$1.9M | -$947K |
| Q4 2025 | $8.3M | +27% |
| Q3 2025 | $3.6M | -11% |
| Q2 2025 | $5.7M | +42% |
| Q1 2025 | -$987K | -161% |
| Q4 2024 | $6.5M | +8% |
| Q3 2024 | $4M | +297% |
QNBC 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 QNBC 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 | — |
QNBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +32% | +1.2M shares |
| 1 year | +34% | +1.3M shares |
| 3 years | +39% | +1.4M shares |
| 5 years | +41% | +1.4M shares |
| Available history | +43% | +1.5M shares |
QNBC has 5M diluted shares, up 34% from a year ago.
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.
QNBC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 3.5x | Elevated |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | -1.0x | Net Cash |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | 2.1x | Moderate |
| Q3 2024 | -3.8x | Net Cash |
QNBC 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).
QNBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 73.8 | Overbought |
| Stochastic | 80.2 | Overbought |
QNBC's weekly RSI is 74 (overbought) and its Stochastic is 80 (overbought).
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.
QNBC PE vs Financial Services Sector
| Metric | QNBC | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 7.4% above |
| PE % | 100 | 63 | 37 pts above |
QNBC 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 fallen below most of its moving averages, though it's still 2.1% above its 200-week average.
QNBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $46.4 | 1.9% above |
| 20 week MA | $45.1 | 5% above |
| 50 week MA | $41.8 | 13% above |
| 100 week MA | $38.3 | 24% above |
| 200 week MA | $32.1 | 47% above |
QNBC 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.
QNBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $38.8 | $33.0 | -15% |
| 2021 | $33.0 | $36.0 | +9.1% |
| 2022 | $36.0 | $26.4 | -27% |
| 2023 | $26.4 | $26.0 | -1.4% |
| 2024 | $26.0 | $34.0 | +31% |
| 2025 | $34.0 | $35.0 | +3.1% |
| 2026 YTD | $35.0 | $47.3 | +35% |
QNBC has the edge over IREN on returns for 2026, with the stronger performance.