IREN
IREN Limited
There isn't enough reported data to score IREN yet.
SEIC
SEI Investments Company
SEIC's fundamentals are mixed: revenue grew 13%, while its operating margin rose 2 points to 29%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
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.
SEIC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
SEIC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SEIC.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
SEIC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $87.77 | -19% |
| Forward | 16x | $109 | — |
| Fair | 18x | $101 | -7.4% |
| Current | 19x | $109 | — |
| Expensive | 20x | $114 | +4.9% |
Historical ranges are pointers, not guarantees.
SEIC's PE is 19x, but its earnings don't support one, so it isn't a reliable read right now.
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.
SEIC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
SEIC 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.
SEIC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.89 | +20% |
| Q3 2026 | $5.75 | +5.9% |
| Q2 2026 | $5.67 | +6.6% |
| Q1 2026 | $5.86 | +28% |
| Q4 2025 | $5.63 | +28% |
| Q3 2025 | $5.43 | +31% |
| Q2 2025 | $5.32 | +39% |
| Q1 2025 | $4.59 | +25% |
| Q4 2024 | $4.41 | +27% |
SEIC 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.
SEIC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $662M | +14% |
| Q2 2026 | $641.6M | +15% |
| Q1 2026 | $622.2M | +13% |
| Q4 2025 | $607.9M | +9.1% |
| Q3 2025 | $578.5M | +7.7% |
| Q2 2025 | $559.6M | +7.8% |
| Q1 2025 | $551.3M | +7.8% |
| Q4 2024 | $557.2M | +15% |
SEIC's revenue has grown year over year for 14 quarters in a row: $662M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | +2.3 points |
| Q2 2026 | 31% | +4.2 points |
| Q1 2026 | 30% | +2 points |
| Q4 2025 | 27% | +0.5 points |
| Q3 2025 | 28% | +0.9 points |
| Q2 2025 | 27% | +0.3 points |
| Q1 2025 | 28% | +3.9 points |
| Q4 2024 | 26% | +5.2 points |
SEIC 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.
SEIC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $208.3M | -9.3% |
| Q2 2026 | $117.2M | +26% |
| Q1 2026 | $215.2M | +56% |
| Q4 2025 | $124.8M | -34% |
| Q3 2025 | $229.6M | +19% |
| Q2 2025 | $92.7M | -13% |
| Q1 2025 | $137.8M | +39% |
| Q4 2024 | $190.2M | +92% |
SEIC 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 | — |
SEIC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -1.3M shares |
| 1 year | -3.4% | -4.3M shares |
| 3 years | -8.6% | -11.5M shares |
| 5 years | -14% | -20.4M shares |
| Available history | -21% | -32.9M shares |
SEIC has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $212.2M |
| Q2 2026 | $105.9M |
| Q1 2026 | $214.8M |
| Q4 2025 | $100.6M |
| Q3 2025 | $144.2M |
| Q2 2025 | $179.6M |
| Q1 2025 | $203.7M |
| Q4 2024 | $247.2M |
SEIC spent $633M buying back its own shares over the past year, down 18% from the year before.
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.
SEIC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -1.2x | Net Cash |
| Q2 2025 | -1.2x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | -1.4x | Net Cash |
SEIC has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like SEIC.
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).
SEIC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.0 | Neutral |
| Stochastic | 54.3 | Neutral |
SEIC's weekly RSI is 66 (neutral) and its Stochastic is 54 (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.
SEIC PE vs Financial Services Sector
| Metric | SEIC | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 13x | 46% above |
| PE % | 73 | 63 | 10 pts above |
SEIC is trading at 19x earnings, a 46% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
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.
SEIC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $104.6 | 4.1% above |
| 20 week MA | $104.0 | 4.8% above |
| 50 week MA | $92.2 | 18% above |
| 100 week MA | $87.6 | 24% above |
| 200 week MA | $76.0 | 43% above |
SEIC 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.
SEIC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $65.8 | $56.5 | -14% |
| 2021 | $56.5 | $60.8 | +7.6% |
| 2022 | $60.8 | $58.1 | -4.5% |
| 2023 | $58.1 | $63.6 | +9.4% |
| 2024 | $63.6 | $83.4 | +31% |
| 2025 | $83.4 | $84.9 | +1.8% |
| 2026 YTD | $84.9 | $109.0 | +28% |
SEIC has the edge over IREN on returns for 2026, with the stronger performance.