IREN
IREN Limited
There isn't enough reported data to score IREN yet.
TOWN
TowneBank
TOWN's fundamentals are strong: revenue grew 24% and its operating margin rose 11 points to 31%. At 10x earnings, it's trading below its usual 12x. 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.
TOWN Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
TOWN's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like TOWN.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
TOWN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.8x | $34.90 | -4.6% |
| Current | 10x | $36.59 | — |
| Forward | 11x | $36.59 | — |
| Fair | 12x | $44.23 | +21% |
| Expensive | 16x | $57.49 | +57% |
Historical ranges are pointers, not guarantees.
TOWN's PE is in its cheap range at 10x. On analysts' estimates for next year's earnings, today's price would be 11x.
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.
TOWN Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TOWN, with profitability holding steady.
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.
TOWN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.32 | -6.6% |
| Q2 2026 | $3.56 | +54% |
| Q1 2026 | $1.99 | -16% |
| Q4 2025 | $2.21 | +2.8% |
| Q3 2025 | $2.25 | +13% |
| Q2 2025 | $2.31 | +14% |
| Q1 2025 | $2.36 | +17% |
| Q4 2024 | $2.15 | +3.9% |
| Q3 2024 | $1.99 | -14% |
TOWN 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.
TOWN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $497.4M | +79% |
| Q1 2026 | $260.5M | -0.2% |
| Q4 2025 | $255.1M | +0.5% |
| Q3 2025 | $287.1M | +11% |
| Q2 2025 | $277.9M | +6.5% |
| Q1 2025 | $261.2M | +4.1% |
| Q4 2024 | $253.9M | +9% |
| Q3 2024 | $258.9M | +6.7% |
TOWN's revenue is growing: $497M last quarter, up 79% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 51% | +33 points |
| Q1 2026 | 19% | -3.4 points |
| Q4 2025 | 21% | +2 points |
| Q3 2025 | 16% | -2.6 points |
| Q2 2025 | 18% | -1.5 points |
| Q1 2025 | 23% | +5.7 points |
| Q4 2024 | 19% | +5.5 points |
| Q3 2024 | 19% | -3.5 points |
TOWN 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.
TOWN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$38.6M | +$3.9M |
| Q1 2026 | $26.9M | -76% |
| Q4 2025 | $102.3M | +15% |
| Q3 2025 | $41.3M | +$97.6M |
| Q2 2025 | -$42.5M | -312% |
| Q1 2025 | $110.6M | +293% |
| Q4 2024 | $89.2M | +145% |
| Q3 2024 | -$56.3M | -162% |
TOWN 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 TOWN 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 | — |
TOWN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.9% | +1.7M shares |
| 1 year | +22% | +16.9M shares |
| 3 years | +24% | +17.8M shares |
| 5 years | +27% | +19.9M shares |
| Available history | +28% | +20.2M shares |
TOWN has 92M diluted shares, up 22% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
TOWN hasn't bought back shares in 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.
TOWN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | -3.7x | Net Cash |
| Q2 2025 | -3.4x | Net Cash |
| Q1 2025 | -4.3x | Net Cash |
| Q4 2024 | -4.6x | Net Cash |
| Q3 2024 | -4.8x | Net Cash |
TOWN 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).
TOWN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.8 | Neutral |
| Stochastic | 49.9 | Neutral |
TOWN's weekly RSI is 53 (neutral) and its Stochastic is 50 (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.
TOWN PE vs Financial Services Sector
| Metric | TOWN | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 13x | 21% below |
| PE % | 25 | 63 | 38 pts below |
TOWN is trading at 10x earnings, a 21% 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.
TOWN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.1 | 1.4% above |
| 20 week MA | $36.7 | 0.3% below |
| 50 week MA | $35.6 | 2.9% above |
| 100 week MA | $35.0 | 4.5% above |
| 200 week MA | $31.5 | 16% above |
TOWN 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.
TOWN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.9 | $23.5 | -16% |
| 2021 | $23.5 | $31.6 | +35% |
| 2022 | $31.6 | $30.9 | -2% |
| 2023 | $30.9 | $29.8 | -3.8% |
| 2024 | $29.8 | $34.4 | +16% |
| 2025 | $34.4 | $33.7 | -2.1% |
| 2026 YTD | $33.7 | $36.6 | +8.6% |
TOWN has the edge over IREN on returns for 2026, with the stronger performance.