IREN Limited

IREN Limitedverified

IREN

Price:

$40.14

Market Cap:

$11.38B

IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.

Industry

Financial - Capital Markets

IPO Date

2021-11-17

Stock Exchange

NASDAQ

Ticker

IREN

The Enterprise Value as of December 2025 (TTM) for IREN Limited (IREN) is 11.31B

According to IREN Limited’s latest financial reports and current stock price. The company's current Enterprise Value is 11.31B. This represents a change of 164.78% compared to the average of 4.27B of the last 4 quarters.

IREN Limited (IREN) Historical Enterprise Value (quarterly & annually)

How has IREN Enterprise Value performed in the past?

The mean historical Enterprise Value of IREN Limited over the last ten years is 1.11B. The current 11.31B Enterprise Value has changed 101.57% with respect to the historical average. Over the past ten years (40 quarters), IREN's Enterprise Value was at its highest in in the September 2025 quarter at 10.10B. The Enterprise Value was at its lowest in in the December 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

1.11B

Median

854.52M

Minimum

135.47M

Maximum

3.53B

IREN Limited (IREN) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of IREN Limited Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 355.00%

Maximum Annual Enterprise Value = 3.53B

Minimum Annual Increase = -89.88%

Minimum Annual Enterprise Value = 135.47M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20253.53B312.66%
2024854.52M355.00%
2023187.81M38.63%
2022135.47M-89.88%
20211.34B-0.49%
20201.35B237.76%

IREN Limited (IREN) Average Enterprise Value

How has IREN Enterprise Value performed in the past?

The current Enterprise Value of IREN Limited (IREN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.52B

5-year avg

1.21B

10-year avg

1.11B

IREN Limited (IREN) Enterprise Value vs. Peers

How is IREN’s Enterprise Value compared to its peers?

IREN Limited’s Enterprise Value is less than Nomura Holdings, Inc. (29.85T), less than Tradeweb Markets Inc. (21.10B), less than Banco de Chile (27.63T), less than The Carlyle Group Inc. (30.44B), less than Principal Financial Group, Inc. (19.03B), less than KeyCorp (32.85B), greater than Galaxy Digital (8.88B), less than Houlihan Lokey, Inc. (12.08B),

CompanyEnterprise ValueMarket cap
29.85T$24.47B
21.10B$22.87B
27.63T$19.60B
30.44B$21.03B
19.03B$20.23B
32.85B$22.52B
8.88B$8.87B
12.08B$12.58B

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Frequently asked questions❓

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What is IREN Limited's Enterprise Value?

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How does the current Enterprise Value for IREN Limited (IREN) compare to its historical average?