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IREN stock: key metrics
IRENIREN had an operating margin of −148.1% and a return on invested capital (ROIC) of −19.8% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2019 | 0.0% | −10,700.8% | −15,301.0% |
| 2020 | 57.7% | −77.8% | −98.5% |
| 2021 | 71.9% | −4.0% | −764.6% |
| 2022 | 0.5% | 0.5% | −711.0% |
| 2023 | 28.0% | −64.3% | −227.6% |
| 2024 | 43.9% | −14.6% | −15.4% |
| 2025 | 68.3% | 4.4% | 17.4% |
| 2026 | 68.9% | −148.1% | −99.4% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2019 | −9.2% | −5.2% | −8.7% |
| 2020 | −24.3% | −25.7% | −12.8% |
| 2021 | 122.1% | −1.0% | −44.9% |
| 2022 | −96.0% | 0.1% | −73.6% |
| 2023 | −56.3% | −11.4% | −51.7% |
| 2024 | −2.6% | −4.7% | −2.5% |
| 2025 | 4.8% | 1.4% | 3.0% |
| 2026 | −16.8% | −19.8% | −4.4% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Jun 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 26 Jun 2026)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.