IREN Ltd（IREN）の財務IRENIREN Ltd

IREN Limited (IREN) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is AI Cloud Services revenue, accounting for 51.4% of total sales, equivalent to $70.52M. Another important revenue stream is Bitcoin Mining. Understanding this composition is critical for investors evaluating how IREN navigates market cycles within the Blockchain & Cryptocurrency industry.

Evaluating the bottom line, IREN Limited maintains a gross margin of -5.97%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -101.63%, while the net margin is -498.45%. These profitability ratios, combined with a Return on Equity (ROE) of -23.41%, provide a clear picture of how effectively IREN converts its operational activities into shareholder value.

In the context of the broader market, IREN competes directly with industry leaders such as AKAM and TYL. With a market capitalization of $15.60B, it holds a leading position in the sector. When comparing efficiency, IREN's gross margin of -5.97% stands against AKAM's 53.53% and TYL's 45.19%. Such benchmarking helps identify whether IREN Limited is trading at a premium or discount relative to its financial performance.

The company reported a revenue increase to $707 million in 2026, but this was overshadowed by a $702.6 million loss, highlighting severe financial challenges. The gross margin has also fluctuated significantly, with a recent negative gross margin of -5.97% in Q4 2026, indicating ongoing profitability issues.