Revenue Breakdown
Composition ()
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Revenue Streams
IREN Ltd (IREN) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Bitcoin Mining, accounting for 76.8% of total sales, equivalent to $111.16M. Another important revenue stream is AI Cloud Services revenue. Understanding this composition is critical for investors evaluating how IREN navigates market cycles within the Blockchain & Cryptocurrency industry.
Profitability & Margins
Evaluating the bottom line, IREN Ltd maintains a gross margin of -11.31%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -64.47%, while the net margin is -171.16%. These profitability ratios, combined with a Return on Equity (ROE) of N/A, provide a clear picture of how effectively IREN converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, IREN competes directly with industry leaders such as VRSK and AKAM. With a market capitalization of $18.92B, it holds a significant position in the sector. When comparing efficiency, IREN's gross margin of -11.31% stands against VRSK's 59.00% and AKAM's 53.76%. Such benchmarking helps identify whether IREN Ltd is trading at a premium or discount relative to its financial performance.
