IREN Ltd (NASDAQ:IREN) — Market Cap & Net Worth
Market Cap & Net Worth: IREN Ltd (IREN)
IREN Ltd (NASDAQ:IREN) has a market capitalization of $12.89 Billion ($12.89 Billion) as of June 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #1858 globally and #691 in its home market, demonstrating a 7.57% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying IREN Ltd's stock price $58.11 by its total outstanding shares 331759177 (331.76 Million). Review IREN liabilities breakdown to assess the company's total debt and financial obligations.
IREN Ltd Market Cap History: 2021 to 2026
IREN Ltd's market capitalization history from 2021 to 2026. Data shows growth from $5.36 Billion to $19.28 Billion (20.79% CAGR).
Index Memberships
IREN Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.74 Trillion | 0.03% | #213 of 3165 |
Weight: IREN Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
IREN Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how IREN Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
25.01x
IREN Ltd's market cap is 25.01 times its annual revenue
Latest Price to Earnings (P/E) Ratio
144.13x
IREN Ltd's market cap is 144.13 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $5.36 Billion | $7.90 Million | -$60.39 Million | 679.23x | N/A |
| 2022 | $414.70 Million | $59.04 Million | -$419.77 Million | 7.02x | N/A |
| 2023 | $2.37 Billion | $75.51 Million | -$171.83 Million | 31.41x | N/A |
| 2024 | $3.26 Billion | $187.19 Million | -$28.92 Million | 17.40x | N/A |
| 2025 | $12.53 Billion | $501.02 Million | $86.94 Million | 25.01x | 144.13x |
Competitor Companies of IREN by Market Capitalization
Companies near IREN Ltd in the global market cap rankings as of June 18, 2026.
Key companies related to IREN Ltd by market ranking:
- Morgan Stanley (NYSE:MS): Ranked #46 globally with a market cap of $334.76 Billion USD.
- Morgan Stanley (SA:MSBR34): Ranked #55 globally with a market cap of $293.89 Billion USD ( R$1.50 Trillion BRL).
- Goldman Sachs Group Inc (NYSE:GS): Ranked #79 globally with a market cap of $236.20 Billion USD.
- Charles Schwab Corp (NYSE:SCHW): Ranked #138 globally with a market cap of $167.94 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #46 | Morgan Stanley | NYSE:MS | $334.76 Billion | $224.96 |
| #55 | Morgan Stanley | SA:MSBR34 | $293.89 Billion | R$188.48 |
| #79 | Goldman Sachs Group Inc | NYSE:GS | $236.20 Billion | $1099.14 |
| #138 | Charles Schwab Corp | NYSE:SCHW | $167.94 Billion | $94.51 |
IREN Ltd Historical Marketcap From 2021 to 2026
Between 2021 and today, IREN Ltd's market cap moved from $5.36 Billion to $ 19.28 Billion, with a yearly change of 20.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $19.28 Billion | +53.85% |
| 2025 | $12.53 Billion | +284.62% |
| 2024 | $3.26 Billion | +37.34% |
| 2023 | $2.37 Billion | +472.00% |
| 2022 | $414.70 Million | -92.27% |
| 2021 | $5.36 Billion | -- |
End of Day Market Cap According to Different Sources
On Jun 18th, 2026 the market cap of IREN Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $12.89 Billion USD |
| MoneyControl | $12.89 Billion USD |
| MarketWatch | $12.89 Billion USD |
| marketcap.company | $12.89 Billion USD |
| Reuters | $12.89 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About IREN Ltd
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 kno… Read more