IREN (IREN) stock

Data centers for bitcoin mining and AI cloudData centers

Worth $7.3B

$19.73

-7.85%

Data centers, worth $7.3BData centers

As of Tuesday's close · Live for Pro members at the open

Why is IREN down?

Down 7.8% today, more than its data center peers' 1.7%; no story names it yet.

Behind the market

Down 64% in a year while the S&P 500 rose 12%; up 621% over three years.

“Revenues decreased $39.9m, driven by lower average Bitcoin price combined with decommissioning of mining hardware ahead of GPU installation and billing”

IREN's May 7 release said

Sources: Price history, Nov 9, 2026; Company release, May 7, 2026

−2Long-term trend below a falling 200-day average, down over one year

Tell me next time IREN moves

Free account, no card. An optional alert when IREN moves or its score changes.

Or see it live, free until Thursday morning. No account.

1 more reason, free with an account →3 more reasons why IREN lags the market, from its filings, with the other side, the company's words, the timeline, and its peers, for Pro members.

Quality Score

-4

Poor

In its industry

#11of 17

Crypto Miners

Checks firing

0of 14

Trending down

From 52-week high

-72.1%

under its best in a year

IREN's Quality Score was unchanged on Tue, Nov 10, at -4.

See IREN's 14 chart checksSee it live, free until Thursday morning. No account. No card. Then keep going with a free account.

We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.

Key facts on IREN

Key facts on IREN
Since its 2025 high	Down 72% profit $86.9M → a $1.35B loss a year
Latest filing	8-K, Nov 5 Reported its quarterly results

1 more reason behind IREN's -4, free with an account →4 more reasons behind IREN's -4, for Pro members.

IREN in the news

TodayNo story names it yet.

Data center stocks rose together

Group

“AI Spending Stalls Despite Usage Surge, Ramp Data Shows”

IREN closed +20.0% that day.

Reported by TechCrunch · covered by 2 outlets

Get an alert on IREN's next big story →

The move is what IREN did that session, not a claim about why.

2 big stories on IREN in the past 12 months, for Pro members.

What's next

Tue Nov 24: Annual meeting, online4:30 PM ET. Proxy filed Oct 13.

Tested. Our top-scored stocks returned 2.2x the average stock over the next month. Reconstructed after the fact; recorded live since Sep 9, 2026. How we tested it

IREN catalysts

Coming up

After its last 4 reports it closed +5.1% on average, higher 3 of 4 times.

29 past catalysts since 2023, with sizes and sources, for Pro members.

How IREN ranks in Crypto Miners

IREN is #11 of 17 by Quality Score.

How IREN ranks in Crypto Miners
Rank	Stock	Checks	Quality Score
2	RIOTRiot Platforms	4/14	1
4	HUTHut 8	3/14	0
7	KEELKeel Infrastructure	1/14	-2
	HIVEHIVE Digital		Open for its score
	MARAMARA Holdings		Open for its score
11	IRENIREN	0/14	-4

Share count against a year before: IREN +47%, RIOT +2.9%, CIFR +5.5%, HUT +16%.

When does IREN report earnings, and what happens after?

Expected to report Thu Feb 4, after the close (in 86 days).

What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.

What IREN reported on Nov 5, 2026

The quarter

The figures are not read from the release yet.

The filing on EDGAR

Where the sales came from

IREN's results filing gives no sales by line in a table we read. Its annual report gives the year's, in About.

The outlook

The outlook the company gave, by period
Measure	Figure
January 2027
ARR	January 2027

Figures as filed (SEC filing, Nov 5)

2 more outlook lines, for Pro members.

The numbers

Market value: $7.3B; today
Sales: $695M; up 0.94% on the year
Free cash flow: -$2.5B; last 12 months

Sales grew 111% a year over 3 years, fiscal 2023 to 2026.

3 more figures, for Pro members.

No analyst estimates on Breakaway: every figure here is filed.

The whole report on IREN: every line of its sales, every outlook beside the one it replaced, and the company's words, for Pro members.

Close after the report, last 3

+7.7%-12.5%+20.0%

May 7Aug 27Nov 5

Reported	When	Gap	Reaction	5 days
Nov 5, 2026After close	After close	+17.3%	+20.0%	not yet
Aug 27, 2026After close	After close	-7.1%	-12.5%	+2.8%
May 7, 2026After close	After close	+12.3%	+7.7%	+2.7%

IREN closed higher after 3 of its last 4 reports.

All 4 reports, and IREN's Quality Score going into each

IREN sales and profit by year

Sales and profit by year

Sales grew every year from 2023 to 2026, to $707M. It lost money in 2026 after a profit in 2025.

Nothing is firing on IREN right now

Trend1 of 5 shown

MA FAN 21 EMA W.EMA HH/HL 52W HI

Volume1 of 3 shown

VOL VDU U/D VOL

Tight range1 of 3 shown

ATR SQZ SQUEEZE NR7

Buying1 of 3 shown

OBV+CLOSE HI SPRING

The other 10 checks on IREN, and all 14 on every stock.Get in free →

IREN RSI today: 33.6, below its 50-day and 200-day averages

Not scored

RSI 33.6, MACD below signal, below both averages. Not scored.13 readings

The deep dive on IREN

What it does and how it makes money4 findingsAn operating loss of $1.05B in fiscal 2026, on $707M of sales.Annual report, filed Aug 27, 2026
Where it stands4 findingsFor Pro members4 findings on where IREN stands: its cash, debt, and share count, for Pro members
What changed in its filings3 findings"On June 23, 2025, the Company filed a Notice of Appeal with the Tax Court of Canada, to dispute the CRA’s determination that the Company has a permanent establishment in Canada and the related GST assessment." (10-Q for the quarter to Sep 30, 2026)SEC filing · Nov 5, 2026Backlog rose 3,154% in a year, to $6.35B on Sep 30, 2026 from $195M: sales under contract, not yet delivered.Filed figures, Sep 30, 2026
Who holds and trades it4 findingsFor Pro members4 findings on who holds and trades IREN, for Pro members
Against its closest peers4 peersShare count against a year before: IREN +47%, RIOT +2.9%, CIFR +5.5%, HUT +16%.

12 more findings on IREN, each with its source, for Pro members.

IREN share count over time

Shares: 47.2% more than a year ago (to Sep 30).

Shares of IREN outstanding, as filed
Shares outstanding	As of
357.4M	Apr 30, 2026
332.3M	Jan 30, 2026
283.5M	Oct 31, 2025

Offerings, shelves, and splits of IREN, from its filings
From its filings	Filed
Set up an at-the-market program for up to $6B of shares, about 82% of its market value	Mar 4, 2026
Sold $1B of convertible notes, about 14% of its market value	Dec 4, 2025

IREN's officers and directors

Officers and directors with a Form 4 in the last 12 months.

Daniel John RobertsCo-Chief Executive Officer · no trades on file
William Gregory RobertsCo-Chief Executive Officer · no trades on file
Anthony J. LewisChief Financial Officer · no trades on file
Christopher GuzowskiDirector · no trades on file
David James BartholomewDirector · no trades on file
Michael AlfredDirector · no trades on file
Sunita ParasuramanDirector · no trades on file

See insider trades by person

Which ETFs hold IREN?

In ETFs: IREN is under 0.1% of FTEC and under 0.1% of VGT, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jul 31 to Aug 31, 2026.

About IREN

IREN owns data centers powered by renewable energy in Canada and the US for bitcoin mining and AI cloud infrastructure. The company is in the process of converting its existing bitcoin capacity for AI purposes and securing new power and land supply to expand its data center operations. IREN works closely with industry leaders in AI, such as Microsoft, to support their cloud infrastructure ambitions.

685 employeesSydneyiren.com

What IREN says it competes with

“The AI Cloud Services market is highly competitive and rapidly evolving.”

From its annual report, SEC filing · Aug 27, 2026

Here is what Pro members see.

The same page for Pro members, on Microsoft
Its Quality Score and rank, the line that drives it, and the live price.
The full chart
A year of candles to start, out to the whole history, with insider trades marked and the Quality Score under the price.
Every line of the score
Price action, the company, and signals, each with its points, on IREN and every other stock.
CEOs buying their own stock
Every CEO buy, biggest names first. Sort, filter, save the list, and set optional alerts.
Congress trades
A member's trades, newest first, each with its amount. Sort and filter the whole list.
14 chart checks, read for you
The ones firing on the stock, each in plain words, its rule a tap away.
Earnings, week by week
Who reports each day, and how each stock took its last four reports.
FDA dates, counted down
Each date in the company's words, its cash against the date, and an optional alert before it.
The market map
Every stock a box, colored by its Quality Score.
Themes, ranked live
Each theme's stocks ranked by Quality Score, live. Here, AI chips.
The top 10, every day
The ten highest Quality Scores at each close, kept day by day, week by week.
Optional alerts, your way
Pick a stock, a score, a price, a filing, or a whole scan. It tells you by push or email.
Your watchlist, scored
Your stocks by Quality Score, today's move, or name.
On your phone and your laptop
The same account and watchlist on both, each laid out for its screen.

Prices refresh every 2.5 seconds during market hours.
Optional alerts by push, email, or the bell.
Add it to your Home Screen and it opens like an app.

Pro members see every line of every stock's score.

What would turn IREN's score around: 9 things
3 more filings explained, a plain line each
4 more things pulling IREN's score down

See IREN's 14 chart checks

See it live, free until Thursday morning. No account. No card. Then keep going with a free account.

Straight AnswersStraight Answers

As of Nov 10, 2026: IREN's Quality Score is -4 (Poor), #11 of 17 in Crypto Miners.

What does IREN's Quality Score say?

IREN scores -4 today, which Breakaway calls Poor. It is #11 of 17 in Crypto Miners & Data Centers by Quality Score, with 0 of 14 chart checks firing. Down 64% in a year while the S&P 500 rose 12%; up 621% over three years. Shares: 47.2% more than a year ago (to Sep 30). Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.

What is IREN's Quality Score?

IREN scores -4 today, which Breakaway calls Poor (below zero). That is #11 of 17 in Crypto Miners & Data Centers by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind IREN's -4.

When does IREN report earnings?

Expected to report Thu Feb 4, after the close, a date Breakaway expects from the company's usual timing; the company has not confirmed it. IREN closed higher after 3 of its last 4 reports. Past behavior, not a forecast.

Are the prices delayed?

Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.