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Annual · values202520242023
Operating Cash Flow245.89 M USD52.22 M USD5.73 M USD
Depreciation & Amortization181.14 M USD50.47 M USD30.67 M USD
Stock-Based Compensation42.64 M USD23.64 M USD14.36 M USD
Capital Expenditures573.46 M USD141.85 M USD116.06 M USD
Cash Flow from Investing-1.38 B USD-498.47 M USD-71.47 M USD
Cash Flow from Financing1.29 B USD782.63 M USD28.56 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-327.57 M USD-89.64 M USD-110.33 M USD

IREN Limited is a next-generation data center company focused on power-dense computing workloads, including Bitcoin mining, artificial intelligence, and other high-performance applications. The company designs, owns, and operates vertically integrated data centers, controlling key components such as computing hardware, electrical infrastructure, and supporting facilities to optimize efficiency and reliability. Its operations are powered primarily by renewable energy, with grid-connected sites located in energy-abundant, fiber-connected regions across North America and other selected markets, supporting both sustainability and cost-effective compute at scale. IREN Limited generates revenue mainly from Bitcoin mining by earning block rewards and transaction fees, which are converted into traditional currencies, and increasingly from infrastructure and cloud-style services tailored to AI and high-performance computing clients. Serving enterprises and digital asset networks that require large-scale, resilient compute capacity, IREN Limited positions itself at the intersection of digital infrastructure, financial services, and information technology. Incorporated in 2018 and headquartered in Sydney, Australia, the company plays a notable role in supplying sustainable infrastructure for emerging compute-intensive industries.