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Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
Our Company We are a leading owner and operator of next-generation data centers powered by 100% renewable energy (whether from clean or renewable energy sources or through the purchase of renewable energy certificates ( RECs )). Our data centers are purpose-built for power dense computing applications and today support a combination of GPUs for HPC and AI services and ASICs for Bitcoin mining.
$41.65
+$2.05 (+5.18%)
EOD Sep 3, 2026
The business is unprofitable at the operating level (-148.05% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 41.1%, still solid. Margins contracted 151.5pp, which offsets some of the top-line progress.
ROIC dropped from 0.55% to -11.17%, capital efficiency is deteriorating. Negative free cash flow of -$898M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$707M
▲ +41.1% YoY
Net Income (TTM)
-$703M
▼ -908.2% YoY
Op. Margin
-148.05%
▼ -151.5pp YoY
ROIC
-11.17%
▼ -11.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$898M
▼ -174.0% YoY
Op. Cash Flow (TTM)
$2.10B
▲ +754.2% YoY
Net Debt
$1.94B
Cash & Equiv.
$5.90B
3Y CAGR: +110.8%
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SourceComputed from the 10-Q filed 27 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 28 Aug 2026. How this is calculated.
Price from market data, last close as of 3 Sept 2026. Fiscal year ends Jun. Sector medians are approximate S&P 500 benchmarks and update periodically.
IREN (IREN)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, IREN scores 64/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
IREN scores 64 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a -148.0% operating margin and a -11.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh IREN's valuation and scores 64/100 on quality (solid). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.