IREN Limited (NASDAQ: IREN) Earnings Preview: Key Financial Insights

• Earnings per share expected to be $0.17 with projected revenue of approximately $187.5 million.
• Concerns about liquidity with a current ratio of 0.46, suggesting potential struggles in covering short-term liabilities.

IREN Limited (NASDAQ: IREN) is gearing up to unveil its quarterly earnings on Thursday, August 28, 2025. Analysts are setting their expectations for the earnings per share at $0.17, alongside a projected revenue of approximately $187.5 million. 

The company has scheduled a conference call at 5:00 p.m. Eastern Time on the same day to delve into its financial outcomes. This session will also feature a Q&A, offering an opportunity for direct engagement with IREN's management team. Despite the anticipated revenue, the company's price-to-sales ratio of 14.83 indicates that investors are paying a premium for each dollar of sales, underlining high expectations.

IREN's enterprise value to sales ratio is slightly elevated at 15.20, reflecting the company's total valuation, inclusive of debt. However, its enterprise value to operating cash flow ratio is negative at -36.32, underscoring challenges in cash flow generation from operations. 

The company's debt-to-equity ratio is relatively modest at 0.23, suggesting a limited reliance on debt financing. Nonetheless, the current ratio of 0.46 raises liquidity concerns, indicating potential difficulties in meeting short-term liabilities with available assets. Investors are eagerly awaiting how IREN will tackle these challenges in its forthcoming earnings announcement.