Which has grown faster, DEFT or IREN?

Over the past five years, DEFT grew revenue faster — DEFT at a 165.97% CAGR versus IREN at 160.68%.

Is DEFT or IREN more profitable?

DEFT runs the higher net margin — DEFT at 78.41% versus IREN at -99.38%.

DeFi Technologies Inc. (DEFT) vs IREN Limited (IREN)

A side-by-side comparison of DeFi Technologies Inc. and IREN Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

Different business models: DEFT is classified in Financial Services; IREN is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

DEFT

DeFi Technologies Inc.

$224M

$0.58Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

IREN

IREN Limited

$15.64B

$43.83TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — DEFT vs IREN

growth of $100 · dividends reinvested · last 2y

DEFT -67.3% (-42.8%/yr)IREN +484.2% (+141.7%/yr)IREN compounded faster over this window

Log scale — wide-divergence pair

DEFT IREN

DEFT vs IREN: by the numbers

•IREN is the larger company ($15.64B vs $224M market cap).
•DEFT is profitable (78.41% net margin) while IREN runs a net loss (-99.38%).
•DEFT grew revenue faster over the past five years (165.97% vs 160.68% CAGR).

Metrics side by side

Valuation

Metric	DEFT	IREN
P/E ratio	9.01	N/A
P/S ratio	6.87	22.12
P/B ratio	1.57	3.74

Profitability

Metric	DEFT	IREN
Gross margin	70.40%	68.93%
Operating margin	37.40%	-148.05%
Net margin	78.41%	-99.38%
ROE	17.93%	-16.79%
ROIC	N/A	-7.62%

Growth (annualized)

Metric	DEFT	IREN
Revenue CAGR (5Y)	165.97%	160.68%
EPS CAGR (5Y)	48.85%	N/A

Frequently asked

Which has grown faster, DEFT or IREN?: Over the past five years, DEFT grew revenue faster — DEFT at a 165.97% CAGR versus IREN at 160.68%.
Is DEFT or IREN more profitable?: DEFT runs the higher net margin — DEFT at 78.41% versus IREN at -99.38%.

Go deeper

Full DEFT analysis Full IREN analysis Interactive comparison tool

Dig into the metrics

DeFi Technologies P/E ratio DeFi Technologies ROE IREN ROE DeFi Technologies operating margin IREN operating margin DeFi Technologies revenue growth IREN revenue growth IREN free cash flow

DeFi Technologies & IREN appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.