IREN Limited (IREN) vs NuScale Power Corporation (SMR)
A side-by-side comparison of IREN Limited and NuScale Power Corporation 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: IREN is classified in Technology; SMR is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
IREN
IREN Limited
$43.83TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
SMR
NuScale Power Corporation
$8.60IndustrialsDelayed quote: Sep 11, 2026, 3:59 PM EDT
Total return — IREN vs SMR
growth of $100 · dividends reinvested · last 5yIREN +78.5% (+12.3%/yr)SMR +2.5% (+0.5%/yr)IREN compounded faster over this window
IREN SMR
IREN vs SMR: by the numbers
- •IREN is the larger company ($15.64B vs $2.56B market cap).
- •Both run net losses; IREN's is the smaller (-99.38% vs -3888.70% net margin).
- •IREN grew revenue faster over the past five years (160.68% vs 120.81% CAGR).
Metrics side by side
Valuation
| Metric | IREN | SMR |
|---|---|---|
| P/S ratio | 22.12 | 239.88 |
| P/B ratio | 3.74 | 1.24 |
Profitability
| Metric | IREN | SMR |
|---|---|---|
| Gross margin | 68.93% | 36.31% |
| Operating margin | -148.05% | -2190.57% |
| Net margin | -99.38% | -3888.70% |
| ROE | -16.79% | -20.17% |
| ROIC | -7.62% | -36.27% |
Growth (annualized)
| Metric | IREN | SMR |
|---|---|---|
| Revenue CAGR (5Y) | 160.68% | 120.81% |
| Total return CAGR (5Y) | N/A | 2.28% |
Frequently asked
- Which has grown faster, IREN or SMR?
- Over the past five years, IREN grew revenue faster — IREN at a 160.68% CAGR versus SMR at 120.81%.
Go deeper
Dig into the metrics
IREN ROENuScale Power ROEIREN operating marginNuScale Power operating marginIREN revenue growthNuScale Power revenue growthIREN free cash flowNuScale Power free cash flow
IREN & NuScale Power appear in these rankings
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.