Which has grown faster, IREN or TOST?

Over the past five years, IREN grew revenue faster — IREN at a 160.68% CAGR versus TOST at 41.80%.

Is IREN or TOST more profitable?

TOST runs the higher net margin — IREN at -99.38% versus TOST at 7.14%.

IREN Limited (IREN) vs Toast, Inc. (TOST)

A side-by-side comparison of IREN Limited and Toast, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

IREN

IREN Limited

$16.66B

$46.68TechnologyDelayed quote: Sep 18, 2026, 4:00 PM EDT

TOST

Toast, Inc.

$17.25B

$29.74TechnologyDelayed quote: Sep 18, 2026, 4:00 PM EDT

Total return — IREN vs TOST

growth of $100 · dividends reinvested · last 5y

IREN +79.3% (+12.4%/yr)TOST -31.7% (-7.3%/yr)IREN compounded faster over this window

IREN TOST

IREN vs TOST: by the numbers

•TOST is the larger company ($17.25B vs $16.66B market cap).
•TOST is profitable (7.14% net margin) while IREN runs a net loss (-99.38%).
•IREN grew revenue faster over the past five years (160.68% vs 41.80% CAGR).

Metrics side by side

Valuation

Metric	IREN	TOST
P/E ratio	N/A	38.13
Forward P/E	N/A	21.48
P/S ratio	23.56	2.54
P/B ratio	3.98	8.43
EV / EBITDA	N/A	33.34
FCF yield	N/A	3.34%

Profitability

Metric	IREN	TOST
Gross margin	68.93%	26.68%
Operating margin	-148.05%	6.39%
Net margin	-99.38%	7.14%
ROE	-16.79%	23.77%
ROIC	-7.62%	20.94%

Growth (annualized)

Metric	IREN	TOST
Revenue CAGR (5Y)	160.68%	41.80%
FCF CAGR (5Y)	N/A	119.83%

Frequently asked

Which has grown faster, IREN or TOST?: Over the past five years, IREN grew revenue faster — IREN at a 160.68% CAGR versus TOST at 41.80%.
Is IREN or TOST more profitable?: TOST runs the higher net margin — IREN at -99.38% versus TOST at 7.14%.

Go deeper

Full IREN analysis Full TOST analysis Interactive comparison tool

Dig into the metrics

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

IREN & Toast appear in these rankings

Fastest Revenue Growth Stocks Highest ROIC 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 13, 2026.