vs
Side-by-side financial comparison of AdvanSix Inc. (ASIX) and IREN Ltd (IREN). Click either name above to swap in a different company.
AdvanSix Inc. is the larger business by last-quarter revenue ($359.9M vs $184.7M, roughly 1.9× IREN Ltd). AdvanSix Inc. runs the higher net margin — -0.8% vs -84.1%, a 83.4% gap on every dollar of revenue. On growth, IREN Ltd posted the faster year-over-year revenue change (59.0% vs 9.4%). AdvanSix Inc. produced more free cash flow last quarter ($36.1M vs $-468.0M).
AdvanSix Inc. is an American chemical company that produces nylon 6 and related chemicals such as caprolactam and ammonium sulfate fertilizers. It operated as Honeywell's Resins and Chemicals division until 2016, when it was spun off as a separate company. The unit accounted for 3 percent of Honeywell's sales at the time. For 2019, revenue is estimated at $1.4 billion. The company traces its lineage to the H. W. Jayne Company, established 1884 in Frankford, Pennsylvania.
IREN Ltd. is a vertically integrated data center business powering the future of Bitcoin, AI and beyond with renewable energy. It is strategically located in renewable-rich, fiber-connected regions across the US and Canada.
ASIX vs IREN — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $359.9M | $184.7M |
| Net Profit | $-2.8M | $-155.4M |
| Gross Margin | 7.6% | 64.4% |
| Operating Margin | -0.7% | -63.0% |
| Net Margin | -0.8% | -84.1% |
| Revenue YoY | 9.4% | 59.0% |
| Net Profit YoY | -892.9% | -610.0% |
| EPS (diluted) | $-0.11 | $-0.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $359.9M | $184.7M | ||
| Q3 25 | $374.5M | $240.3M | ||
| Q2 25 | $410.0M | — | ||
| Q1 25 | $377.8M | — | ||
| Q4 24 | $329.1M | $116.1M | ||
| Q3 24 | $398.2M | $52.8M | ||
| Q2 24 | $453.5M | — | ||
| Q1 24 | $336.8M | $54.3M |
| Q4 25 | $-2.8M | $-155.4M | ||
| Q3 25 | $-2.6M | $384.6M | ||
| Q2 25 | $31.4M | — | ||
| Q1 25 | $23.3M | — | ||
| Q4 24 | $352.0K | $-21.9M | ||
| Q3 24 | $22.3M | $-51.7M | ||
| Q2 24 | $38.9M | — | ||
| Q1 24 | $-17.4M | $8.6M |
| Q4 25 | 7.6% | 64.4% | ||
| Q3 25 | 6.8% | 66.4% | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 3.4% | 72.2% | ||
| Q3 24 | 14.4% | 39.6% | ||
| Q2 24 | 17.9% | — | ||
| Q1 24 | 0.9% | — |
| Q4 25 | -0.7% | -63.0% | ||
| Q3 25 | -0.9% | -31.8% | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | -3.9% | 14.9% | ||
| Q3 24 | 7.5% | -89.2% | ||
| Q2 24 | 11.5% | — | ||
| Q1 24 | -7.0% | 11.1% |
| Q4 25 | -0.8% | -84.1% | ||
| Q3 25 | -0.7% | 160.1% | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | 6.2% | — | ||
| Q4 24 | 0.1% | -18.8% | ||
| Q3 24 | 5.6% | -98.0% | ||
| Q2 24 | 8.6% | — | ||
| Q1 24 | -5.2% | 15.9% |
| Q4 25 | $-0.11 | $-0.52 | ||
| Q3 25 | $-0.10 | $1.08 | ||
| Q2 25 | $1.15 | — | ||
| Q1 25 | $0.86 | — | ||
| Q4 24 | $0.02 | $-0.10 | ||
| Q3 24 | $0.82 | $-0.27 | ||
| Q2 24 | $1.43 | — | ||
| Q1 24 | $-0.65 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $19.8M | $3.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $815.2M | $2.5B |
| Total Assets | $1.7B | $7.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | $3.3B | ||
| Q3 25 | $23.7M | $1.0B | ||
| Q2 25 | $18.4M | — | ||
| Q1 25 | $8.3M | — | ||
| Q4 24 | $19.6M | $427.3M | ||
| Q3 24 | $17.3M | $98.6M | ||
| Q2 24 | $12.1M | — | ||
| Q1 24 | $20.6M | $259.7M |
| Q4 25 | $815.2M | $2.5B | ||
| Q3 25 | $818.2M | $2.9B | ||
| Q2 25 | $823.7M | — | ||
| Q1 25 | $794.4M | — | ||
| Q4 24 | $774.6M | $1.2B | ||
| Q3 24 | $766.4M | $1.1B | ||
| Q2 24 | $746.6M | — | ||
| Q1 24 | $713.2M | $677.2M |
| Q4 25 | $1.7B | $7.0B | ||
| Q3 25 | $1.7B | $4.3B | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.6B | $1.9B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | $723.6M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $63.7M | $71.7M |
| Free Cash FlowOCF − Capex | $36.1M | $-468.0M |
| FCF MarginFCF / Revenue | 10.0% | -253.4% |
| Capex IntensityCapex / Revenue | 7.7% | 292.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $6.4M | $-701.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.7M | $71.7M | ||
| Q3 25 | $26.6M | $142.4M | ||
| Q2 25 | $21.1M | — | ||
| Q1 25 | $11.4M | — | ||
| Q4 24 | $64.2M | $53.6M | ||
| Q3 24 | $57.3M | $-3.9M | ||
| Q2 24 | $50.2M | — | ||
| Q1 24 | $-36.2M | $-27.1M |
| Q4 25 | $36.1M | $-468.0M | ||
| Q3 25 | $66.0K | $-38.0M | ||
| Q2 25 | $-7.2M | — | ||
| Q1 25 | $-22.6M | — | ||
| Q4 24 | $29.8M | $-85.5M | ||
| Q3 24 | $26.8M | $-109.7M | ||
| Q2 24 | $16.7M | — | ||
| Q1 24 | $-71.6M | $-108.3M |
| Q4 25 | 10.0% | -253.4% | ||
| Q3 25 | 0.0% | -15.8% | ||
| Q2 25 | -1.7% | — | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | 9.1% | -73.6% | ||
| Q3 24 | 6.7% | -208.0% | ||
| Q2 24 | 3.7% | — | ||
| Q1 24 | -21.3% | -199.4% |
| Q4 25 | 7.7% | 292.2% | ||
| Q3 25 | 7.1% | 75.0% | ||
| Q2 25 | 6.9% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 10.4% | 119.7% | ||
| Q3 24 | 7.7% | 200.6% | ||
| Q2 24 | 7.4% | — | ||
| Q1 24 | 10.5% | 149.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.37× | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 182.29× | — | ||
| Q3 24 | 2.57× | — | ||
| Q2 24 | 1.29× | — | ||
| Q1 24 | — | -3.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASIX
| Plant Nutrients | $140.0M | 39% |
| Chemical Intermediates | $92.8M | 26% |
| Caprolactam | $64.4M | 18% |
| Nylon Resins | $62.8M | 17% |
IREN
| Bitcoin Mining Revenue | $167.4M | 91% |
| AI Cloud Services | $17.3M | 9% |
