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Side-by-side financial comparison of BJs RESTAURANTS INC (BJRI) and IREN Ltd (IREN). Click either name above to swap in a different company.
BJs RESTAURANTS INC is the larger business by last-quarter revenue ($355.4M vs $184.7M, roughly 1.9× IREN Ltd). BJs RESTAURANTS INC runs the higher net margin — 3.6% vs -84.1%, a 87.7% gap on every dollar of revenue. On growth, IREN Ltd posted the faster year-over-year revenue change (59.0% vs 3.2%).
BJ's Restaurants Inc. operates a chain of casual dining restaurants across the United States. Its menu features signature deep-dish pizzas, craft beers, handcrafted cocktails, and a wide range of American comfort food. The brand primarily serves family groups, friend gatherings, and casual diners seeking affordable, high-quality meals in a relaxed, welcoming in-store environment.
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.
BJRI vs IREN — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $355.4M | $184.7M |
| Net Profit | $12.6M | $-155.4M |
| Gross Margin | 74.5% | 64.4% |
| Operating Margin | 3.1% | -63.0% |
| Net Margin | 3.6% | -84.1% |
| Revenue YoY | 3.2% | 59.0% |
| Net Profit YoY | -24.2% | -610.0% |
| EPS (diluted) | $0.58 | $-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 | $355.4M | $184.7M | ||
| Q3 25 | $365.6M | $240.3M | ||
| Q2 25 | $348.0M | — | ||
| Q4 24 | $325.7M | $116.1M | ||
| Q3 24 | $349.9M | $52.8M | ||
| Q2 24 | $337.3M | — | ||
| Q1 24 | — | $54.3M | ||
| Q4 23 | — | $42.6M |
| Q4 25 | $12.6M | $-155.4M | ||
| Q3 25 | $22.2M | $384.6M | ||
| Q2 25 | $13.5M | — | ||
| Q4 24 | $-2.9M | $-21.9M | ||
| Q3 24 | $17.2M | $-51.7M | ||
| Q2 24 | $7.7M | — | ||
| Q1 24 | — | $8.6M | ||
| Q4 23 | — | $-5.2M |
| Q4 25 | 74.5% | 64.4% | ||
| Q3 25 | 75.2% | 66.4% | ||
| Q2 25 | 75.0% | — | ||
| Q4 24 | 73.4% | 72.2% | ||
| Q3 24 | 74.3% | 39.6% | ||
| Q2 24 | 74.8% | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | 3.1% | -63.0% | ||
| Q3 25 | 5.8% | -31.8% | ||
| Q2 25 | 4.3% | — | ||
| Q4 24 | -0.8% | 14.9% | ||
| Q3 24 | 3.8% | -89.2% | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | — | 11.1% | ||
| Q4 23 | — | -5.2% |
| Q4 25 | 3.6% | -84.1% | ||
| Q3 25 | 6.1% | 160.1% | ||
| Q2 25 | 3.9% | — | ||
| Q4 24 | -0.9% | -18.8% | ||
| Q3 24 | 4.9% | -98.0% | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | — | 15.9% | ||
| Q4 23 | — | -12.3% |
| Q4 25 | $0.58 | $-0.52 | ||
| Q3 25 | $0.97 | $1.08 | ||
| Q2 25 | $0.58 | — | ||
| Q4 24 | $-0.13 | $-0.10 | ||
| Q3 24 | $0.72 | $-0.27 | ||
| Q2 24 | $0.32 | — | ||
| Q1 24 | — | $0.00 | ||
| Q4 23 | — | $-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 | $23.8M | $3.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $366.2M | $2.5B |
| Total Assets | $1.0B | $7.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.8M | $3.3B | ||
| Q3 25 | $26.0M | $1.0B | ||
| Q2 25 | $19.0M | — | ||
| Q4 24 | $18.4M | $427.3M | ||
| Q3 24 | $16.2M | $98.6M | ||
| Q2 24 | $18.8M | — | ||
| Q1 24 | — | $259.7M | ||
| Q4 23 | — | $90.3M |
| Q4 25 | — | — | ||
| Q3 25 | $60.5M | — | ||
| Q2 25 | $85.5M | — | ||
| Q4 24 | $66.5M | — | ||
| Q3 24 | $63.5M | — | ||
| Q2 24 | $58.0M | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | $366.2M | $2.5B | ||
| Q3 25 | $386.6M | $2.9B | ||
| Q2 25 | $371.5M | — | ||
| Q4 24 | $376.2M | $1.2B | ||
| Q3 24 | $386.5M | $1.1B | ||
| Q2 24 | $375.4M | — | ||
| Q1 24 | — | $677.2M | ||
| Q4 23 | — | $381.8M |
| Q4 25 | $1.0B | $7.0B | ||
| Q3 25 | $1.0B | $4.3B | ||
| Q2 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $1.9B | ||
| Q3 24 | $1.0B | $1.3B | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | — | $723.6M | ||
| Q4 23 | — | $417.2M |
| Q4 25 | — | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.23× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
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 | — | $71.7M |
| Free Cash FlowOCF − Capex | — | $-468.0M |
| FCF MarginFCF / Revenue | — | -253.4% |
| Capex IntensityCapex / Revenue | — | 292.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-701.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $71.7M | ||
| Q3 25 | $62.3M | $142.4M | ||
| Q2 25 | $4.6M | — | ||
| Q4 24 | $27.3M | $53.6M | ||
| Q3 24 | $20.2M | $-3.9M | ||
| Q2 24 | $22.3M | — | ||
| Q1 24 | — | $-27.1M | ||
| Q4 23 | — | $17.4M |
| Q4 25 | — | $-468.0M | ||
| Q3 25 | $41.9M | $-38.0M | ||
| Q2 25 | $-12.1M | — | ||
| Q4 24 | $7.6M | $-85.5M | ||
| Q3 24 | $735.0K | $-109.7M | ||
| Q2 24 | $448.0K | — | ||
| Q1 24 | — | $-108.3M | ||
| Q4 23 | — | — |
| Q4 25 | — | -253.4% | ||
| Q3 25 | 11.5% | -15.8% | ||
| Q2 25 | -3.5% | — | ||
| Q4 24 | 2.3% | -73.6% | ||
| Q3 24 | 0.2% | -208.0% | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | — | -199.4% | ||
| Q4 23 | — | — |
| Q4 25 | — | 292.2% | ||
| Q3 25 | 5.6% | 75.0% | ||
| Q2 25 | 4.8% | — | ||
| Q4 24 | 6.0% | 119.7% | ||
| Q3 24 | 5.6% | 200.6% | ||
| Q2 24 | 6.5% | — | ||
| Q1 24 | — | 149.5% | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 2.80× | 0.37× | ||
| Q2 25 | 0.34× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 2.89× | — | ||
| Q1 24 | — | -3.13× | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BJRI
Segment breakdown not available.
IREN
| Bitcoin Mining Revenue | $167.4M | 91% |
| AI Cloud Services | $17.3M | 9% |
