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Side-by-side financial comparison of IREN Ltd (IREN) and KFORCE INC (KFRC). Click either name above to swap in a different company.
KFORCE INC is the larger business by last-quarter revenue ($330.4M vs $184.7M, roughly 1.8× IREN Ltd). KFORCE INC runs the higher net margin — 2.4% vs -84.1%, a 86.5% gap on every dollar of revenue. On growth, IREN Ltd posted the faster year-over-year revenue change (59.0% vs 0.1%). KFORCE INC produced more free cash flow last quarter ($-7.4M vs $-468.0M).
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.
Kforce Inc. is a professional staffing and solutions firm headquartered in the United States. It provides skilled professional placements and specialized workforce solutions primarily across technology, finance & accounting, and healthcare segments, serving a wide range of mid-sized to large enterprise clients nationwide.
IREN vs KFRC — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $184.7M | $330.4M |
| Net Profit | $-155.4M | $7.9M |
| Gross Margin | 64.4% | 27.3% |
| Operating Margin | -63.0% | 3.6% |
| Net Margin | -84.1% | 2.4% |
| Revenue YoY | 59.0% | 0.1% |
| Net Profit YoY | -610.0% | -2.7% |
| EPS (diluted) | $-0.52 | $0.46 |
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.
| Q1 26 | — | $330.4M | ||
| Q4 25 | $184.7M | $332.0M | ||
| Q3 25 | $240.3M | $332.6M | ||
| Q2 25 | — | $334.3M | ||
| Q1 25 | — | $330.0M | ||
| Q4 24 | $116.1M | $343.8M | ||
| Q3 24 | $52.8M | $353.3M | ||
| Q2 24 | — | $356.3M |
| Q1 26 | — | $7.9M | ||
| Q4 25 | $-155.4M | $5.2M | ||
| Q3 25 | $384.6M | $11.1M | ||
| Q2 25 | — | $10.4M | ||
| Q1 25 | — | $8.1M | ||
| Q4 24 | $-21.9M | $11.1M | ||
| Q3 24 | $-51.7M | $14.2M | ||
| Q2 24 | — | $14.2M |
| Q1 26 | — | 27.3% | ||
| Q4 25 | 64.4% | 27.2% | ||
| Q3 25 | 66.4% | 27.7% | ||
| Q2 25 | — | 27.1% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | 72.2% | 27.0% | ||
| Q3 24 | 39.6% | 27.9% | ||
| Q2 24 | — | 27.8% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | -63.0% | 2.6% | ||
| Q3 25 | -31.8% | 4.5% | ||
| Q2 25 | — | 4.5% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | 14.9% | 4.5% | ||
| Q3 24 | -89.2% | 5.3% | ||
| Q2 24 | — | 5.5% |
| Q1 26 | — | 2.4% | ||
| Q4 25 | -84.1% | 1.6% | ||
| Q3 25 | 160.1% | 3.3% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | -18.8% | 3.2% | ||
| Q3 24 | -98.0% | 4.0% | ||
| Q2 24 | — | 4.0% |
| Q1 26 | — | $0.46 | ||
| Q4 25 | $-0.52 | $0.29 | ||
| Q3 25 | $1.08 | $0.63 | ||
| Q2 25 | — | $0.59 | ||
| Q1 25 | — | $0.45 | ||
| Q4 24 | $-0.10 | $0.60 | ||
| Q3 24 | $-0.27 | $0.75 | ||
| Q2 24 | — | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.3B | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.5B | $117.4M |
| Total Assets | $7.0B | $384.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $3.3B | $2.1M | ||
| Q3 25 | $1.0B | $1.3M | ||
| Q2 25 | — | $2.5M | ||
| Q1 25 | — | $444.0K | ||
| Q4 24 | $427.3M | $349.0K | ||
| Q3 24 | $98.6M | $127.0K | ||
| Q2 24 | — | $110.0K |
| Q1 26 | — | $117.4M | ||
| Q4 25 | $2.5B | $124.6M | ||
| Q3 25 | $2.9B | $132.1M | ||
| Q2 25 | — | $134.4M | ||
| Q1 25 | — | $138.0M | ||
| Q4 24 | $1.2B | $154.6M | ||
| Q3 24 | $1.1B | $167.4M | ||
| Q2 24 | — | $166.6M |
| Q1 26 | — | $384.8M | ||
| Q4 25 | $7.0B | $365.6M | ||
| Q3 25 | $4.3B | $374.2M | ||
| Q2 25 | — | $373.6M | ||
| Q1 25 | — | $368.2M | ||
| Q4 24 | $1.9B | $357.8M | ||
| Q3 24 | $1.3B | $369.9M | ||
| Q2 24 | — | $362.7M |
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 | $-7.4M |
| FCF MarginFCF / Revenue | -253.4% | -2.2% |
| Capex IntensityCapex / Revenue | 292.2% | 1.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-701.2M | $43.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $71.7M | $19.7M | ||
| Q3 25 | $142.4M | $23.3M | ||
| Q2 25 | — | $18.4M | ||
| Q1 25 | — | $249.0K | ||
| Q4 24 | $53.6M | $21.8M | ||
| Q3 24 | $-3.9M | $31.0M | ||
| Q2 24 | — | $20.9M |
| Q1 26 | — | $-7.4M | ||
| Q4 25 | $-468.0M | $16.7M | ||
| Q3 25 | $-38.0M | $19.8M | ||
| Q2 25 | — | $14.2M | ||
| Q1 25 | — | $-3.9M | ||
| Q4 24 | $-85.5M | $20.9M | ||
| Q3 24 | $-109.7M | $27.5M | ||
| Q2 24 | — | $17.8M |
| Q1 26 | — | -2.2% | ||
| Q4 25 | -253.4% | 5.0% | ||
| Q3 25 | -15.8% | 6.0% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | -73.6% | 6.1% | ||
| Q3 24 | -208.0% | 7.8% | ||
| Q2 24 | — | 5.0% |
| Q1 26 | — | 1.0% | ||
| Q4 25 | 292.2% | 0.9% | ||
| Q3 25 | 75.0% | 1.1% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | 119.7% | 0.3% | ||
| Q3 24 | 200.6% | 1.0% | ||
| Q2 24 | — | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.82× | ||
| Q3 25 | 0.37× | 2.11× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 1.97× | ||
| Q3 24 | — | 2.18× | ||
| Q2 24 | — | 1.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IREN
| Bitcoin Mining Revenue | $167.4M | 91% |
| AI Cloud Services | $17.3M | 9% |
KFRC
Segment breakdown not available.
