What if you invested in Iris Energy in 2023?

IREN · Technology · Data through 2026-06-01

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If you invested $1,000 in Iris Energy in 2023

$21,369today
+2036.9% total return|+135% annualized

The same $1,000 in the S&P 500 would be worth $1,916(+91.6%)

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The S&P 500 returned $1,916 on the same $1,000. Iris Energy beat the market by $19,453.

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What if Iris Energy keeps this up?

Project forward at Iris Energy's 135% historical growth rate. See 5-30 year scenarios.

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Growth of $1,000

Iris Energy vs. S&P 500 vs. US Dollar, 2023 to present

Iris Energy
S&P 500
US Dollar

Year-by-Year Returns

$1,000 invested in Iris Energy starting January 2023

YearPriceValueAnnual
2023$2.14$1,000-
2024$3.92$1,832+83.2%
2025$10.22$4,776+160.7%
2026$53.74$25,112+425.8%

What this return means

A $1,000 position in Iris Energy (IREN) opened in 2023 is worth $21,369 today. That works out to +2036.9%, about 21x the original stake, as of 2026-06-01.

That is a compound rate of about 135% a year, an extreme pace that few holdings sustain for 3.6 years. By comparison the S&P 500 returned about $1,916 on the same stake, putting Iris Energy ahead by close to $19,453. The index compounded at about 19.9% a year over that period.

The year-by-year record shows how bumpy the ride was. The best single year was 2025 at +160.7%, and the worst was 2024 at +83.2%. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.

This is historical math, not financial advice. Past performance does not guarantee future results.

What if you invested $100 a month instead?

Most people do not drop a lump sum in on day one. They add a fixed amount every month. Putting $100 into Iris Energy at the close of every month from January 2023 through June 2026 means 42 buys and $4,200 contributed over about 3.5 years.

$100/month, dollar-cost averaged

$27,123

+545.8% on $4,200 in

Same $4,200, all in at the start

$89,750

+2,036.9% on $4,200 in

Going all in at the start beat spreading the buys out by $62,627. That is the usual result when a stock trends up: each monthly buy pays a higher price than the last, so the average cost climbs. Averaging in also meant an average buy price of $7.08 per share across the whole stretch, so the monthly buyer never had to time a single low. Neither number counts dividends, taxes, or trading costs.

Illustrative fixed $100/month example, not a recommendation. Figures are computed from IREN split-adjusted monthly closes through June 2026. Past performance does not guarantee future results.

Numbers worth sharing

Occasional data drops when something interesting surfaces. No schedule, just signal.

For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.