Core Scientific vs IREN
Both are primarily Data Center Operators (Colo) companies. IREN is larger by market cap ($14.1B vs $4.9B). IREN reports higher tracked revenue ($707M vs $319M).
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Side-by-side
| Core Scientific | IREN | |
|---|---|---|
| Market cap | $4.9B | $14.1B |
| Revenue | $319M (FY2025) | $707M (FY2026) |
| Primary segment | Data Center Operators (Colo) | Data Center Operators (Colo) |
| Market position | major | challenger |
| Country | United States | Australia |
| Tracked suppliers | 4 | 7 |
| Tracked customers | 5 | 5 |
| Chokepoint / criticality | 8/100 | 7/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How Core Scientific and IREN compare
- Size: IREN is the larger company by market cap.
- Revenue: IREN reports higher tracked revenue.
- Supply-chain criticality: Core Scientific has the higher chokepoint score (8/100 vs 7/100).
- Footprint: Core Scientific (United States) vs IREN (Australia).
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Cite as: wafergraph, “Core Scientific vs IREN”, https://wafergraph.com/compare/core_scientific-vs-iren (data as of 2026-10-09).
Frequently asked questions3
- Is Core Scientific bigger than IREN?
- IREN is larger by market cap ($14.1B vs $4.9B).
- What's the difference between Core Scientific and IREN?
- Core Scientific is a major in Data Center Operators (Colo) based in United States; IREN is a challenger in Data Center Operators (Colo) based in Australia. Both operate in the AI & Data Center segment.
- Who are Core Scientific's and IREN's suppliers?
- wafergraph tracks 4 suppliers for Core Scientific and 7 for IREN.