IREN vs Meta Platforms
Meta Platforms is larger by market cap ($1.57T vs $17.6B). Meta Platforms reports higher tracked revenue ($201.0B vs $707M). IREN's primary segment is Data Center Operators (Colo); Meta Platforms's is Custom Silicon Designers.
Shared segment: AI & Data Center.
Side-by-side
| IREN | Meta Platforms | |
|---|---|---|
| Market cap | $17.6B | $1.57T |
| Revenue | $707M (FY2026) | $201.0B (FY2025) |
| Primary segment | Data Center Operators (Colo) | Custom Silicon Designers |
| Market position | challenger | niche |
| Country | Australia | United States |
| Tracked suppliers | 7 | 77 |
| Tracked customers | 5 | 0 |
| Chokepoint / criticality | 7/100 | 0/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-09-05. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How IREN and Meta Platforms compare
- Size: Meta Platforms is the larger company by market cap.
- Revenue: Meta Platforms reports higher tracked revenue.
- Supply-chain criticality: IREN has the higher chokepoint score (7/100 vs 0/100).
- Footprint: IREN (Australia) vs Meta Platforms (United States).
Company hubs
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Cite as: wafergraph, “IREN vs Meta Platforms”, https://wafergraph.com/compare/iren-vs-meta (data as of 2026-09-05).