IREN vs Oracle
Oracle is larger by market cap ($419.1B vs $14.2B). Oracle reports higher tracked revenue ($67.4B vs $501M). IREN's primary segment is Data Center Operators (Colo); Oracle's is Hyperscalers.
Shared segment: AI & Data Center.
Side-by-side
| IREN | Oracle | |
|---|---|---|
| Market cap | $14.2B | $419.1B |
| Revenue | $501M (FY2025) | $67.4B (FY2026) |
| Primary segment | Data Center Operators (Colo) | Hyperscalers |
| Market position | challenger | major |
| Country | Australia | United States |
| Tracked suppliers | 7 | 70 |
| Tracked customers | 5 | 3 |
| Chokepoint / criticality | 7/100 | 3/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-08-12. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How IREN and Oracle compare
- Size: Oracle is the larger company by market cap.
- Revenue: Oracle reports higher tracked revenue.
- Supply-chain criticality: IREN has the higher chokepoint score (7/100 vs 3/100).
- Footprint: IREN (Australia) vs Oracle (United States).