Iren (IREN) Asset Utilization Ratio (2022 - 2026)
Iren's Asset Utilization Ratio came in at 0.06 for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 69.8% from 0.20 a year earlier and down 42.1% from the prior quarter.
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Analysis
Iren (IREN) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren's Asset Utilization Ratio was 0.08, down 69.2% from FY2025.
- Going back by fiscal year, Asset Utilization Ratio was 0.24 in FY2025 (-2.9%), 0.25 in FY2024 (+50.7%), 0.17 in FY2023 (-0.1%) and 0.17 in FY2022 (+54.9%).
- The fiscal Q4 2026 figure represents the lowest quarterly Asset Utilization Ratio in data going back to fiscal Q2 2023.
- Year-over-year, Asset Utilization Ratio has declined for three consecutive quarters, with an average decline of 25.8% over the last six quarters.
- Business Quant data shows IREN's Asset Utilization Ratio at 0.11 (Q3 2026), 0.13 (Q2 2026) and 0.19 (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 0.23 |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 0.42 |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 0.63 |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | 0.06 |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 0.18 |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 0.26 |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 0.16 |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | 0.01 |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 0.58 |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.06 |
| Mar 31, 2026 | 0.11 |
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2022 | 0.13 |
API Access
Iren Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();