Iren (IREN) Asset Utilization Ratio (2022 - 2026)
Iren's (IREN) quarterly Asset Utilization Ratio came in at 0.06 in Q2 2026, down 69.82% year-over-year from 0.2 in Q2 2025, and down 42.11% quarter-over-quarter from 0.11 in Q1 2026.
Analysis
Iren (IREN) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Iren (IREN) has reported Asset Utilization Ratio for 4 consecutive years, with 0.06 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 69.82% year-over-year to 0.06 in Q2 2026; TTM through Jun 2026 was 0.06, a 69.82% decrease from a year earlier, with the FY2026 full-year figure at 0.08, down 69.16% from the prior year.
- Asset Utilization Ratio was 0.06 for Q2 2026 at Iren, down from 0.11 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.28 in Q1 2024 and troughed at 0.06 in Q2 2026.
- A 4-year average of 0.17 and a median of 0.18 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio grew 13.12% in 2025 and plunged 69.82% in 2026, its largest moves.
- Over 4 years, Asset Utilization Ratio stood at 0.13 in 2022, then jumped by 40.18% to 0.18 in 2024, then decreased by 24.9% to 0.13 in 2025, then tumbled by 54.25% to 0.06 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.06 (Q2 2026), 0.11 (Q1 2026), and 0.13 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 0.01 |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 0.06 |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 0.05 |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 0.20 |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 0.17 |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 0.25 |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 0.17 |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 0.42 |
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 |