Iren (IREN) Asset Utilization Ratio (2024 - 2026)
Iren (IREN) reported Asset Utilization Ratio of 0.11 for Q1 2026, down 45.16% year-over-year from 0.19 in Q1 2025, and down 20.98% on a QoQ basis from 0.13 in Q4 2025.
Iren (IREN) has 3 years of Asset Utilization Ratio data on file, last reported at 0.11 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 45.16% year-over-year to 0.11 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.11 (down 45.16% YoY) and the FY2025 annual result came in at 0.24, down 2.9% from the prior year.
- Asset Utilization Ratio declined to 0.11 in Q1 2026 per IREN's latest filing, from 0.13 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.29 in Q1 2024 and bottomed at 0.11 in Q1 2026.
- The 3-year median for Asset Utilization Ratio is 0.19 (2025), against an average of 0.18.
- The widest annual swing landed in 2025, when Asset Utilization Ratio climbed 13.12%; it then slumped 45.16% in 2026.
- Tracing IREN's Asset Utilization Ratio over 3 years: stood at 0.18 in 2024, then retreated by 24.9% to 0.13 in 2025, then slipped by 20.98% to 0.11 in 2026.
- Per Business Quant, the three latest IREN Asset Utilization Ratio figures stand at 0.11 (Q1 2026), 0.13 (Q4 2025), and 0.19 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 0.05 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 0.03 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 0.05 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 0.11 |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 0.03 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 0.03 |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 0.98 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 0.11 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 0.26 |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.29 |