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% quarter-over-quarter from 0.13 in Q4 2025.
Iren (IREN) Asset Utilization Ratio (2024 - 2026) Analysis & Trends
Iren (IREN) has 3 years of Asset Utilization Ratio data on file, last reported at 0.11 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.11, down 45.16% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.11 (down 45.16% YoY), and the FY2025 annual result was 0.24, down 2.9% from the prior year.
- Asset Utilization Ratio eased to 0.11 in Q1 2026 per IREN's latest filing, from 0.13 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.29 in Q1 2024 and troughed at 0.11 in Q1 2026.
- A 3-year average of 0.18 and a median of 0.19 in 2025 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2025 and 2026: Asset Utilization Ratio increased 13.12% in 2025, then plunged 45.16% in 2026.
- A 3-year view of Asset Utilization Ratio shows it stood at 0.18 in 2024, then slipped by 24.9% to 0.13 in 2025, then declined by 20.98% to 0.11 in 2026.
- Business Quant data shows IREN's Asset Utilization Ratio at 0.11 in Q1 2026, 0.13 in Q4 2025, and 0.19 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 0.05 |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 0.03 |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 0.05 |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 0.11 |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 0.03 |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 0.98 |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 0.26 |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 0.11 |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 0.03 |
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 |