Iren (IREN) Asset Utilization Ratio (2022 - 2026)
Iren's Asset Utilization Ratio came in at 0.04 for fiscal Q1 2027 (quarter ended Sep 30, 2026), down 80.0% from 0.19 a year earlier and down 37.7% 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 Q1 2027 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 four consecutive quarters, with an average decline of 33.7% over the last seven quarters.
- Business Quant data shows IREN's Asset Utilization Ratio at 0.06 (Q4 2026), 0.11 (Q3 2026) and 0.13 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.14 Bn | 22.87 Bn | 3.24 Bn | 0.64 |
| 2 | PayPal Holdings | 49.62 Bn | 8.32 Bn | - | 0.42 |
| 3 | Fiserv | 33.93 Bn | 31.16 Bn | 2.76 Bn | 0.27 |
| 4 | Coinbase Global | 33.79 Bn | -5.85 Bn | - | 0.21 |
| 5 | Corpay | 29.77 Bn | 18.90 Bn | - | 0.19 |
| 6 | Global Payments | 24.30 Bn | -237.28 Mn | 2.01 Bn | 0.18 |
| 7 | Iren | 14.79 Bn | -105.20 Mn | 182.00 Mn | 0.04 |
| 8 | Guidewire Software | 12.98 Bn | 9.54 Bn | 269.68 Mn | 0.58 |
| 9 | Chime Financial | 12.86 Bn | 8.55 Bn | 646.07 Mn | 1.25 |
| 10 | Jack Henry & Associates | 12.37 Bn | 12.28 Bn | 325.50 Mn | 0.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.04 |
| 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();