Iren (IREN) Asset Writedowns and Impairment (2024 - 2026)
Iren's (IREN) quarterly Asset Writedowns and Impairment came in at $450.4 million in Q2 2026, up 160178.29% year-over-year from N/an in Q2 2025, and up 220.76% quarter-over-quarter from $140.4 million in Q1 2026.
Analysis
Iren (IREN) Asset Writedowns and Impairment (2024 - 2026) Analysis & Trends
Iren (IREN) has reported Asset Writedowns and Impairment for 3 consecutive years, with $450.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Writedowns and Impairment rose 160178.29% year-over-year to $450.4 million in Q2 2026; TTM through Jun 2026 was $638.8 million, a 8744.04% increase from a year earlier, with the FY2026 full-year figure at $638.8 million, up 8744.04% from the prior year.
- Asset Writedowns and Impairment was $450.4 million for Q2 2026 at Iren, up from $140.4 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $450.4 million in Q2 2026 and troughed at $281000.0 in Q2 2025.
- A 3-year average of $107.7 million and a median of $24.0 million in 2025 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment soared 134.18% in 2025 and jumped 160178.29% in 2026, its largest moves.
- Over 3 years, Asset Writedowns and Impairment stood at $6.9 million in 2024, then surged by 357.43% to $31.8 million in 2025, then soared by 1318.3% to $450.4 million in 2026.
- The last three Asset Writedowns and Impairment figures came in at $450.4 million (Q2 2026), $140.4 million (Q1 2026), and $31.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 450.38 Mn |
| Mar 31, 2026 | 140.41 Mn |
| Dec 31, 2025 | 31.76 Mn |
| Sep 30, 2025 | 16.26 Mn |
| Jun 30, 2025 | 281,000.00 |
| Sep 30, 2024 | 6.94 Mn |