Iren (IREN) Convertible Debt (2024 - 2026)
Iren (IREN) posted quarterly Convertible Debt of $3.7 billion for Q1 2026, up 1043.58% year-over-year from $322.5 million in Q1 2025, and little changed quarter-over-quarter from $3.7 billion in Q4 2025.
Iren (IREN) Convertible Debt (2024 - 2026) Analysis & Trends
Iren (IREN) has reported Convertible Debt for 3 consecutive years, with $3.7 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Convertible Debt rose 1043.58% year-over-year to $3.7 billion; the TTM figure through Mar 2026 stood at $3.7 billion (up 1043.58% YoY), while the FY2025 annual figure was $962.8 million, changed N/A from the prior year.
- Convertible Debt was little changed at $3.7 billion in Q1 2026 per IREN's latest filing, from $3.7 billion in the prior quarter.
- Across five years, Convertible Debt topped out at $3.7 billion in Q1 2026 and bottomed at $318.2 million in Q4 2024.
- Historically, Convertible Debt has averaged $1.7 billion across 3 years, with a median of $963.5 million in 2025.
- Annual changes were most pronounced in 2025 — Convertible Debt surged 1058.12% — and 2026, when it jumped 1043.58%.
- Iren's Convertible Debt stood at $318.2 million in 2024, then soared by 1058.12% to $3.7 billion in 2025, then gained by 0.07% to $3.7 billion in 2026.
- Business Quant data shows IREN's Convertible Debt at $3.7 billion in Q1 2026, $3.7 billion in Q4 2025, and $964.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn |
| 10 | Iren | 13.30 Bn | 11.09 Bn | 104.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.69 Bn |
| Dec 31, 2025 | 3.69 Bn |
| Sep 30, 2025 | 964.21 Mn |
| Jun 30, 2025 | 962.77 Mn |
| Mar 31, 2025 | 322.48 Mn |
| Dec 31, 2024 | 318.21 Mn |