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 338.83 Bn 205.30 Bn -
2 Goldman Sachs 316.34 Bn -660.01 Bn -
3 Schwab Charles 220.55 Bn 135.80 Bn -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn -
8 Interactive Brokers 39.54 Bn -3.28 Bn -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn -
10 Tradeweb Markets 23.53 Bn 22.17 Bn -

Historic Data

Download Data
DateValue
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