Iren IREN
NASDAQ IREN
$43.83 +0.19 (+0.44%)
At close: Sep 11, 2026 · 4:00 PM EDT

Iren (IREN) Convertible Debt (2021 - 2026)

Iren's (IREN) quarterly Convertible Debt came in at $3.7 billion in 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.

Analysis

Iren (IREN) Convertible Debt (2021 - 2026) Analysis & Trends

Iren (IREN) has reported Convertible Debt for 4 consecutive years, with $3.7 billion the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Convertible Debt rose 1043.58% year-over-year to $3.7 billion in Q1 2026; TTM through Mar 2026 was $3.7 billion, a 1043.58% increase from a year earlier, with the FY2025 full-year figure at $962.8 million, changed N/A from the prior year.
  • Convertible Debt was $3.7 billion for Q1 2026 at Iren, roughly flat from $3.7 billion in the prior quarter.
  • Over five years, Convertible Debt peaked at $3.7 billion in Q1 2026 and troughed at $318.2 million in Q4 2024.
  • A 3-year average of $1.7 billion and a median of $963.5 million in 2025 frame the typical range for Convertible Debt.
  • Across the five-year window, Convertible Debt jumped 1058.12% in 2025 and soared 1043.58% in 2026, its largest moves.
  • Over 3 years, Convertible Debt stood at $318.2 million in 2024, then jumped by 1058.12% to $3.7 billion in 2025, then increased by 0.07% to $3.7 billion in 2026.
  • The last three Convertible Debt figures came in at $3.7 billion (Q1 2026), $3.7 billion (Q4 2025), and $964.2 million (Q3 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

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
Jun 30, 2021 63.72 Mn