Iren (IREN) Convertible Debt (2024 - 2026)
Iren (IREN) posted quarterly Convertible Debt of $3.7 billion for Q1 2026, up 1043.58% YoY from $322.5 million in Q1 2025, and little changed sequentially from $3.7 billion in Q4 2025.
Iren (IREN) Convertible Debt (2024 - 2026) Analysis & Trends
Iren has disclosed Convertible Debt across 3 years of filings, most recently posting $3.7 billion for 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 steadied at $3.7 billion in Q1 2026, from $3.7 billion in the prior quarter.
- Over the last five years, Convertible Debt for IREN reached as high as $3.7 billion in Q1 2026 and fell as low as $318.2 million in Q4 2024.
- The 3-year median for Convertible Debt is $963.5 million (2025), against an average of $1.7 billion.
- Annual changes were most pronounced in 2025 — Convertible Debt surged 1058.12% — and 2026, when it jumped 1043.58%.
- A 3-year view of Convertible Debt shows it stood at $318.2 million in 2024, then surged by 1058.12% to $3.7 billion in 2025, then rose by 0.07% to $3.7 billion in 2026.
- According to Business Quant data, Convertible Debt over the past three periods registered $3.7 billion, $3.7 billion, and $964.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn |
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 |