Iren (IREN) Convertible Debt (2023 - 2026)

Iren (IREN) reported 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 (2023 - 2026) Analysis & Trends

Iren (IREN) has 4 years of Convertible Debt data on file, last reported at $3.7 billion in Q1 2026.

  • Convertible Debt for Q1 2026 came in at $3.7 billion, up 1043.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 1043.58% YoY), and the FY2025 annual result 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.
  • Over five years, Convertible Debt peaked at $3.7 billion in Q1 2026 and troughed at $318.2 million in Q4 2024.
  • A 4-year average of $1.6 billion and a median of $964.2 million in 2025 frame the typical range for Convertible Debt.
  • The sharpest annual moves came in 2024 and 2025: Convertible Debt plunged 69.37% in 2024, then surged 1058.12% in 2025.
  • A 4-year view of Convertible Debt shows it stood at $1.0 billion in 2023, then tumbled by 69.37% to $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.
  • 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 SOL Strategies 94,425.84 Bn 94,425.84 Bn -
2 Morgan Stanley 349.82 Bn 216.29 Bn -
3 Goldman Sachs 333.85 Bn -603.70 Bn -
4 Schwab Charles 160.31 Bn 115.33 Bn -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn -
8 Tradeweb Markets 21.20 Bn 19.96 Bn -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn

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
Dec 31, 2023 1.04 Bn