Iren (IREN) Convertible Debt (2024 - 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 on a QoQ basis from $3.7 billion in Q4 2025.
Iren (IREN) has 3 years of Convertible Debt data on file, last reported at $3.7 billion in Q1 2026.
- Quarterly Convertible Debt rose 1043.58% year-over-year to $3.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 1043.58% YoY) and the FY2025 annual result came in at $962.8 million, changed N/A from the prior year.
- Convertible Debt steadied 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.
- The 3-year median for Convertible Debt is $963.5 million (2025), against an average of $1.7 billion.
- The widest annual swing landed in 2025, when Convertible Debt soared 1058.12%; it then surged 1043.58% in 2026.
- Tracing IREN's Convertible Debt over 3 years: stood at $318.2 million in 2024, then soared by 1058.12% to $3.7 billion in 2025, then grew by 0.07% to $3.7 billion in 2026.
- Per Business Quant, the three latest IREN Convertible Debt figures stand at $3.7 billion (Q1 2026), $3.7 billion (Q4 2025), and $964.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 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 |