Iren (IREN) Debt Ratio (2020 - 2026)
Iren's (IREN) quarterly Debt Ratio came in at 0.49 in Q2 2026, up 50.14% year-over-year from 0.33 in Q2 2025, and up 50.14% quarter-over-quarter from 0.33 in Q2 2025.
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Analysis
Iren (IREN) Debt Ratio (2020 - 2026) Analysis & Trends
Iren (IREN) has reported Debt Ratio for 6 consecutive years, with 0.49 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio rose 50.14% year-over-year to 0.49 in Q2 2026; TTM through Jun 2026 was 0.49, a 50.14% increase from a year earlier, with the FY2026 full-year figure at 0.49, up 50.14% from the prior year.
- Debt Ratio was 0.49 for Q2 2026 at Iren, up from 0.33 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.49 in Q2 2026 and troughed at 0.01 in Q1 2025.
- A 4-year average of 0.22 and a median of 0.23 in 2022 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio plunged 69.55% in 2022 and jumped 50.14% in 2026, its largest moves.
- Over 4 years, Debt Ratio stood at 0.27 in 2022, then slumped by 86.33% to 0.04 in 2024, then soared by 781.46% to 0.33 in 2025, then jumped by 50.14% to 0.49 in 2026.
- The last three Debt Ratio figures came in at 0.49 (Q2 2026), 0.33 (Q2 2025), and 0.01 (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn | - |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - | 0.25 |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - | 0.16 |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn | 0.16 |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn | 0.48 |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - | 0.30 |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn | 0.34 |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn | 0.36 |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn | 0.26 |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn | 0.77 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.00 |
| Dec 31, 2022 | 0.27 |
| Jun 30, 2022 | 0.11 |
| Jun 30, 2021 | 0.56 |
| Jun 30, 2020 | 0.17 |
API Access
Iren Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();