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.
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 | 56.87 Bn | 56.53 Bn | 40.81 Mn | - |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn | 0.49 |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn | 0.77 |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn | 0.26 |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - | 0.07 |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - | 0.56 |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - | 0.67 |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn | 0.35 |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn | 0.73 |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn | 0.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.49 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.04 |
| Dec 31, 2022 | 0.27 |
| Jun 30, 2022 | 0.19 |
| Jun 30, 2021 | 0.62 |
| Jun 30, 2020 | 0.17 |