Iren (IREN) EBIT (2021 - 2026)
Iren (IREN) posted quarterly EBIT of -$233.5 million for Q1 2026, down 899.33% year-over-year from $29.2 million in Q1 2025, and down 100.62% quarter-over-quarter from -$116.4 million in Q4 2025.
Iren (IREN) EBIT (2021 - 2026) Analysis & Trends
Iren (IREN) has reported EBIT for 6 consecutive years, with -$233.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT fell 899.33% year-over-year to -$233.5 million; the TTM figure through Mar 2026 stood at -$408.4 million (down 1589.11% YoY), while the FY2025 annual figure was $17.3 million, up 163.62% from the prior year.
- EBIT eased to -$233.5 million in Q1 2026 per IREN's latest filing, from -$116.4 million in the prior quarter.
- Across five years, EBIT topped out at $29.2 million in Q1 2025 and bottomed at -$233.5 million in Q1 2026.
- Historically, EBIT has averaged -$38.2 million across 5 years, with a median of -$10.2 million in 2023.
- Annual changes were most pronounced in 2022 — EBIT tumbled 2403.0% — and 2024, when it surged 879.38%.
- Iren's EBIT stood at -$128.0 million in 2022, then surged by 98.27% to -$2.2 million in 2023, then soared by 879.38% to $17.3 million in 2024, then sank by 772.46% to -$116.4 million in 2025, then plunged by 100.62% to -$233.5 million in 2026.
- Business Quant data shows IREN's EBIT at -$233.5 million in Q1 2026, -$116.4 million in Q4 2025, and -$76.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 20.47 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 26.66 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 4.46 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 470.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 2.64 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 617.01 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 245.26 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 34.36 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 532.81 Mn |
| 10 | Iren | 13.30 Bn | 11.09 Bn | 104.86 Mn | -233.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -233.52 Mn |
| Dec 31, 2025 | -116.40 Mn |
| Sep 30, 2025 | -76.41 Mn |
| Jun 30, 2025 | 17.89 Mn |
| Mar 31, 2025 | 29.22 Mn |
| Dec 31, 2024 | 17.31 Mn |
| Sep 30, 2024 | -47.09 Mn |
| Jun 30, 2024 | -23.62 Mn |
| Mar 31, 2024 | 6.02 Mn |
| Dec 31, 2023 | -2.22 Mn |
| Sep 30, 2023 | -7.42 Mn |
| Jun 30, 2023 | -13.03 Mn |
| Mar 31, 2023 | -5.22 Mn |
| Dec 31, 2022 | -128.05 Mn |
| Jun 30, 2022 | -21.13 Mn |
| Mar 31, 2022 | -7.30 Mn |
| Dec 31, 2021 | 5.56 Mn |