Iren (IREN) EBIT (2021 - 2026)

Iren (IREN) posted quarterly EBIT of -$233.5 million for Q1 2026, down 899.33% YoY from $29.2 million in Q1 2025, and down 100.62% sequentially from -$116.4 million in Q4 2025.

Iren (IREN) EBIT (2021 - 2026) Analysis & Trends

Iren has disclosed EBIT across 6 years of filings, most recently posting -$233.5 million for 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 slipped to -$233.5 million in Q1 2026, from -$116.4 million in the prior quarter.
  • Over the last five years, EBIT for IREN reached as high as $29.2 million in Q1 2025 and fell as low as -$233.5 million in Q1 2026.
  • The 5-year median for EBIT is -$7.4 million (2022), against an average of -$37.0 million.
  • Annual changes were most pronounced in 2022 — EBIT sank 2403.0% — and 2024, when it surged 879.38%.
  • A 5-year view of EBIT shows it stood at -$128.0 million in 2022, then jumped by 98.27% to -$2.2 million in 2023, then surged by 879.38% to $17.3 million in 2024, then slumped by 772.46% to -$116.4 million in 2025, then sank by 100.62% to -$233.5 million in 2026.
  • According to Business Quant data, EBIT over the past three periods registered -$233.5 million, -$116.4 million, and -$76.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 23.57 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.01 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 584.88 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 287.25 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 45.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -233.52 Mn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 323.97 Mn

Historic Data

Download Data
DateValue
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 -1.86 Mn
Mar 31, 2022 -7.30 Mn
Dec 31, 2021 5.56 Mn