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| 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 | -1.86 Mn |
| Mar 31, 2022 | -7.30 Mn |
| Dec 31, 2021 | 5.56 Mn |