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 338.83 Bn 205.30 Bn - 20.47 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 26.66 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 7.05 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 470.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -233.52 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 2.33 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 778.05 Mn
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 245.26 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 -21.13 Mn
Mar 31, 2022 -7.30 Mn
Dec 31, 2021 5.56 Mn