Iren (IREN) EBITDA (2021 - 2026)
Iren (IREN) reported EBITDA of -$254.9 million for Q1 2026, down 1481.48% year-over-year from $18.5 million in Q1 2025, and down 67.54% on a QoQ basis from -$152.2 million in Q4 2025.
Iren (IREN) has 6 years of EBITDA data on file, last reported at -$254.9 million in Q1 2026.
- Quarterly EBITDA fell 1481.48% year-over-year to -$254.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $163.7 million (up 234.36% YoY) and the FY2025 annual result came in at $91.9 million, up 413.96% from the prior year.
- EBITDA fell to -$254.9 million in Q1 2026 per IREN's latest filing, from -$152.2 million in the prior quarter.
- Across five years, EBITDA topped out at $379.2 million in Q3 2025 and bottomed at -$371.7 million in Q2 2023.
- The 5-year median for EBITDA is -$7.4 million (2023), against an average of -$12.8 million.
- The widest annual swing landed in 2023, when EBITDA tumbled 35161.48%; it then surged 969.72% in 2025.
- Tracing IREN's EBITDA over 5 years: stood at $129.8 million in 2022, then slumped by 98.19% to $2.4 million in 2023, then plunged by 1536.63% to -$33.8 million in 2024, then slumped by 349.57% to -$152.2 million in 2025, then plunged by 67.54% to -$254.9 million in 2026.
- Per Business Quant, the three latest IREN EBITDA figures stand at -$254.9 million (Q1 2026), -$152.2 million (Q4 2025), and $379.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 23.57 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 4.01 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 304.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 246.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 46.00 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 584.88 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -254.94 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 294.45 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -262.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -254.94 Mn |
| Dec 31, 2025 | -152.17 Mn |
| Sep 30, 2025 | 379.15 Mn |
| Jun 30, 2025 | 191.68 Mn |
| Mar 31, 2025 | -16.12 Mn |
| Dec 31, 2024 | -33.85 Mn |
| Sep 30, 2024 | -49.85 Mn |
| Jun 30, 2024 | -22.04 Mn |
| Mar 31, 2024 | 1.30 Mn |
| Dec 31, 2023 | 2.36 Mn |
| Sep 30, 2023 | -7.42 Mn |
| Jun 30, 2023 | -371.66 Mn |
| Mar 31, 2023 | 12.18 Mn |
| Dec 31, 2022 | 129.84 Mn |
| Jun 30, 2022 | -1.05 Mn |
| Dec 31, 2021 | 60.40 Mn |