Iren (IREN) EBITDA Margin (2021 - 2026)
Iren (IREN) posted quarterly EBITDA Margin of 161.28% for Q1 2026, down 14869.0% year-over-year from N/an in Q1 2025, and down 155.89% quarter-over-quarter from 63.03% in Q4 2025.
Iren (IREN) EBITDA Margin (2021 - 2026) Analysis & Trends
Iren (IREN) has reported EBITDA Margin for 6 consecutive years, with 161.28% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 14869.0% year-over-year to 161.28%; the TTM figure through Mar 2026 stood at 53.95% (down 1573.0% YoY), while the FY2025 annual figure was 3.46%, up 1801.0% from the prior year.
- EBITDA Margin eased to 161.28% in Q1 2026 per IREN's latest filing, from 63.03% in the prior quarter.
- Across five years, EBITDA Margin topped out at 124.3% in Q2 2022 and bottomed at 1014.84% in Q4 2022.
- Historically, EBITDA Margin has averaged 95.85% across 5 years, with a median of 36.49% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin slumped 108598 bps — and 2023, when it jumped 99158 bps.
- Iren's EBITDA Margin stood at 1014.84% in 2022, then surged by 98 bps to 23.26% in 2023, then jumped by 30 bps to 16.26% in 2024, then sank by 288 bps to 63.03% in 2025, then slumped by 156 bps to 161.28% in 2026.
- Business Quant data shows IREN's EBITDA Margin at 161.28% in Q1 2026, 63.03% in Q4 2025, and 31.8% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 95.89% |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 131.07% |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 108.73% |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 149.71% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 35.93% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -161.28% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 139.66% |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 15.00% |
| 10 | Tradeweb Markets | 23.53 Bn | 22.17 Bn | - | 43.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -161.28% |
| Dec 31, 2025 | -63.03% |
| Sep 30, 2025 | -31.80% |
| Jun 30, 2025 | 9.55% |
| Mar 31, 2025 | -12.59% |
| Dec 31, 2024 | -16.26% |
| Sep 30, 2024 | -153.69% |
| Jun 30, 2024 | -41.17% |
| Mar 31, 2024 | -5.00% |
| Dec 31, 2023 | -23.26% |
| Sep 30, 2023 | -43.72% |
| Jun 30, 2023 | -57.77% |
| Mar 31, 2023 | -91.35% |
| Dec 31, 2022 | -1,014.84% |
| Jun 30, 2022 | 124.30% |
| Mar 31, 2022 | 48.31% |
| Dec 31, 2021 | 71.14% |