Iren (IREN) EBITDA Margin (2021 - 2026)

Iren (IREN) reported EBITDA Margin of 176.07% for Q1 2026, down 16494.0% year-over-year from N/an in Q1 2025, and down 113.7% quarter-over-quarter from 82.39% in Q4 2025.

Iren (IREN) EBITDA Margin (2021 - 2026) Analysis & Trends

Iren (IREN) has 6 years of EBITDA Margin data on file, last reported at 176.07% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 176.07%, down 16494.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.63% (up 5446.0% YoY), and the FY2025 annual result was 18.33%, up 3397.0% from the prior year.
  • EBITDA Margin eased to 176.07% in Q1 2026 per IREN's latest filing, from 82.39% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 943.96% in Q4 2022 and troughed at 3493.0% in Q2 2022.
  • A 5-year average of 247.8% and a median of 25.85% in 2023 frame the typical range for EBITDA Margin.
  • On a YoY basis, EBITDA Margin climbed as much as 240676 bps in 2023 and fell as far as 93836 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 943.96% in 2022, then plunged by 99 bps to 5.6% in 2023, then plunged by 620 bps to 29.14% in 2024, then plunged by 183 bps to 82.39% in 2025, then tumbled by 114 bps to 176.07% in 2026.
  • Business Quant data shows IREN's EBITDA Margin at 176.07% in Q1 2026, 82.39% in Q4 2025, and 157.79% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 95.15%
3 Goldman Sachs 333.85 Bn -603.70 Bn - 136.81%
4 Schwab Charles 160.31 Bn 115.33 Bn - 61.80%
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 28.49%
6 Interactive Brokers 42.79 Bn 53.38 Bn - 14.74%
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 11.84%
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 47.66%
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -176.07%
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 110.52%

Historic Data

Download Data
DateValue
Mar 31, 2026 -176.07%
Dec 31, 2025 -82.39%
Sep 30, 2025 157.79%
Jun 30, 2025 102.34%
Mar 31, 2025 -11.13%
Dec 31, 2024 -29.14%
Sep 30, 2024 -94.48%
Jun 30, 2024 -38.42%
Mar 31, 2024 2.44%
Dec 31, 2023 5.60%
Sep 30, 2023 -25.85%
Jun 30, 2023 -1,086.24%
Mar 31, 2023 107.52%
Dec 31, 2022 943.96%
Jun 30, 2022 -3,493.00%
Dec 31, 2021 299.78%