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% on a QoQ basis from 82.39% in Q4 2025.
Iren (IREN) has 6 years of EBITDA Margin data on file, last reported at 176.07% in Q1 2026.
- Quarterly EBITDA Margin fell 16494.0% year-over-year to 176.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.63% (up 5446.0% YoY) and the FY2025 annual result came in at 18.33%, up 3397.0% from the prior year.
- EBITDA Margin declined to 176.07% in Q1 2026 per IREN's latest filing, from 82.39% in the prior quarter.
- Across five years, EBITDA Margin topped out at 943.96% in Q4 2022 and bottomed at 1086.24% in Q2 2023.
- The 5-year median for EBITDA Margin is 11.13% (2025), against an average of 15.17%.
- The widest annual swing landed in 2023, when EBITDA Margin sank 107841 bps; it then soared 104782 bps in 2024.
- Tracing IREN's EBITDA Margin over 5 years: stood at 943.96% in 2022, then slumped by 99 bps to 5.6% in 2023, then slumped by 620 bps to 29.14% in 2024, then slumped by 183 bps to 82.39% in 2025, then sank by 114 bps to 176.07% in 2026.
- Per Business Quant, the three latest IREN EBITDA Margin figures stand at 176.07% (Q1 2026), 82.39% (Q4 2025), and 157.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 95.15% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 136.81% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 61.80% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 28.49% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 14.74% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 110.52% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 11.84% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -176.07% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 47.66% |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -369.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -21.57% |
| Jun 30, 2023 | -1,086.24% |
| Mar 31, 2023 | 107.52% |
| Dec 31, 2022 | 943.96% |
| Jun 30, 2022 | -7.82% |
| Dec 31, 2021 | 299.78% |