Iren (IREN) EBITDA Margin (2024 - 2026)
Iren (IREN) reported EBITDA Margin of -370.41% for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 414.04 percentage points from 43.62% a year earlier and down 292.87 percentage points from the prior quarter.
Powered by 
Analysis
Iren (IREN) EBITDA Margin (2024 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren posted EBITDA Margin of -88.96%, down 128.58 percentage points from FY2025.
- EBITDA Margin has a five-year change of -123.10 percentage points (FY2021 to FY2026).
- By fiscal year, EBITDA Margin came in at 39.61% in FY2025 (+27.20 pp), 12.41% in FY2024 (+178.66 pp), -166.25% in FY2023 (-184.13 pp) and 17.88% in FY2022 (-16.25 pp).
- The fiscal Q4 2026 figure ranks as the lowest quarterly EBITDA Margin in data going back to fiscal Q1 2025.
- Year over year, EBITDA Margin has now declined in each of the last three quarters, with an average year-over-year change of -142.78 percentage points over the last four quarters.
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at -77.54% (Q3 2026), -9.33% (Q2 2026) and 3.67% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | -5.44% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 19.27% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 8.19% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | -370.41% |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 44.11% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 35.37% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 37.59% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | -24.67% |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 19.18% |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | -222.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -370.41% |
| Mar 31, 2026 | -77.54% |
| Dec 31, 2025 | -9.33% |
| Sep 30, 2025 | 3.67% |
| Jun 30, 2025 | 43.62% |
| Mar 31, 2025 | 52.84% |
| Dec 31, 2024 | 45.97% |
| Sep 30, 2024 | -24.93% |
API Access
Iren EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();