Iren (IREN) EBITDA Margin (2021 - 2026)

Iren (IREN) posted quarterly EBITDA Margin of 176.07% for Q1 2026, down 16494.0% YoY from N/an in Q1 2025, and down 113.7% sequentially from 82.39% in Q4 2025.

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

Iren has disclosed EBITDA Margin across 6 years of filings, most recently posting 176.07% for Q1 2026.

  • In Q1 2026, EBITDA Margin fell 16494.0% year-over-year to 176.07%; the TTM figure through Mar 2026 stood at 21.63% (up 5475.0% YoY), while the FY2025 annual figure was 18.33%, up 3397.0% from the prior year.
  • EBITDA Margin fell to 176.07% in Q1 2026, from 82.39% in the prior quarter.
  • Over the last five years, EBITDA Margin for IREN reached as high as 943.96% in Q4 2022 and fell as low as 3493.0% in Q2 2022.
  • The 5-year median for EBITDA Margin is 18.49% (2025), against an average of 229.68%.
  • The widest YoY moves for EBITDA Margin: up 240676 bps in 2023, down 93836 bps in 2023.
  • A 5-year view of EBITDA Margin shows it 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.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 176.07%, 82.39%, and 157.79% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 95.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 136.81%
3 Schwab Charles 167.21 Bn 122.24 Bn - 61.80%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 124.07%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 11.84%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 47.66%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 110.52%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -176.07%
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 23.13%

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 -26.04%
Jun 30, 2023 -1,086.24%
Mar 31, 2023 107.52%
Dec 31, 2022 943.96%
Jun 30, 2022 -3,493.00%
Mar 31, 2022 48.31%
Dec 31, 2021 299.78%