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
DateValue
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%