Iren (IREN) EBITDA Margin (2024 - 2026)
Iren (IREN) reported EBITDA Margin of -13.16% for fiscal Q1 2027 (quarter ended Sep 30, 2026), down 17.32 percentage points from 4.17% a year earlier but up 354.86 percentage points from the prior quarter.
Iren (IREN) EBITDA Margin (2024 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Iren's EBITDA Margin came in at -94.92%, down 127.32 percentage points year-over-year; for FY2026 (ended Jun 30, 2026), it came in at -87.63%, down 127.52 percentage points from FY2025.
- EBITDA Margin has a five-year change of -121.77 percentage points (FY2021 to FY2026).
- By fiscal year, EBITDA Margin came in at 39.89% in FY2025 (+27.48 pp), 12.41% in FY2024 (+177.28 pp), -164.87% in FY2023 (-182.75 pp) and 17.88% in FY2022 (-16.25 pp).
- Five-year quarterly EBITDA Margin spans a low of -368.02% in fiscal Q4 2026 and a high of 53.22% in fiscal Q3 2025.
- Year over year, EBITDA Margin has now declined in each of the last four quarters, with an average year-over-year change of -116.65 percentage points over the last five quarters.
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at -368.02% (Q4 2026), -75.65% (Q3 2026) and -8.04% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.14 Bn | 22.87 Bn | 3.24 Bn | 3.39% |
| 2 | PayPal Holdings | 49.62 Bn | 8.32 Bn | - | 19.26% |
| 3 | Fiserv | 33.93 Bn | 31.16 Bn | 2.76 Bn | -89.32% |
| 4 | Coinbase Global | 33.79 Bn | -5.85 Bn | - | 8.45% |
| 5 | Corpay | 29.77 Bn | 18.90 Bn | - | 56.52% |
| 6 | Global Payments | 24.30 Bn | -237.28 Mn | 2.01 Bn | 35.07% |
| 7 | Iren | 14.79 Bn | -105.20 Mn | 182.00 Mn | -13.16% |
| 8 | Guidewire Software | 12.98 Bn | 9.54 Bn | 269.68 Mn | 19.18% |
| 9 | Chime Financial | 12.86 Bn | 8.55 Bn | 646.07 Mn | 5.81% |
| 10 | Jack Henry & Associates | 12.37 Bn | 12.28 Bn | 325.50 Mn | 37.48% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -13.16% |
| Jun 30, 2026 | -368.02% |
| Mar 31, 2026 | -75.65% |
| Dec 31, 2025 | -8.04% |
| Sep 30, 2025 | 4.17% |
| Jun 30, 2025 | 44.00% |
| Mar 31, 2025 | 53.22% |
| Dec 31, 2024 | 46.10% |
| Sep 30, 2024 | -24.93% |
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();