Iren IREN
NASDAQ IREN
$43.83 +0.19 (+0.44%)
At close: Sep 11, 2026 · 4:00 PM EDT

Iren (IREN) EBT (2021 - 2026)

Iren's (IREN) quarterly EBT came in at -$692.0 million in Q2 2026, down 497.9% year-over-year from $173.9 million in Q2 2025, and down 172.34% quarter-over-quarter from -$254.1 million in Q1 2026.

Analysis

Iren (IREN) EBT (2021 - 2026) Analysis & Trends

Iren (IREN) has reported EBT for 6 consecutive years, with -$692.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBT fell 497.9% year-over-year to -$692.0 million in Q2 2026; TTM through Jun 2026 was -$708.7 million, a 857.96% decrease from a year earlier, with the FY2026 full-year figure at -$708.7 million, down 857.96% from the prior year.
  • EBT was -$692.0 million for Q2 2026 at Iren, down from -$254.1 million in the prior quarter.
  • Over five years, EBT peaked at $575.3 million in Q3 2025 and troughed at -$692.0 million in Q2 2026.
  • A 5-year average of -$47.0 million and a median of -$6.8 million in 2023 frame the typical range for EBT.
  • Across the five-year window, EBT surged 1240.99% in 2025 and plunged 2187.83% in 2026, its largest moves.
  • Over 5 years, EBT stood at -$144.4 million in 2022, then soared by 95.64% to -$6.3 million in 2023, then slumped by 200.06% to -$18.9 million in 2024, then plunged by 1689.58% to -$337.9 million in 2025, then slumped by 104.77% to -$692.0 million in 2026.
  • The last three EBT figures came in at -$692.0 million (Q2 2026), -$254.1 million (Q1 2026), and -$337.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn -83.60 Mn
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn -691.99 Mn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn -208.60 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn -237.28 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - -610.74 Mn
7 Cleanspark 3.51 Bn 3.30 Bn - -242.81 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn -102.36 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn -63.93 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn -141.33 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -691.99 Mn
Mar 31, 2026 -254.09 Mn
Dec 31, 2025 -337.93 Mn
Sep 30, 2025 575.30 Mn
Jun 30, 2025 173.91 Mn
Mar 31, 2025 -11.11 Mn
Dec 31, 2024 -18.88 Mn
Sep 30, 2024 -50.42 Mn
Jun 30, 2024 -26.81 Mn
Mar 31, 2024 12.11 Mn
Dec 31, 2023 -6.29 Mn
Sep 30, 2023 -4.48 Mn
Jun 30, 2023 -6.84 Mn
Mar 31, 2023 -2.73 Mn
Dec 31, 2022 -144.37 Mn
Jun 30, 2022 1.47 Mn
Mar 31, 2022 -5.87 Mn
Dec 31, 2021 73.47 Mn