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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |