Iren (IREN) EBT Margin (2021 - 2026)
Iren's EBT Margin came in at -504.27% for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 597.13 percentage points from 92.86% a year earlier and down 328.79 percentage points from the prior quarter.
Iren (IREN) EBT Margin (2021 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren's EBT Margin was -100.24%, down 118.90 percentage points from FY2025.
- EBT Margin carries a five-year change of +648.70 percentage points (FY2021 to FY2026).
- Going back by fiscal year, EBT Margin was 18.66% in FY2025 (+32.27 pp), -13.60% in FY2024 (+210.79 pp), -224.39% in FY2023 (+482.02 pp) and -706.41% in FY2022 (+42.52 pp).
- The fiscal Q4 2026 figure represents the lowest quarterly EBT Margin since fiscal Q2 2023.
- Year-over-year, EBT Margin has declined for three consecutive quarters, with an average year-over-year change of -71.41 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in fiscal Q2 2024 (a gain of 1034.58 percentage points), and the weakest in fiscal Q2 2023 (a drop of 1414.24 percentage points).
- Business Quant data shows IREN's EBT Margin at -175.48% (Q3 2026), -182.97% (Q2 2026) and 239.41% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | -32.41% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 15.09% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 4.56% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | -504.27% |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 25.75% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 14.64% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 3.14% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | -179.64% |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 11.02% |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | -278.39% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -504.27% |
| Mar 31, 2026 | -175.48% |
| Dec 31, 2025 | -182.97% |
| Sep 30, 2025 | 239.41% |
| Jun 30, 2025 | 92.86% |
| Mar 31, 2025 | -7.67% |
| Dec 31, 2024 | -16.26% |
| Sep 30, 2024 | -95.56% |
| Jun 30, 2024 | -46.73% |
| Mar 31, 2024 | 22.69% |
| Dec 31, 2023 | -14.97% |
| Sep 30, 2023 | -13.02% |
| Jun 30, 2023 | -24.56% |
| Mar 31, 2023 | -16.68% |
| Dec 31, 2022 | -1,049.55% |
| Jun 30, 2022 | 10.94% |
| Mar 31, 2022 | -38.65% |
| Dec 31, 2021 | 364.69% |
Iren EBT 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=ebt-margin&ticker=IREN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();