Iren (IREN) Enterprise Value (2021 - 2026)
Iren (IREN) reported Enterprise Value of $28.9 billion for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 315.4% from $6.96 billion a year earlier and up 36.4% from the prior quarter.
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Analysis
Iren (IREN) Enterprise Value (2021 - 2026) Analysis & Trends
Dating back to fiscal Q2 2022, Iren's Enterprise Value record includes 18 quarters.
- Enterprise Value has a four-year compound annual growth rate of 344.2% (FY2022 to FY2026).
- By fiscal year, Enterprise Value came in at $6.96 billion in FY2025 (+16.9%), $5.95 billion in FY2024, $232.83 million in FY2023 (+213.7%) and $74.22 million in FY2022.
- The fiscal Q4 2026 figure ranks as the highest quarterly Enterprise Value in data going back to fiscal Q2 2022.
- Year over year, Enterprise Value has now increased in each of the last five quarters, with growth averaging 354.2% over the last five quarters.
- The high point for year-over-year Enterprise Value in five years was fiscal Q3 2026 (growth of 615.8%); the low point was fiscal Q2 2023 (a decline of 95.6%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $21.18 billion (Q3 2026), $21.82 billion (Q2 2026) and $25.55 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.90 Bn |
| Mar 31, 2026 | 21.18 Bn |
| Dec 31, 2025 | 21.82 Bn |
| Sep 30, 2025 | 25.55 Bn |
| Jun 30, 2025 | 6.96 Bn |
| Mar 31, 2025 | 2.96 Bn |
| Dec 31, 2024 | 4.60 Bn |
| Sep 30, 2024 | 4.66 Bn |
| Jun 30, 2024 | 5.95 Bn |
| Mar 31, 2024 | 89.94 Mn |
| Dec 31, 2023 | 372.64 Mn |
| Sep 30, 2023 | 176.04 Mn |
| Jun 30, 2023 | 232.83 Mn |
| Mar 31, 2023 | 135.10 Mn |
| Dec 31, 2022 | 28.07 Mn |
| Jun 30, 2022 | 74.22 Mn |
| Mar 31, 2022 | 861.58 Mn |
| Dec 31, 2021 | 634.09 Mn |
API Access
Iren Enterprise Value 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=enterprise-value&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();