Iren (IREN) Enterprise Value (2020 - 2026)

Iren (IREN) reported Enterprise Value of -$2.2 billion for Q1 2026, down 403.8% year-over-year from $728.5 million in Q1 2025, and up 32.12% quarter-over-quarter from -$3.3 billion in Q4 2025.

Iren (IREN) Enterprise Value (2020 - 2026) Analysis & Trends

Iren (IREN) has 7 years of Enterprise Value data on file, last reported at -$2.2 billion in Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$2.2 billion, down 403.8% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.2 billion (down 403.8% YoY), and the FY2025 annual result was -$570.3 million, down 40.95% from the prior year.
  • Enterprise Value climbed to -$2.2 billion in Q1 2026 per IREN's latest filing, from -$3.3 billion in the prior quarter.
  • Over five years, Enterprise Value peaked at -$68.9 million in Q2 2023 and troughed at -$3.3 billion in Q4 2025.
  • A 5-year average of -$607.6 million and a median of -$110.0 million in 2022 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2023 and 2025: Enterprise Value soared 37.35% in 2023, then slumped 949.99% in 2025.
  • A 5-year view of Enterprise Value shows it stood at -$110.0 million in 2022, then rose by 16.72% to -$91.6 million in 2023, then plunged by 402.93% to -$460.6 million in 2024, then sank by 607.87% to -$3.3 billion in 2025, then jumped by 32.12% to -$2.2 billion in 2026.
  • Business Quant data shows IREN's Enterprise Value at -$2.2 billion in Q1 2026, -$3.3 billion in Q4 2025, and -$1.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -268,003.51
2 Morgan Stanley 349.82 Bn 216.29 Bn - -133.53 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - -937.55 Bn
4 Schwab Charles 160.31 Bn 115.33 Bn - -44.98 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn -4.64 Bn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 10.59 Bn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -1.02 Bn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - -1.25 Bn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -2.21 Bn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn -1.52 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.21 Bn
Dec 31, 2025 -3.26 Bn
Sep 30, 2025 -1.04 Bn
Jun 30, 2025 -570.28 Mn
Mar 31, 2025 -439.32 Mn
Dec 31, 2024 -460.62 Mn
Sep 30, 2024 -98.59 Mn
Jun 30, 2024 -404.60 Mn
Mar 31, 2024 -72.32 Mn
Dec 31, 2023 -91.59 Mn
Sep 30, 2023 -68.89 Mn
Jun 30, 2023 -68.89 Mn
Mar 31, 2023 -109.97 Mn
Dec 31, 2022 -109.97 Mn
Jun 30, 2022 -109.97 Mn
Dec 31, 2021 -38.99 Mn
Jun 30, 2021 -38.99 Mn
Jun 30, 2020 -1.96 Mn