Iren (IREN) Enterprise Value (2020 - 2026)

Iren has disclosed Enterprise Value across 7 years of filings, most recently posting -$2.2 billion for Q1 2026.

• In Q1 2026, Enterprise Value fell 910.4% year-over-year to -$2.2 billion; the TTM figure through Mar 2026 stood at -$2.2 billion (down 910.4% YoY), while the FY2025 annual figure was -$570.3 million, down 40.95% from the prior year.
• Enterprise Value rose to -$2.2 billion in Q1 2026, from -$3.3 billion in the prior quarter.
• Over the last five years, Enterprise Value for IREN reached as high as -$40.7 million in Q4 2022 and fell as low as -$3.3 billion in Q4 2025.
• The 5-year median for Enterprise Value is -$263.1 million (2024), against an average of -$681.5 million.
• Annual changes were most pronounced in 2023 — Enterprise Value soared 37.35% — and 2025, when it plunged 949.99%.
• A 5-year view of Enterprise Value shows it stood at -$40.7 million in 2022, then slumped by 125.25% to -$91.6 million in 2023, then plunged by 427.68% to -$483.3 million in 2024, then sank by 574.67% to -$3.3 billion in 2025, then jumped by 32.12% to -$2.2 billion in 2026.
• According to Business Quant data, Enterprise Value over the past three periods registered -$2.2 billion, -$3.3 billion, and -$1.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.