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| Date | Value |
|---|---|
| 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 |