Iren (IREN) Enterprise Value (2020 - 2026)
Iren (IREN) posted quarterly Enterprise Value of -$2.2 billion for Q1 2026, down 910.4% year-over-year from $273.1 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 reported Enterprise Value for 7 consecutive years, with -$2.2 billion the latest figure, recorded in 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 38.71% from the prior year.
- Enterprise Value grew to -$2.2 billion in Q1 2026 per IREN's latest filing, from -$3.3 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$33.2 million in Q1 2023 and bottomed at -$3.3 billion in Q4 2025.
- Historically, Enterprise Value has averaged -$597.5 million across 5 years, with a median of -$219.0 million in 2025.
- Annual changes were most pronounced in 2022 — Enterprise Value soared 84.05% — and 2025, when it slumped 949.99%.
- Iren's Enterprise Value stood at -$40.7 million in 2022, then sank by 125.25% to -$91.6 million in 2023, then tumbled by 427.68% to -$483.3 million in 2024, then plunged by 574.67% to -$3.3 billion in 2025, then surged 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | -160.14 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | -976.35 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | -84.75 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -15.88 Bn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | -17.32 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -2.21 Bn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | -1.52 Mn |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | -42.82 Bn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | -2.70 Bn |
| 10 | Tradeweb Markets | 23.53 Bn | 22.17 Bn | - | -1.35 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 | -219.05 Mn |
| Dec 31, 2024 | -483.29 Mn |
| Sep 30, 2024 | -98.59 Mn |
| Jun 30, 2024 | -411.13 Mn |
| Mar 31, 2024 | -263.12 Mn |
| Dec 31, 2023 | -91.59 Mn |
| Sep 30, 2023 | -64.17 Mn |
| Jun 30, 2023 | -68.89 Mn |
| Mar 31, 2023 | -33.15 Mn |
| Dec 31, 2022 | -40.66 Mn |
| Jun 30, 2022 | -109.97 Mn |
| Dec 31, 2021 | -254.98 Mn |
| Jun 30, 2021 | -38.99 Mn |
| Jun 30, 2020 | -1.96 Mn |