Growth Metrics

Iren (IREN) Equity Ratio (2020 - 2026)

Iren (IREN) reported Equity Ratio of 0.37 for Q1 2026, down 45.72% year-over-year from 0.68 in Q1 2025, and up 2.64% on a QoQ basis from 0.36 in Q4 2025.

Iren (IREN) has 7 years of Equity Ratio data on file, last reported at 0.37 in Q1 2026.

  • Quarterly Equity Ratio fell 45.72% year-over-year to 0.37 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.37 (down 45.72% YoY) and the FY2025 annual result came in at 0.62, down 35.07% from the prior year.
  • Equity Ratio climbed to 0.37 in Q1 2026 per IREN's latest filing, from 0.36 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.95 in Q2 2024 and bottomed at 0.36 in Q4 2025.
  • The 5-year median for Equity Ratio is 0.68 (2025), against an average of 0.72.
  • The widest annual swing landed in 2022, when Equity Ratio surged 308.49%; it then plunged 46.87% in 2025.
  • Tracing IREN's Equity Ratio over 5 years: stood at 0.66 in 2022, then surged by 39.59% to 0.92 in 2023, then dropped by 26.52% to 0.67 in 2024, then sank by 46.87% to 0.36 in 2025, then climbed by 2.64% to 0.37 in 2026.
  • Per Business Quant, the three latest IREN Equity Ratio figures stand at 0.37 (Q1 2026), 0.36 (Q4 2025), and 0.67 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 0.07
2 Goldman Sachs 318.59 Bn -618.96 Bn - 0.06
3 Schwab Charles 154.74 Bn 109.76 Bn - 0.10
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 0.21
5 Interactive Brokers 39.54 Bn 50.13 Bn - 0.03
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 0.04
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 0.30
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 0.37
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 0.88
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn 0.65

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.36
Sep 30, 2025 0.67
Jun 30, 2025 0.62
Mar 31, 2025 0.68
Dec 31, 2024 0.67
Sep 30, 2024 0.88
Jun 30, 2024 0.95
Mar 31, 2024 0.94
Dec 31, 2023 0.92
Jun 30, 2023 0.92
Dec 31, 2022 0.66
Jun 30, 2022 0.77
Jun 30, 2021 -0.37
Jun 30, 2020 0.76