Iren (IREN) Equity Ratio (2020 - 2026)

Iren (IREN) posted quarterly Equity Ratio of 0.37 for Q1 2026, down 45.72% YoY from 0.68 in Q1 2025, and up 2.64% sequentially from 0.36 in Q4 2025.

Iren (IREN) Equity Ratio (2020 - 2026) Analysis & Trends

Iren has disclosed Equity Ratio across 7 years of filings, most recently posting 0.37 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 45.72% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (down 45.72% YoY), while the FY2025 annual figure was 0.62, down 35.07% from the prior year.
  • Equity Ratio improved to 0.37 in Q1 2026, from 0.36 in the prior quarter.
  • Over the last five years, Equity Ratio for IREN reached as high as 0.95 in Q2 2024 and fell as low as 0.36 in Q4 2025.
  • The 5-year median for Equity Ratio is 0.68 (2025), against an average of 0.72.
  • Annual changes were most pronounced in 2022 — Equity Ratio jumped 308.49% — and 2025, when it plunged 46.87%.
  • A 5-year view of Equity Ratio shows it stood at 0.66 in 2022, then jumped by 39.59% to 0.92 in 2023, then fell by 26.52% to 0.67 in 2024, then sank by 46.87% to 0.36 in 2025, then increased by 2.64% to 0.37 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.37, 0.36, and 0.67 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 0.07
2 Goldman Sachs 309.79 Bn -627.76 Bn - 0.06
3 Schwab Charles 167.21 Bn 122.24 Bn - 0.10
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.18
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 0.21
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 0.30
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 0.88
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 0.04
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 0.37
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 0.41

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