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% quarter-over-quarter from 0.36 in Q4 2025.

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

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

  • Equity Ratio for Q1 2026 came in at 0.37, down 45.72% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.37 (down 45.72% YoY), and the FY2025 annual result was 0.62, down 35.07% from the prior year.
  • Equity Ratio advanced to 0.37 in Q1 2026 per IREN's latest filing, from 0.36 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.95 in Q2 2024 and troughed at 0.36 in Q4 2025.
  • A 5-year average of 0.72 and a median of 0.68 in 2025 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio jumped 308.49% in 2022, then slumped 46.87% in 2025.
  • 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 tumbled by 46.87% to 0.36 in 2025, then increased by 2.64% to 0.37 in 2026.
  • Business Quant data shows IREN's Equity Ratio at 0.37 in Q1 2026, 0.36 in Q4 2025, and 0.67 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 0.07
3 Goldman Sachs 333.85 Bn -603.70 Bn - 0.06
4 Schwab Charles 160.31 Bn 115.33 Bn - 0.10
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 0.21
6 Interactive Brokers 42.79 Bn 53.38 Bn - 0.03
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 0.30
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 0.88
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 0.37
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 0.04

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