Iren (IREN) EV to CFO (2023 - 2026)
Iren's (IREN) quarterly EV to CFO came in at 15.04 in Q2 2026, down 77.69% year-over-year from 67.39 in Q2 2025, and down 94.65% quarter-over-quarter from 281.22 in Q1 2026.
Analysis
Iren (IREN) EV to CFO (2023 - 2026) Analysis & Trends
Iren (IREN) has reported EV to CFO for 4 consecutive years, with 15.04 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to CFO fell 77.69% year-over-year to 15.04 in Q2 2026; TTM through Jun 2026 was 12.96, a 54.14% decrease from a year earlier, with the FY2026 full-year figure at 12.96, down 54.14% from the prior year.
- EV to CFO was 15.04 for Q2 2026 at Iren, down from 281.22 in the prior quarter.
- Over five years, EV to CFO peaked at 304.53 in Q4 2025 and troughed at 1189.82 in Q3 2024.
- A 4-year average of 10.6 and a median of 30.95 in 2023 frame the typical range for EV to CFO.
- Across the five-year window, EV to CFO slumped 20358.06% in 2024 and jumped 1056.7% in 2025, its largest moves.
- Over 4 years, EV to CFO stood at 14.99 in 2023, then soared by 672.8% to 85.87 in 2024, then soared by 254.64% to 304.53 in 2025, then sank by 95.06% to 15.04 in 2026.
- The last three EV to CFO figures came in at 15.04 (Q2 2026), 281.22 (Q1 2026), and 304.53 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.04 |
| Mar 31, 2026 | 281.22 |
| Dec 31, 2025 | 304.53 |
| Sep 30, 2025 | 179.43 |
| Jun 30, 2025 | 67.39 |
| Mar 31, 2025 | 31.79 |
| Dec 31, 2024 | 85.87 |
| Sep 30, 2024 | -1,189.82 |
| Jun 30, 2024 | 44.51 |
| Mar 31, 2024 | -3.32 |
| Dec 31, 2023 | -14.99 |
| Sep 30, 2023 | -5.82 |
| Jun 30, 2023 | 30.12 |
| Mar 31, 2023 | 25.66 |