Iren (IREN) Exchange Rate Effect (2023 - 2026)
Iren's (IREN) quarterly Exchange Rate Effect came in at -$2.1 million in Q2 2026, down 258.51% year-over-year from $1.3 million in Q2 2025, and down 263.91% quarter-over-quarter from -$568000.0 in Q1 2026.
Analysis
Iren (IREN) Exchange Rate Effect (2023 - 2026) Analysis & Trends
Iren (IREN) has reported Exchange Rate Effect for 4 consecutive years, with -$2.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Exchange Rate Effect fell 258.51% year-over-year to -$2.1 million in Q2 2026; TTM through Jun 2026 was -$2.5 million, a 1088.04% decrease from a year earlier, with the FY2026 full-year figure at -$2.5 million, down 1088.04% from the prior year.
- Exchange Rate Effect was -$2.1 million for Q2 2026 at Iren, down from -$568000.0 in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $1.3 million in Q2 2025 and troughed at -$2.1 million in Q2 2026.
- A 4-year average of -$348642.9 and a median of -$235000.0 in 2024 frame the typical range for Exchange Rate Effect.
- Across the five-year window, Exchange Rate Effect plunged 1744.33% in 2024 and surged 262.59% in 2025, its largest moves.
- Over 4 years, Exchange Rate Effect stood at $97000.0 in 2023, then sank by 1744.33% to -$1.6 million in 2024, then surged by 101.76% to $28000.0 in 2025, then slumped by 7482.14% to -$2.1 million in 2026.
- The last three Exchange Rate Effect figures came in at -$2.1 million (Q2 2026), -$568000.0 (Q1 2026), and $28000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -2.07 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 19,000.00 |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | - |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -503,000.00 |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -3.33 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 11,000.00 |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 425,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.07 Mn |
| Mar 31, 2026 | -568,000.00 |
| Dec 31, 2025 | 28,000.00 |
| Sep 30, 2025 | 124,000.00 |
| Jun 30, 2025 | 1.30 Mn |
| Mar 31, 2025 | -289,000.00 |
| Dec 31, 2024 | -1.60 Mn |
| Sep 30, 2024 | 371,000.00 |
| Jun 30, 2024 | -802,000.00 |
| Mar 31, 2024 | -181,000.00 |
| Dec 31, 2023 | 97,000.00 |
| Sep 30, 2023 | 214,000.00 |
| Jun 30, 2023 | -618,000.00 |
| Mar 31, 2023 | -899,000.00 |