Iren (IREN) FCF Margin (2023 - 2026)
Iren (IREN) reported FCF Margin of 791.16% for Q1 2026, down 65711.0% year-over-year from N/an in Q1 2025, and down 644.3% on a QoQ basis from 106.3% in Q4 2025.
Iren (IREN) has 4 years of FCF Margin data on file, last reported at 791.16% in Q1 2026.
- Quarterly FCF Margin fell 65711.0% year-over-year to 791.16% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 192.95% (down 9395.0% YoY) and the FY2025 annual result came in at 65.38%, down 1750.0% from the prior year.
- FCF Margin declined to 791.16% in Q1 2026 per IREN's latest filing, from 106.3% in the prior quarter.
- Across five years, FCF Margin topped out at 390.5% in Q1 2023 and bottomed at 791.16% in Q1 2026.
- The 4-year median for FCF Margin is 106.3% (2025), against an average of 138.64%.
- The widest annual swing landed in 2024, when FCF Margin soared 38261 bps; it then slumped 65711 bps in 2026.
- Tracing IREN's FCF Margin over 4 years: stood at 41.31% in 2023, then climbed by 19 bps to 49.32% in 2024, then tumbled by 316 bps to 106.3% in 2025, then tumbled by 644 bps to 791.16% in 2026.
- Per Business Quant, the three latest IREN FCF Margin figures stand at 791.16% (Q1 2026), 106.3% (Q4 2025), and 15.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | -38.15% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | -188.27% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 111.11% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 190.16% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 214.80% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 28.16% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 2.52% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -791.16% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 16.77% |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -89.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -791.16% |
| Dec 31, 2025 | -106.30% |
| Sep 30, 2025 | -15.79% |
| Jun 30, 2025 | -43.23% |
| Mar 31, 2025 | -134.05% |
| Dec 31, 2024 | 49.32% |
| Sep 30, 2024 | -207.99% |
| Jun 30, 2024 | -210.57% |
| Mar 31, 2024 | -192.48% |
| Dec 31, 2023 | 41.31% |
| Sep 30, 2023 | 11.27% |
| Jun 30, 2023 | -593.18% |
| Mar 31, 2023 | 390.50% |