Iren (IREN) FCF Margin (2023 - 2026)
Iren (IREN) recorded FCF Margin of 351.43% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 394.66 percentage points from -43.23% a year earlier and up 954.92 percentage points from the prior quarter.
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Analysis
Iren (IREN) FCF Margin (2023 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren reported FCF Margin of -126.96%, down 61.58 percentage points from FY2025.
- Annual FCF Margin has a five-year change of -56.82 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, FCF Margin came in at -65.38% in FY2025 (-17.50 pp), -47.88% in FY2024 (+98.24 pp), -146.12% in FY2023 (+59.06 pp) and -205.18% in FY2022 (-135.05 pp).
- The fiscal Q4 2026 figure is the highest quarterly FCF Margin in data going back to fiscal Q3 2023.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of -38.14 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 518.41 percentage points in fiscal Q4 2024, against a drop of 568.04 percentage points in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -603.50% (Q3 2026), -253.42% (Q2 2026) and -15.79% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 16.17% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 20.44% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 14.61% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | 351.43% |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 105.74% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 18.61% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 12.86% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | 62.27% |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 68.54% |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | -780.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 351.43% |
| Mar 31, 2026 | -603.50% |
| Dec 31, 2025 | -253.42% |
| Sep 30, 2025 | -15.79% |
| Jun 30, 2025 | -43.23% |
| Mar 31, 2025 | -35.46% |
| Dec 31, 2024 | -73.62% |
| Sep 30, 2024 | -207.99% |
| Jun 30, 2024 | -210.57% |
| Mar 31, 2024 | 219.14% |
| Dec 31, 2023 | -111.36% |
| Sep 30, 2023 | -113.38% |
| Jun 30, 2023 | -728.99% |
| Mar 31, 2023 | 270.00% |
API Access
Iren FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();