Iren (IREN) FCF Margin (2023 - 2026)
Iren's (IREN) quarterly FCF Margin came in at 351.43% in Q2 2026, up 39466.0% year-over-year from N/an in Q2 2025, and up 158.23% quarter-over-quarter from 603.5% in Q1 2026.
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Iren (IREN) FCF Margin (2023 - 2026) Analysis & Trends
Iren (IREN) has reported FCF Margin for 4 consecutive years, with 351.43% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 39466.0% year-over-year to 351.43% in Q2 2026; TTM through Jun 2026 was 126.96%, a 6158.0% decrease from a year earlier, with the FY2026 full-year figure at 126.96%, down 6158.0% from the prior year.
- FCF Margin was 351.43% for Q2 2026 at Iren, up from 603.5% in the prior quarter.
- Over five years, FCF Margin peaked at 351.43% in Q2 2026 and troughed at 728.99% in Q2 2023.
- A 4-year average of 111.2% and a median of 92.49% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin jumped 51841 bps in 2024 and plunged 56804 bps in 2026, its largest moves.
- Over 4 years, FCF Margin stood at 111.36% in 2023, then soared by 34 bps to 73.62% in 2024, then sank by 244 bps to 253.42% in 2025, then surged by 239 bps to 351.43% in 2026.
- The last three FCF Margin figures came in at 351.43% (Q2 2026), 603.5% (Q1 2026), and 253.42% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -4,558.91% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 351.43% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -12.84% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -86.59% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -136.41% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 46.97% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -315.53% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -13.51% |
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% |