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% quarter-over-quarter from 106.3% in Q4 2025.
Iren (IREN) FCF Margin (2023 - 2026) Analysis & Trends
Iren (IREN) has 4 years of FCF Margin data on file, last reported at 791.16% in Q1 2026.
- FCF Margin for Q1 2026 came in at 791.16%, down 65711.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 192.95% (down 9395.0% YoY), and the FY2025 annual result was 65.38%, down 1750.0% from the prior year.
- FCF Margin eased to 791.16% in Q1 2026 per IREN's latest filing, from 106.3% in the prior quarter.
- Over five years, FCF Margin peaked at 390.5% in Q1 2023 and troughed at 791.16% in Q1 2026.
- A 4-year average of 138.64% and a median of 106.3% in 2025 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2026: FCF Margin surged 38261 bps in 2024, then plunged 65711 bps in 2026.
- A 4-year view of FCF Margin shows it stood at 41.31% in 2023, then increased by 19 bps to 49.32% in 2024, then sank by 316 bps to 106.3% in 2025, then sank by 644 bps to 791.16% in 2026.
- Business Quant data shows IREN's FCF Margin at 791.16% in Q1 2026, 106.3% in Q4 2025, and 15.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | -38.15% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | -188.27% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 111.11% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 190.16% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 214.80% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 2.52% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 16.77% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -791.16% |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 28.16% |
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% |