Iren (IREN) FCF Margin (2023 - 2026)
Iren (IREN) posted quarterly FCF Margin of 603.5% for Q1 2026, down 56804.0% year-over-year from N/an in Q1 2025, and down 138.14% quarter-over-quarter from 253.42% in Q4 2025.
Iren (IREN) FCF Margin (2023 - 2026) Analysis & Trends
Iren (IREN) has reported FCF Margin for 4 consecutive years, with 603.5% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 56804.0% year-over-year to 603.5%; the TTM figure through Mar 2026 stood at 192.95% (down 9395.0% YoY), while the FY2025 annual figure was 65.38%, down 1750.0% from the prior year.
- FCF Margin fell to 603.5% in Q1 2026 per IREN's latest filing, from 253.42% in the prior quarter.
- Across five years, FCF Margin topped out at 390.5% in Q1 2023 and bottomed at 603.5% in Q1 2026.
- Historically, FCF Margin has averaged 124.64% across 4 years, with a median of 73.62% in 2024.
- Annual changes were most pronounced in 2024 — FCF Margin surged 38261 bps — and 2026, when it tumbled 56804 bps.
- Iren's FCF Margin stood at 38.79% in 2023, then sank by 290 bps to 73.62% in 2024, then sank by 244 bps to 253.42% in 2025, then sank by 138 bps to 603.5% in 2026.
- Business Quant data shows IREN's FCF Margin at 603.5% in Q1 2026, 253.42% 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 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | -16.70% |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 27.55% |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 111.11% |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 54.13% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -603.50% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 214.80% |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 3.90% |
| 10 | Tradeweb Markets | 23.53 Bn | 22.17 Bn | - | 67.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 101.54% |
| Dec 31, 2023 | 38.79% |
| Sep 30, 2023 | -114.42% |
| Jun 30, 2023 | -593.18% |
| Mar 31, 2023 | 390.50% |