Iren (IREN) FCF Margin (2023 - 2026)
Iren (IREN) posted quarterly FCF Margin of 791.16% for Q1 2026, down 65711.0% YoY from N/an in Q1 2025, and down 644.3% sequentially from 106.3% in Q4 2025.
Iren (IREN) FCF Margin (2023 - 2026) Analysis & Trends
Iren has disclosed FCF Margin across 4 years of filings, most recently posting 791.16% for Q1 2026.
- In Q1 2026, FCF Margin fell 65711.0% year-over-year to 791.16%; the TTM figure through Mar 2026 stood at 192.95% (down 9309.0% YoY), while the FY2025 annual figure was 65.38%, down 1750.0% from the prior year.
- FCF Margin fell to 791.16% in Q1 2026, from 106.3% in the prior quarter.
- Over the last five years, FCF Margin for IREN reached as high as 390.5% in Q1 2023 and fell as low as 791.16% in Q1 2026.
- The 4-year median for FCF Margin is 82.69% (2023), against an average of 124.74%.
- Annual changes were most pronounced in 2024 — FCF Margin surged 38261 bps — and 2026, when it slumped 65711 bps.
- A 4-year view of FCF Margin shows it stood at 82.69% in 2023, then jumped by 160 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.
- According to Business Quant data, FCF Margin over the past three periods registered 791.16%, 106.3%, and 15.79% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | -38.15% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | -188.27% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 111.11% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 190.16% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 2.52% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 16.77% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 28.16% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -791.16% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | -16.35% |
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 | 99.22% |
| Dec 31, 2023 | -82.69% |
| Sep 30, 2023 | 37.96% |
| Jun 30, 2023 | -593.18% |
| Mar 31, 2023 | 390.50% |