Iren (IREN) Free Cash Flow (2023 - 2026)
Iren (IREN) reported Free Cash Flow of -$1.1 billion for Q1 2026, down 490.1% year-over-year from $293.7 million in Q1 2025, and down 483.52% quarter-over-quarter from -$196.3 million in Q4 2025.
Iren (IREN) Free Cash Flow (2023 - 2026) Analysis & Trends
Iren (IREN) has 4 years of Free Cash Flow data on file, last reported at -$1.1 billion in Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$1.1 billion, down 490.1% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.5 billion (down 297.61% YoY), and the FY2025 annual result was -$327.6 million, down 265.44% from the prior year.
- Free Cash Flow fell to -$1.1 billion in Q1 2026 per IREN's latest filing, from -$196.3 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $57.3 million in Q4 2024 and troughed at -$1.1 billion in Q1 2026.
- A 4-year average of -$159.1 million and a median of -$102.8 million in 2024 frame the typical range for Free Cash Flow.
- On a YoY basis, Free Cash Flow climbed as much as 229.74% in 2024 and fell as far as 2932.15% in 2024.
- A 4-year view of Free Cash Flow shows it stood at $17.4 million in 2023, then soared by 229.74% to $57.3 million in 2024, then plunged by 442.74% to -$196.3 million in 2025, then plunged by 483.52% to -$1.1 billion in 2026.
- Business Quant data shows IREN's Free Cash Flow at -$1.1 billion in Q1 2026, -$196.3 million in Q4 2025, and -$38.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | -1.33 Mn |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | -7.85 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | -32.43 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 7.20 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 2.03 Bn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 3.59 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 124.64 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 103.58 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -1.15 Bn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 11.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.15 Bn |
| Mar 31, 2026 | -1.15 Bn |
| Dec 31, 2025 | -196.32 Mn |
| Dec 31, 2025 | -196.32 Mn |
| Sep 30, 2025 | -37.95 Mn |
| Sep 30, 2025 | -37.95 Mn |
| Jun 30, 2025 | -80.97 Mn |
| Jun 30, 2025 | -80.97 Mn |
| Mar 31, 2025 | -194.13 Mn |
| Mar 31, 2025 | -194.13 Mn |
| Dec 31, 2024 | 57.28 Mn |
| Dec 31, 2024 | 57.28 Mn |
| Sep 30, 2024 | -109.75 Mn |
| Sep 30, 2024 | -109.75 Mn |
| Jun 30, 2024 | -120.80 Mn |
| Jun 30, 2024 | -120.80 Mn |
| Mar 31, 2024 | -102.75 Mn |
| Mar 31, 2024 | -102.75 Mn |
| Dec 31, 2023 | 17.37 Mn |
| Dec 31, 2023 | 17.37 Mn |