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% on a QoQ basis from -$196.3 million in Q4 2025.
Iren (IREN) has 4 years of Free Cash Flow data on file, last reported at -$1.1 billion in Q1 2026.
- Quarterly Free Cash Flow fell 490.1% year-over-year to -$1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.5 billion (down 297.61% YoY) and the FY2025 annual result came in at -$327.6 million, down 265.44% from the prior year.
- Free Cash Flow retreated to -$1.1 billion in Q1 2026 per IREN's latest filing, from -$196.3 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $57.3 million in Q4 2024 and bottomed at -$1.1 billion in Q1 2026.
- The 4-year median for Free Cash Flow is -$102.8 million (2024), against an average of -$159.1 million.
- Peak annual rise in Free Cash Flow reached 229.74% in 2024, while the deepest fall reached 2932.15% in 2024.
- Tracing IREN's Free Cash Flow over 4 years: stood at $17.4 million in 2023, then jumped by 229.74% to $57.3 million in 2024, then slumped by 442.74% to -$196.3 million in 2025, then slumped by 483.52% to -$1.1 billion in 2026.
- Per Business Quant, the three latest IREN Free Cash Flow figures stand at -$1.1 billion (Q1 2026), -$196.3 million (Q4 2025), and -$38.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | -7.85 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | -32.43 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 7.20 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 2.03 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 3.59 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 11.72 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 124.64 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -1.15 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 103.58 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -63.84 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 |
| Sep 30, 2023 | 3.88 Mn |
| Sep 30, 2023 | 3.88 Mn |
| Jun 30, 2023 | -202.96 Mn |
| Jun 30, 2023 | -202.96 Mn |
| Mar 31, 2023 | 44.23 Mn |
| Mar 31, 2023 | 44.23 Mn |