Iren (IREN) Gross Margin (2024 - 2026)

Iren (IREN) has 3 years of Gross Margin data on file, last reported at 99.97% in Q1 2026.

• Gross Margin for Q1 2026 came in at 99.97%, up 126.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 90.91% (changed N/A YoY), and the FY2025 annual result was 97.35%, up 166.0% from the prior year.
• Gross Margin climbed to 99.97% in Q1 2026 per IREN's latest filing, from 64.39% in the prior quarter.
• Over five years, Gross Margin peaked at 100.0% in Q3 2025 and troughed at 39.62% in Q3 2024.
• A 3-year average of 81.9% and a median of 98.38% in 2025 frame the typical range for Gross Margin.
• On a YoY basis, Gross Margin climbed as much as 6038 bps in 2025 and fell as far as 780 bps in 2025.
• A 3-year view of Gross Margin shows it stood at 72.19% in 2024, then slipped by 11 bps to 64.39% in 2025, then soared by 55 bps to 99.97% in 2026.
• Business Quant data shows IREN's Gross Margin at 99.97% in Q1 2026, 64.39% in Q4 2025, and 100.0% in Q3 2025.