Iren IREN
NASDAQ IREN
$44.68 +3.03 (+7.27%)
At close: Sep 4, 2026 · 4:00 PM EDT

Iren (IREN) Gross Profit (2021 - 2026)

Iren's (IREN) quarterly Gross Profit came in at $103.9 million in Q2 2026, down 22.7% year-over-year from $134.4 million in Q2 2025, and down 0.93% quarter-over-quarter from $104.9 million in Q1 2026.

Analysis

Iren (IREN) Gross Profit (2021 - 2026) Analysis & Trends

Iren (IREN) has reported Gross Profit for 6 consecutive years, with $103.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Profit fell 22.7% year-over-year to $103.9 million in Q2 2026; TTM through Jun 2026 was $487.3 million, a 42.47% increase from a year earlier, with the FY2026 full-year figure at $487.3 million, up 42.47% from the prior year.
  • Gross Profit was $103.9 million for Q2 2026 at Iren, down from $104.9 million in the prior quarter.
  • Over five years, Gross Profit peaked at $159.6 million in Q3 2025 and troughed at -$14.9 million in Q2 2024.
  • A 5-year average of $63.3 million and a median of $48.8 million in 2024 frame the typical range for Gross Profit.
  • Across the five-year window, Gross Profit tumbled 242.68% in 2024 and surged 1002.46% in 2025, its largest moves.
  • Over 5 years, Gross Profit stood at $10.1 million in 2022, then soared by 255.73% to $36.0 million in 2023, then soared by 132.66% to $83.8 million in 2024, then soared by 41.84% to $118.9 million in 2025, then slipped by 12.65% to $103.9 million in 2026.
  • The last three Gross Profit figures came in at $103.9 million (Q2 2026), $104.9 million (Q1 2026), and $118.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bitmine Immersion Technologies 56.87 Bn 56.53 Bn 40.81 Mn
2 Iren 34.00 Bn 26.43 Bn 103.89 Mn
3 Hut 8 11.52 Bn 5.04 Bn 48.04 Mn
4 Riot Platforms 8.24 Bn 7.69 Bn 84.97 Mn
5 Argo Blockchain 6.43 Bn 6.43 Bn -
6 MARA Holdings 4.32 Bn 3.96 Bn -
7 Cleanspark 3.26 Bn 3.05 Bn -
8 Bitdeer Technologies 2.92 Bn 2.46 Bn -8.53 Mn
9 Keel Infrastructure 2.14 Bn 2.13 Bn -86.75 Mn
10 HIVE Digital Technologies 853.00 Mn 613.97 Mn -29.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 103.89 Mn
Mar 31, 2026 104.86 Mn
Dec 31, 2025 118.93 Mn
Sep 30, 2025 159.62 Mn
Jun 30, 2025 134.40 Mn
Mar 31, 2025 102.87 Mn
Dec 31, 2024 83.85 Mn
Sep 30, 2024 20.91 Mn
Jun 30, 2024 -14.89 Mn
Mar 31, 2024 48.85 Mn
Dec 31, 2023 36.04 Mn
Sep 30, 2023 30.12 Mn
Jun 30, 2023 -4.35 Mn
Mar 31, 2023 14.42 Mn
Dec 31, 2022 10.13 Mn
Dec 31, 2021 18.23 Mn