Iren (IREN) Gross Profit (2024 - 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.
Powered by 
Analysis
Iren (IREN) Gross Profit (2024 - 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 | 57.56 Bn | 54.94 Bn | 40.81 Mn |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Iren Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();