Iren (IREN) Interest Coverage Ratio (2021 - 2026)

Iren (IREN) posted quarterly Interest Coverage Ratio of 15.74 for Q1 2026, down 321.91% YoY from 7.09 in Q1 2025, and down 44.25% sequentially from 10.91 in Q4 2025.

Iren (IREN) Interest Coverage Ratio (2021 - 2026) Analysis & Trends

Iren has disclosed Interest Coverage Ratio across 5 years of filings, most recently posting 15.74 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 321.91% year-over-year to 15.74; the TTM figure through Mar 2026 stood at 10.22 (down 147.79% YoY), while the FY2025 annual figure was 1.57, up 100.56% from the prior year.
  • Interest Coverage Ratio retreated to 15.74 in Q1 2026, from 10.91 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for IREN reached as high as 10.05 in Q4 2024 and fell as low as 2140.27 in Q3 2024.
  • The 4-year median for Interest Coverage Ratio is 0.56 (2022), against an average of 238.77.
  • Annual changes were most pronounced in 2025 — Interest Coverage Ratio jumped 99.62% — and 2026, when it sank 321.91%.
  • A 4-year view of Interest Coverage Ratio shows it stood at 0.56 in 2022, then surged by 1701.84% to 10.05 in 2024, then sank by 208.55% to 10.91 in 2025, then sank by 44.25% to 15.74 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 15.74, 10.91, and 8.23 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.56
2 Goldman Sachs 309.79 Bn -627.76 Bn - 1.38
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.90
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 5.83
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 460.34
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -15.74
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 36.44

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.74
Dec 31, 2025 -10.91
Sep 30, 2025 -8.23
Jun 30, 2025 3.45
Mar 31, 2025 7.09
Dec 31, 2024 10.05
Sep 30, 2024 -2,140.27
Jun 30, 2022 0.56
Mar 31, 2022 5.09
Dec 31, 2021 -5.09