Iren (IREN) Interest Coverage Ratio (2021 - 2026)
Iren's (IREN) quarterly Interest Coverage Ratio came in at 25.36 in Q2 2026, down 834.57% year-over-year from 3.45 in Q2 2025, and down 61.11% quarter-over-quarter from 15.74 in Q1 2026.
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Analysis
Iren (IREN) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Interest Coverage Ratio for 6 consecutive years, with 25.36 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 834.57% year-over-year to 25.36 in Q2 2026; TTM through Jun 2026 was 17.67, a 1213.45% decrease from a year earlier, with the FY2026 full-year figure at 17.67, down 1226.09% from the prior year.
- Interest Coverage Ratio was 25.36 for Q2 2026 at Iren, down from 15.74 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 461.63 in Q3 2024 and troughed at 47.8 in Q1 2024.
- A 5-year average of 31.27 and a median of 2.26 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio surged 15631.63% in 2022 and plunged 2993.57% in 2024, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 12.37 in 2022, then surged by 498.41% to 74.03 in 2023, then tumbled by 86.42% to 10.05 in 2024, then plunged by 208.55% to 10.91 in 2025, then sank by 132.39% to 25.36 in 2026.
- The last three Interest Coverage Ratio figures came in at 25.36 (Q2 2026), 15.74 (Q1 2026), and 10.91 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn | - |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - | -5.04 |
| 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 | -25.36 |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - | 4.12 |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn | 2.70 |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn | 1.21 |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn | 18.55 |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn | -4.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.36 |
| 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, 2024 | -82.01 |
| Mar 31, 2024 | 47.80 |
| Dec 31, 2023 | -74.03 |
| Sep 30, 2023 | -224.79 |
| Jun 30, 2023 | -0.40 |
| Mar 31, 2023 | -2.26 |
| Dec 31, 2022 | -12.37 |
| Dec 31, 2021 | 0.08 |
API Access
Iren Interest Coverage Ratio 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=interest-coverage-ratio&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();