Iren (IREN) Interest Coverage Ratio (2024 - 2026)
Iren (IREN) reported Interest Coverage Ratio of 15.74 for Q1 2026, down 321.91% year-over-year from 7.09 in Q1 2025, and down 44.25% quarter-over-quarter from 10.91 in Q4 2025.
Iren (IREN) Interest Coverage Ratio (2024 - 2026) Analysis & Trends
Iren (IREN) has 3 years of Interest Coverage Ratio data on file, last reported at 15.74 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 15.74, down 321.91% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.22 (down 147.79% YoY), and the FY2025 annual result was 1.57, up 100.56% from the prior year.
- Interest Coverage Ratio declined to 15.74 in Q1 2026 per IREN's latest filing, from 10.91 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 10.05 in Q4 2024 and troughed at 2140.27 in Q3 2024.
- A 3-year average of 307.79 and a median of 8.23 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio jumped 99.62% in 2025, then tumbled 321.91% in 2026.
- A 3-year view of Interest Coverage Ratio shows it stood at 10.05 in 2024, then tumbled by 208.55% to 10.91 in 2025, then tumbled by 44.25% to 15.74 in 2026.
- Business Quant data shows IREN's Interest Coverage Ratio at 15.74 in Q1 2026, 10.91 in Q4 2025, and 8.23 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 1.56 |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 1.38 |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 4.90 |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 2.23 |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 5.83 |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 460.34 |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -15.74 |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |