Iren (IREN) Interest Coverage Ratio (2021 - 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% on a QoQ basis from 10.91 in Q4 2025.
Iren (IREN) has 4 years of Interest Coverage Ratio data on file, last reported at 15.74 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 321.91% year-over-year to 15.74 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.22 (down 147.79% YoY) and the FY2025 annual result came in at 1.57, up 100.56% from the prior year.
- Interest Coverage Ratio fell to 15.74 in Q1 2026 per IREN's latest filing, from 10.91 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 10.05 in Q4 2024 and bottomed at 2140.27 in Q3 2024.
- The 3-year median for Interest Coverage Ratio is 8.23 (2025), against an average of 307.79.
- The widest annual swing landed in 2025, when Interest Coverage Ratio surged 99.62%; it then sank 321.91% in 2026.
- Tracing IREN's Interest Coverage Ratio over 3 years: stood at 10.05 in 2024, then sank by 208.55% to 10.91 in 2025, then sank by 44.25% to 15.74 in 2026.
- Per Business Quant, the three latest IREN Interest Coverage Ratio figures stand at 15.74 (Q1 2026), 10.91 (Q4 2025), and 8.23 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.56 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 1.38 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 4.90 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | - |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 2.23 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 5.83 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -15.74 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 460.34 |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -40.07 |
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 |
| Dec 31, 2021 | -5.09 |