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

Iren (IREN) posted quarterly Interest Coverage Ratio of 0.76 for Q1 2026, down 110.69% year-over-year from 7.09 in Q1 2025, and down 14.41% quarter-over-quarter from 0.66 in Q4 2025.

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

Iren (IREN) has reported Interest Coverage Ratio for 6 consecutive years, with 0.76 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 110.69% year-over-year to 0.76; the TTM figure through Mar 2026 stood at 1.33 (up 65.42% YoY), while the FY2025 annual figure was 0.5, up 207.57% from the prior year.
  • Interest Coverage Ratio fell to 0.76 in Q1 2026 per IREN's latest filing, from 0.66 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 23.14 in Q4 2023 and bottomed at 2140.27 in Q3 2024.
  • Historically, Interest Coverage Ratio has averaged 158.48 across 5 years, with a median of 4.56 in 2022.
  • On a YoY basis, Interest Coverage Ratio climbed as much as 278.29% in 2023 and fell as far as 2543.42% in 2023.
  • Iren's Interest Coverage Ratio stood at 12.98 in 2022, then jumped by 278.29% to 23.14 in 2023, then plunged by 56.55% to 10.05 in 2024, then sank by 106.6% to 0.66 in 2025, then retreated by 14.41% to 0.76 in 2026.
  • Business Quant data shows IREN's Interest Coverage Ratio at 0.76 in Q1 2026, 0.66 in Q4 2025, and 8.23 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 1.56
2 Goldman Sachs 316.34 Bn -660.01 Bn - 1.47
3 Schwab Charles 220.55 Bn 135.80 Bn - 1.83
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 10.21
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 4.61
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -0.76
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 2.23
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 2.96
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 1.19

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.76
Dec 31, 2025 -0.66
Sep 30, 2025 -8.23
Jun 30, 2025 -3.36
Mar 31, 2025 7.09
Dec 31, 2024 10.05
Sep 30, 2024 -2,140.27
Jun 30, 2024 -53.80
Mar 31, 2024 -73.45
Dec 31, 2023 23.14
Sep 30, 2023 -154.54
Jun 30, 2023 -2.96
Mar 31, 2023 -124.33
Dec 31, 2022 -12.98
Jun 30, 2022 -5.76
Mar 31, 2022 5.09
Dec 31, 2021 6.94