Iren (IREN) Interest Coverage Ratio (2021 - 2026)
Iren's (IREN) Interest Coverage Ratio stood at -2.55 in fiscal Q1 2027 (quarter ended Sep 30, 2026), compared with -8.44 a year earlier.
Iren (IREN) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
On a TTM basis, Iren's Interest Coverage Ratio came in at -9.40 as of Sep 30, 2026; for FY2026 (ended Jun 30, 2026), it was -17.67.
- Across earlier fiscal years, Interest Coverage Ratio came in at 1.57 in FY2025, -277.90 in FY2024, -9.70 in FY2023 and 0.06 in FY2022.
- The fiscal Q1 2027 figure is the highest quarterly Interest Coverage Ratio since fiscal Q4 2025.
- Per Business Quant, the preceding three fiscal quarters came in at -25.36 (Q4 2026), -15.74 (Q3 2026) and -10.91 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.14 Bn | 22.87 Bn | 3.24 Bn | - |
| 2 | PayPal Holdings | 49.62 Bn | 8.32 Bn | - | - |
| 3 | Fiserv | 33.93 Bn | 31.16 Bn | 2.76 Bn | -15.97 |
| 4 | Coinbase Global | 33.79 Bn | -5.85 Bn | - | 3.16 |
| 5 | Corpay | 29.77 Bn | 18.90 Bn | - | 5.71 |
| 6 | Global Payments | 24.30 Bn | -237.28 Mn | 2.01 Bn | 0.89 |
| 7 | Iren | 14.79 Bn | -105.20 Mn | 182.00 Mn | -2.55 |
| 8 | Guidewire Software | 12.98 Bn | 9.54 Bn | 269.68 Mn | 18.55 |
| 9 | Chime Financial | 12.86 Bn | 8.55 Bn | 646.07 Mn | - |
| 10 | Jack Henry & Associates | 12.37 Bn | 12.28 Bn | 325.50 Mn | 135.52 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.55 |
| Jun 30, 2026 | -25.36 |
| Mar 31, 2026 | -15.74 |
| Dec 31, 2025 | -10.91 |
| Sep 30, 2025 | -8.44 |
| 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 | -12.98 |
| Dec 31, 2021 | 6.94 |
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_KEY
import 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();