Growth Metrics

Iren (IREN) Interest Expenses (2021 - 2026)

Iren (IREN) reported Interest Expenses of $14.8 million for Q1 2026, up 260.21% year-over-year from $4.1 million in Q1 2025, and up 39.08% on a QoQ basis from $10.7 million in Q4 2025.

Iren (IREN) has 5 years of Interest Expenses data on file, last reported at $14.8 million in Q1 2026.

  • Quarterly Interest Expenses rose 260.21% year-over-year to $14.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $40.0 million (up 581.68% YoY) and the FY2025 annual result came in at $11.0 million, up 11170.41% from the prior year.
  • Interest Expenses improved to $14.8 million in Q1 2026 per IREN's latest filing, from $10.7 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $14.8 million in Q1 2026 and bottomed at -$3.3 million in Q2 2022.
  • The 4-year median for Interest Expenses is $4.7 million (2025), against an average of $5.3 million.
  • The widest annual swing landed in 2025, when Interest Expenses surged 42081.82%; it then soared 260.21% in 2026.
  • Tracing IREN's Interest Expenses over 4 years: stood at -$3.3 million in 2022, then jumped by 151.65% to $1.7 million in 2024, then jumped by 519.51% to $10.7 million in 2025, then jumped by 39.08% to $14.8 million in 2026.
  • Per Business Quant, the three latest IREN Interest Expenses figures stand at $14.8 million (Q1 2026), $10.7 million (Q4 2025), and $9.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 12.57 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 17.08 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 818.00 Mn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn -
5 Interactive Brokers 39.54 Bn 50.13 Bn - 1.04 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn -
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 100.29 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 14.84 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 624,000.00
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn 9.24 Mn

Historic Data

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DateValue
Mar 31, 2026 14.84 Mn
Mar 31, 2026 14.84 Mn
Dec 31, 2025 10.67 Mn
Dec 31, 2025 10.67 Mn
Sep 30, 2025 9.28 Mn
Sep 30, 2025 9.28 Mn
Jun 30, 2025 5.18 Mn
Jun 30, 2025 5.18 Mn
Mar 31, 2025 4.12 Mn
Mar 31, 2025 4.12 Mn
Dec 31, 2024 1.72 Mn
Dec 31, 2024 1.72 Mn
Sep 30, 2024 22,000.00
Sep 30, 2024 22,000.00
Jun 30, 2022 -3.33 Mn
Jun 30, 2022 -3.33 Mn
Dec 31, 2021 -1.09 Mn
Dec 31, 2021 -1.09 Mn