Iren (IREN) Interest Expenses (2021 - 2026)
Iren (IREN) posted quarterly Interest Expenses of $307.8 million for Q1 2026, up 7373.88% year-over-year from $4.1 million in Q1 2025, and up 75.35% quarter-over-quarter from $175.6 million in Q4 2025.
Iren (IREN) Interest Expenses (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Interest Expenses for 6 consecutive years, with $307.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 7373.88% year-over-year to $307.8 million; the TTM figure through Mar 2026 stood at $307.8 million (up 4784.94% YoY), while the FY2025 annual figure was $34.6 million, down 40.86% from the prior year.
- Interest Expenses advanced to $307.8 million in Q1 2026 per IREN's latest filing, from $175.6 million in the prior quarter.
- Across five years, Interest Expenses topped out at $307.8 million in Q1 2026 and bottomed at -$5.3 million in Q2 2025.
- Historically, Interest Expenses has averaged $31.9 million across 5 years, with a median of $1.1 million in 2024.
- On a YoY basis, Interest Expenses climbed as much as 42081.82% in 2025 and fell as far as 1311.39% in 2025.
- Iren's Interest Expenses stood at $9.9 million in 2022, then slumped by 100.97% to -$96000.0 in 2023, then soared by 1893.75% to $1.7 million in 2024, then soared by 10095.35% to $175.6 million in 2025, then jumped by 75.35% to $307.8 million in 2026.
- Business Quant data shows IREN's Interest Expenses at $307.8 million in Q1 2026, $175.6 million in Q4 2025, and $9.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.12 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 18.09 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 789.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 102.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 1.18 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 101.50 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 505,000.00 |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Iren | 13.30 Bn | 11.09 Bn | 104.86 Mn | 14.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 307.85 Mn |
| Mar 31, 2026 | 307.85 Mn |
| Dec 31, 2025 | 175.56 Mn |
| Dec 31, 2025 | 175.56 Mn |
| Sep 30, 2025 | 9.28 Mn |
| Sep 30, 2025 | 9.28 Mn |
| Jun 30, 2025 | -5.32 Mn |
| Jun 30, 2025 | -5.32 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, 2024 | 439,000.00 |
| Jun 30, 2024 | 439,000.00 |
| Mar 31, 2024 | -82,000.00 |
| Mar 31, 2024 | -82,000.00 |
| Dec 31, 2023 | -96,000.00 |
| Dec 31, 2023 | -96,000.00 |