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
Download Data| Date | Value |
|---|---|
| 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 |