Iren (IREN) Interest Expenses (2024 - 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% quarter-over-quarter from $10.7 million in Q4 2025.
Iren (IREN) Interest Expenses (2024 - 2026) Analysis & Trends
Iren (IREN) has 3 years of Interest Expenses data on file, last reported at $14.8 million in Q1 2026.
- Interest Expenses for Q1 2026 came in at $14.8 million, up 260.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $40.0 million (up 581.68% YoY), and the FY2025 annual result was $11.0 million, up 11170.41% from the prior year.
- Interest Expenses climbed to $14.8 million in Q1 2026 per IREN's latest filing, from $10.7 million in the prior quarter.
- Over five years, Interest Expenses peaked at $14.8 million in Q1 2026 and troughed at $22000.0 in Q3 2024.
- A 3-year average of $6.5 million and a median of $5.2 million in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2025 and 2026: Interest Expenses jumped 42081.82% in 2025, then surged 260.21% in 2026.
- A 3-year view of Interest Expenses shows it stood at $1.7 million in 2024, then soared by 519.51% to $10.7 million in 2025, then soared by 39.08% to $14.8 million in 2026.
- Business Quant data shows IREN's Interest Expenses at $14.8 million in Q1 2026, $10.7 million in Q4 2025, and $9.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 12.57 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 17.08 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 818.00 Mn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 1.04 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 100.29 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 624,000.00 |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 14.84 Mn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 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 |