Iren IREN
NASDAQ IREN
$43.83 +0.19 (+0.44%)
At close: Sep 11, 2026 · 4:00 PM EDT

Iren (IREN) Interest Expenses (2021 - 2026)

Iren's (IREN) quarterly Interest Expenses came in at $24.5 million in Q2 2026, up 372.13% year-over-year from $5.2 million in Q2 2025, and up 64.9% quarter-over-quarter from $14.8 million in Q1 2026.

Analysis

Iren (IREN) Interest Expenses (2021 - 2026) Analysis & Trends

Iren (IREN) has reported Interest Expenses for 6 consecutive years, with $24.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Expenses rose 372.13% year-over-year to $24.5 million in Q2 2026; TTM through Jun 2026 was $59.3 million, a 442.54% increase from a year earlier, with the FY2026 full-year figure at $59.3 million, up 436.45% from the prior year.
  • Interest Expenses was $24.5 million for Q2 2026 at Iren, up from $14.8 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $24.5 million in Q2 2026 and troughed at -$10.4 million in Q4 2022.
  • A 5-year average of $5.0 million and a median of $1.7 million in 2024 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses plunged 114.64% in 2022 and jumped 9198.04% in 2025, its largest moves.
  • Over 5 years, Interest Expenses stood at -$10.4 million in 2022, then soared by 99.71% to -$30000.0 in 2023, then surged by 5840.0% to $1.7 million in 2024, then surged by 519.51% to $10.7 million in 2025, then surged by 129.34% to $24.5 million in 2026.
  • The last three Interest Expenses figures came in at $24.5 million (Q2 2026), $14.8 million (Q1 2026), and $10.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn -
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 24.47 Mn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 51.16 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 2.69 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - 6.26 Mn
7 Cleanspark 3.51 Bn 3.30 Bn - 2.04 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn -32.47 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn 2.11 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 1.34 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.47 Mn
Mar 31, 2026 14.84 Mn
Dec 31, 2025 10.67 Mn
Sep 30, 2025 9.28 Mn
Jun 30, 2025 5.18 Mn
Mar 31, 2025 4.12 Mn
Dec 31, 2024 1.72 Mn
Sep 30, 2024 -102,000.00
Jun 30, 2024 1.00 Mn
Mar 31, 2024 -126,000.00
Dec 31, 2023 -30,000.00
Sep 30, 2023 -242,000.00
Jun 30, 2023 17.07 Mn
Mar 31, 2023 -2.31 Mn
Dec 31, 2022 -10.35 Mn
Dec 31, 2021 70.70 Mn