Growth Metrics

Iren (IREN) Invested Capital (2020 - 2026)

Iren (IREN) reported Invested Capital of $2.9 billion for Q1 2026, up 117.83% year-over-year from $1.3 billion in Q1 2025, and up 10.19% on a QoQ basis from $2.7 billion in Q4 2025.

Iren (IREN) has 7 years of Invested Capital data on file, last reported at $2.9 billion in Q1 2026.

  • Quarterly Invested Capital rose 117.83% year-over-year to $2.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 117.83% YoY) and the FY2025 annual result came in at $1.8 billion, up 65.61% from the prior year.
  • Invested Capital climbed to $2.9 billion in Q1 2026 per IREN's latest filing, from $2.7 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $2.9 billion in Q1 2026 and bottomed at $270.1 million in Q4 2022.
  • The 5-year median for Invested Capital is $1.1 billion (2024), against an average of $1.3 billion.
  • The widest annual swing landed in 2022, when Invested Capital jumped 1005.52%; it then sank 30.04% in 2023.
  • Tracing IREN's Invested Capital over 5 years: stood at $270.1 million in 2022, then soared by 41.36% to $381.8 million in 2023, then surged by 226.48% to $1.2 billion in 2024, then jumped by 113.94% to $2.7 billion in 2025, then grew by 10.19% to $2.9 billion in 2026.
  • Per Business Quant, the three latest IREN Invested Capital figures stand at $2.9 billion (Q1 2026), $2.7 billion (Q4 2025), and $2.9 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 486.95 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 122.78 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 49.23 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 9.69 Bn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 5.59 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 3.43 Bn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 12.87 Bn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 2.94 Bn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 7.31 Bn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn 1.69 Bn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 2.94 Bn
Dec 31, 2025 2.67 Bn
Sep 30, 2025 2.88 Bn
Jun 30, 2025 1.82 Bn
Mar 31, 2025 1.35 Bn
Dec 31, 2024 1.25 Bn
Sep 30, 2024 1.13 Bn
Jun 30, 2024 1.10 Bn
Mar 31, 2024 677.24 Mn
Dec 31, 2023 381.85 Mn
Jun 30, 2023 306.90 Mn
Dec 31, 2022 270.12 Mn
Jun 30, 2022 438.67 Mn
Jun 30, 2021 -48.44 Mn
Jun 30, 2020 10.78 Mn