Iren (IREN) Invested Capital (2020 - 2026)

Iren (IREN) posted quarterly Invested Capital of $274.3 million for Q1 2026, down 14.95% year-over-year from $322.5 million in Q1 2025, and up 75.9% quarter-over-quarter from $155.9 million in Q4 2025.

Iren (IREN) Invested Capital (2020 - 2026) Analysis & Trends

Iren (IREN) has reported Invested Capital for 7 consecutive years, with $274.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Invested Capital fell 14.95% year-over-year to $274.3 million; the TTM figure through Mar 2026 stood at $430.2 million (up 10.22% YoY), while the FY2023 annual figure was $1.4 million, up 14.29% from the prior year.
  • Invested Capital rose to $274.3 million in Q1 2026 per IREN's latest filing, from $155.9 million in the prior quarter.
  • Across five years, Invested Capital topped out at $322.5 million in Q1 2025 and bottomed at $1.3 million in Q2 2022.
  • Historically, Invested Capital has averaged $133.4 million across 5 years, with a median of $110.7 million in 2022.
  • Annual changes were most pronounced in 2025 — Invested Capital jumped 129.96% — and 2026, when it decreased 14.95%.
  • Iren's Invested Capital stood at $110.7 million in 2022, then slumped by 98.69% to $1.4 million in 2023, then surged by 4582.32% to $67.8 million in 2024, then soared by 129.96% to $155.9 million in 2025, then surged by 75.9% to $274.3 million in 2026.
  • Business Quant data shows IREN's Invested Capital at $274.3 million in Q1 2026, $155.9 million in Q4 2025, and $322.5 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 392.56 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 55.64 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 8.63 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 20.54 Bn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 274.26 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -250,000.00
8 Interactive Brokers 39.54 Bn -3.28 Bn - 32.02 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Tradeweb Markets 23.53 Bn 22.17 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 274.26 Mn
Dec 31, 2025 155.91 Mn
Mar 31, 2025 322.48 Mn
Dec 31, 2024 67.80 Mn
Jun 30, 2023 1.45 Mn
Dec 31, 2022 110.72 Mn
Jun 30, 2022 1.27 Mn
Jun 30, 2021 1.01 Mn
Jun 30, 2020 1.96 Mn