Iren (IREN) Invested Capital (2020 - 2026)

Iren (IREN) posted quarterly Invested Capital of $2.9 billion for Q1 2026, up 117.83% YoY from $1.3 billion in Q1 2025, and up 10.19% sequentially from $2.7 billion in Q4 2025.

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

Iren has disclosed Invested Capital across 7 years of filings, most recently posting $2.9 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 117.83% year-over-year to $2.9 billion; the TTM figure through Mar 2026 stood at $2.9 billion (up 117.83% YoY), while the FY2025 annual figure was $1.8 billion, up 65.61% from the prior year.
  • Invested Capital improved to $2.9 billion in Q1 2026, from $2.7 billion in the prior quarter.
  • Over the last five years, Invested Capital for IREN reached as high as $2.9 billion in Q1 2026 and fell as low as $306.9 million in Q2 2023.
  • The 5-year median for Invested Capital is $1.1 billion (2024), against an average of $1.3 billion.
  • Annual changes were most pronounced in 2022 — Invested Capital soared 1005.52% — and 2023, when it sank 30.04%.
  • A 5-year view of Invested Capital shows it stood at $380.8 million in 2022, then gained by 0.26% to $381.8 million in 2023, then jumped by 226.48% to $1.2 billion in 2024, then soared by 113.94% to $2.7 billion in 2025, then rose by 10.19% to $2.9 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $2.9 billion, $2.7 billion, and $2.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 486.95 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 122.78 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 49.23 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 6.75 Bn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.69 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 12.87 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 7.31 Bn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 3.43 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.94 Bn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 1.78 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 380.84 Mn
Jun 30, 2022 438.67 Mn
Jun 30, 2021 -48.44 Mn
Jun 30, 2020 10.78 Mn