Iren (IREN) Invested Capital (2020 - 2026)
Iren's (IREN) quarterly Invested Capital came in at $11.9 billion in Q2 2026, up 329.74% year-over-year from $2.8 billion in Q2 2025, and up 329.74% quarter-over-quarter from $2.8 billion in Q2 2025.
Analysis
Iren (IREN) Invested Capital (2020 - 2026) Analysis & Trends
Iren (IREN) has reported Invested Capital for 6 consecutive years, with $11.9 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 329.74% year-over-year to $11.9 billion in Q2 2026; TTM through Jun 2026 was $11.9 billion, a 329.74% increase from a year earlier, with the FY2026 full-year figure at $11.9 billion, up 329.74% from the prior year.
- Invested Capital was $11.9 billion for Q2 2026 at Iren, up from $2.8 billion in the prior quarter.
- Over five years, Invested Capital peaked at $11.9 billion in Q2 2026 and troughed at $382.1 million in Q4 2022.
- A 4-year average of $2.8 billion and a median of $1.3 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital surged 1487.74% in 2022 and soared 153.33% in 2025, its largest moves.
- Over 4 years, Invested Capital stood at $382.1 million in 2022, then soared by 244.0% to $1.3 billion in 2024, then soared by 111.52% to $2.8 billion in 2025, then soared by 329.74% to $11.9 billion in 2026.
- The last three Invested Capital figures came in at $11.9 billion (Q2 2026), $2.8 billion (Q2 2025), and $1.4 billion (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (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 | 11.95 Bn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 9.39 Bn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 3.04 Bn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | 14.50 Mn |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 4.09 Bn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 2.58 Bn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 2.31 Bn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 1.36 Bn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 435.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.95 Bn |
| Jun 30, 2025 | 2.78 Bn |
| Mar 31, 2025 | 1.37 Bn |
| Dec 31, 2024 | 1.31 Bn |
| Jun 30, 2024 | 1.10 Bn |
| Dec 31, 2022 | 382.10 Mn |
| Jun 30, 2022 | 545.69 Mn |
| Jun 30, 2021 | 34.37 Mn |
| Jun 30, 2020 | 10.78 Mn |