Iren (IREN) Market Capitalization (2021 - 2026)
Iren's Market Capitalization came in at $34.8 billion for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 362.6% from $7.52 billion a year earlier and up 48.7% from the prior quarter.
Iren (IREN) Market Capitalization (2021 - 2026) Analysis & Trends
Going back to fiscal Q2 2022, Iren's Market Capitalization data covers 18 quarters.
- Market Capitalization carries a four-year compound annual growth rate of 270.7% (FY2022 to FY2026).
- Going back by fiscal year, Market Capitalization was $7.52 billion in FY2025 (+18.2%), $6.36 billion in FY2024, $301.72 million in FY2023 (+63.8%) and $184.19 million in FY2022.
- The fiscal Q4 2026 figure represents the highest quarterly Market Capitalization in data going back to fiscal Q2 2022.
- Year-over-year, Market Capitalization has increased for seven consecutive quarters, with growth averaging 524.7% over the last seven quarters.
- The fastest year-over-year change in Market Capitalization over five years came in fiscal Q2 2025 (growth of 995.0%), and the weakest in fiscal Q2 2023 (a decline of 92.3%).
- Business Quant data shows IREN's Market Capitalization at $23.4 billion (Q3 2026), $25.08 billion (Q2 2026) and $26.58 billion (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 49.59 Bn | 7.82 Bn | - |
| 2 | Block | 47.46 Bn | 18.72 Bn | 3.17 Bn |
| 3 | Coinbase Global | 44.60 Bn | 1.41 Bn | - |
| 4 | Corpay | 27.24 Bn | 17.44 Bn | - |
| 5 | Fiserv | 27.02 Bn | 23.72 Bn | 2.90 Bn |
| 6 | Global Payments | 22.82 Bn | 1.26 Bn | 2.03 Bn |
| 7 | Iren | 19.41 Bn | 7.01 Bn | 103.89 Mn |
| 8 | Guidewire Software | 15.55 Bn | 12.12 Bn | 269.68 Mn |
| 9 | Bitmine Immersion Technologies | 13.04 Bn | 10.42 Bn | 40.81 Mn |
| 10 | Chime Financial | 11.42 Bn | 7.21 Bn | 594.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.80 Bn |
| Mar 31, 2026 | 23.40 Bn |
| Dec 31, 2025 | 25.08 Bn |
| Sep 30, 2025 | 26.58 Bn |
| Jun 30, 2025 | 3.76 Bn |
| Mar 31, 2025 | 1.36 Bn |
| Dec 31, 2024 | 2.53 Bn |
| Sep 30, 2024 | 1.66 Bn |
| Jun 30, 2024 | 2.12 Bn |
| Mar 31, 2024 | 349.64 Mn |
| Dec 31, 2023 | 462.94 Mn |
| Sep 30, 2023 | 240.21 Mn |
| Jun 30, 2023 | 301.72 Mn |
| Mar 31, 2023 | 168.25 Mn |
| Dec 31, 2022 | 68.73 Mn |
| Jun 30, 2022 | 184.19 Mn |
| Mar 31, 2022 | 861.58 Mn |
| Dec 31, 2021 | 889.07 Mn |
Iren Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=IREN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();