Iren (IREN) Market Capitalization (2021 - 2026)
Iren's (IREN) quarterly Market Capitalization came in at $34.8 billion in Q2 2026, up 362.65% year-over-year from $7.5 billion in Q2 2025, and up 48.73% quarter-over-quarter from $23.4 billion in Q1 2026.
Iren (IREN) Market Capitalization (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Market Capitalization for 6 consecutive years, with $34.8 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Market Capitalization rose 362.65% year-over-year to $34.8 billion in Q2 2026; TTM through Jun 2026 was $34.8 billion, a 362.65% increase from a year earlier, with the FY2026 full-year figure at $34.8 billion, up 362.65% from the prior year.
- Market Capitalization was $34.8 billion for Q2 2026 at Iren, up from $23.4 billion in the prior quarter.
- Over five years, Market Capitalization peaked at $34.8 billion in Q2 2026 and troughed at $68.7 million in Q4 2022.
- A 5-year average of $8.2 billion and a median of $3.1 billion in 2025 frame the typical range for Market Capitalization.
- Across the five-year window, Market Capitalization slumped 92.27% in 2022 and jumped 2008.88% in 2024, its largest moves.
- Over 5 years, Market Capitalization stood at $68.7 million in 2022, then soared by 573.58% to $462.9 million in 2023, then jumped by 994.98% to $5.1 billion in 2024, then soared by 394.77% to $25.1 billion in 2025, then surged by 38.74% to $34.8 billion in 2026.
- The last three Market Capitalization figures came in at $34.8 billion (Q2 2026), $23.4 billion (Q1 2026), and $25.1 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 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 | 7.52 Bn |
| Mar 31, 2025 | 3.14 Bn |
| Dec 31, 2024 | 5.07 Bn |
| Sep 30, 2024 | 4.76 Bn |
| Jun 30, 2024 | 6.36 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();