Iren (IREN) Market Capitalization (2021 - 2026)
Iren's Market Capitalization came in at $33.27 billion for fiscal Q1 2027 (quarter ended Sep 30, 2026), up 25.2% from $26.58 billion a year earlier but down 4.4% from the prior quarter.
Powered by 
Analysis
Iren (IREN) Market Capitalization (2021 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren's Market Capitalization was $34.8 billion, up 350.5% from FY2025.
- Market Capitalization has increased in each of the last four fiscal years, with a four-year compound annual growth rate of 270.7% (FY2022 to FY2026).
- Going back by fiscal year, Market Capitalization was $7.72 billion in FY2025 (+264.1%), $2.12 billion in FY2024 (+603.0%), $301.72 million in FY2023 (+63.8%) and $184.19 million in FY2022.
- The five-year range for quarterly Market Capitalization is $68.73 million (fiscal Q2 2023) to $34.8 billion (fiscal Q4 2026).
- Year-over-year, Market Capitalization has increased for four consecutive quarters, with growth averaging 411.6% over the last six quarters.
- The fastest year-over-year change in Market Capitalization over five years came in fiscal Q3 2025 (growth of 823.3%), and the weakest in fiscal Q2 2023 (a decline of 92.3%).
- Business Quant data shows IREN's Market Capitalization at $34.8 billion (Q4 2026), $23.4 billion (Q3 2026) and $25.08 billion (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 51.14 Bn | 22.87 Bn | 3.24 Bn |
| 2 | PayPal Holdings | 49.62 Bn | 8.32 Bn | - |
| 3 | Fiserv | 33.93 Bn | 31.16 Bn | 2.76 Bn |
| 4 | Coinbase Global | 33.79 Bn | -5.85 Bn | - |
| 5 | Corpay | 29.77 Bn | 18.90 Bn | - |
| 6 | Global Payments | 24.30 Bn | -237.28 Mn | 2.01 Bn |
| 7 | Iren | 14.79 Bn | -105.20 Mn | 182.00 Mn |
| 8 | Guidewire Software | 12.98 Bn | 9.54 Bn | 269.68 Mn |
| 9 | Chime Financial | 12.86 Bn | 8.55 Bn | 646.07 Mn |
| 10 | Jack Henry & Associates | 12.37 Bn | 12.28 Bn | 325.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.27 Bn |
| 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 | 7.72 Bn |
| Mar 31, 2025 | 3.23 Bn |
| Dec 31, 2024 | 5.21 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 |
API Access
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_KEYimport 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();