Iren (IREN) Net Cash Flow (2023 - 2026)

Iren (IREN) posted quarterly Net Cash Flow of -$1.0 billion for Q1 2026, down 331.38% YoY from $452.4 million in Q1 2025, and down 146.98% sequentially from $2.2 billion in Q4 2025.

Iren (IREN) Net Cash Flow (2023 - 2026) Analysis & Trends

Iren has disclosed Net Cash Flow across 4 years of filings, most recently posting -$1.0 billion for Q1 2026.

  • In Q1 2026, Net Cash Flow fell 331.38% year-over-year to -$1.0 billion; the TTM figure through Mar 2026 stood at $2.0 billion (up 2876.37% YoY), while the FY2025 annual figure was $160.1 million, down 52.39% from the prior year.
  • Net Cash Flow declined to -$1.0 billion in Q1 2026, from $2.2 billion in the prior quarter.
  • Over the last five years, Net Cash Flow for IREN reached as high as $2.2 billion in Q4 2025 and fell as low as -$1.0 billion in Q1 2026.
  • The 4-year median for Net Cash Flow is $36.4 million (2023), against an average of $167.3 million.
  • The widest YoY moves for Net Cash Flow: up 2664.95% in 2024, down 6107.11% in 2024.
  • A 4-year view of Net Cash Flow shows it stood at $26.0 million in 2023, then soared by 1168.45% to $330.3 million in 2024, then surged by 574.67% to $2.2 billion in 2025, then tumbled by 146.98% to -$1.0 billion in 2026.
  • According to Business Quant data, Net Cash Flow over the past three periods registered -$1.0 billion, $2.2 billion, and $467.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) NCF (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 22.76 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 16.12 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 3.62 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 1.93 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -148.79 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -145.61 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 1.78 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -1.05 Bn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn -432.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.05 Bn
Mar 31, 2026 -1.05 Bn
Dec 31, 2025 2.23 Bn
Dec 31, 2025 2.23 Bn
Sep 30, 2025 467.61 Mn
Sep 30, 2025 467.61 Mn
Jun 30, 2025 378.89 Mn
Jun 30, 2025 378.89 Mn
Mar 31, 2025 -242.65 Mn
Mar 31, 2025 -242.65 Mn
Dec 31, 2024 330.28 Mn
Dec 31, 2024 330.28 Mn
Sep 30, 2024 -306.38 Mn
Sep 30, 2024 -306.38 Mn
Jun 30, 2024 145.71 Mn
Jun 30, 2024 145.71 Mn
Mar 31, 2024 169.57 Mn
Mar 31, 2024 169.57 Mn
Dec 31, 2023 26.04 Mn
Dec 31, 2023 26.04 Mn