Iren (IREN) Net Income (2021 - 2026)

Iren (IREN) posted quarterly Net Income of -$247.8 million for Q1 2026, down 1435.1% YoY from $18.6 million in Q1 2025, and down 59.47% sequentially from -$155.4 million in Q4 2025.

Iren (IREN) Net Income (2021 - 2026) Analysis & Trends

Iren has disclosed Net Income across 6 years of filings, most recently posting -$247.8 million for Q1 2026.

  • In Q1 2026, Net Income fell 1435.1% year-over-year to -$247.8 million; the TTM figure through Mar 2026 stood at $158.1 million (up 228.27% YoY), while the FY2025 annual figure was $86.9 million, up 400.63% from the prior year.
  • Net Income eased to -$247.8 million in Q1 2026, from -$155.4 million in the prior quarter.
  • Over the last five years, Net Income for IREN reached as high as $384.6 million in Q3 2025 and fell as low as -$247.8 million in Q1 2026.
  • The 5-year median for Net Income is -$10.3 million (2022), against an average of -$8.3 million.
  • Annual changes were most pronounced in 2025 — Net Income jumped 843.89% — and 2026, when it sank 1435.1%.
  • A 5-year view of Net Income shows it stood at -$144.8 million in 2022, then soared by 94.92% to -$7.4 million in 2023, then tumbled by 197.47% to -$21.9 million in 2024, then sank by 610.01% to -$155.4 million in 2025, then tumbled by 59.47% to -$247.8 million in 2026.
  • According to Business Quant data, Net Income over the past three periods registered -$247.8 million, -$155.4 million, and $384.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 5.64 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 5.63 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 2.48 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 598.55 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 346.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 356.40 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 233.17 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 55.29 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -247.83 Mn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 322.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -247.83 Mn
Dec 31, 2025 -155.41 Mn
Sep 30, 2025 384.61 Mn
Jun 30, 2025 176.68 Mn
Mar 31, 2025 -16.14 Mn
Dec 31, 2024 -21.89 Mn
Sep 30, 2024 -51.70 Mn
Jun 30, 2024 -33.49 Mn
Mar 31, 2024 15.58 Mn
Dec 31, 2023 -7.36 Mn
Sep 30, 2023 -3.66 Mn
Jun 30, 2023 -11.58 Mn
Mar 31, 2023 -2.41 Mn
Dec 31, 2022 -144.78 Mn
Jun 30, 2022 -4.28 Mn
Dec 31, 2021 76.63 Mn