Growth Metrics

Iren (IREN) Net Income (2021 - 2026)

Iren (IREN) reported Net Income of -$247.8 million for Q1 2026, down 1435.1% year-over-year from $18.6 million in Q1 2025, and down 59.47% on a QoQ basis from -$155.4 million in Q4 2025.

Iren (IREN) has 6 years of Net Income data on file, last reported at -$247.8 million in Q1 2026.

  • Quarterly Net Income fell 1435.1% year-over-year to -$247.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $158.1 million (up 228.27% YoY) and the FY2025 annual result came in at $86.9 million, up 400.63% from the prior year.
  • Net Income slipped to -$247.8 million in Q1 2026 per IREN's latest filing, from -$155.4 million in the prior quarter.
  • Across five years, Net Income topped out at $384.6 million in Q3 2025 and bottomed at -$247.8 million in Q1 2026.
  • The 5-year median for Net Income is -$13.9 million (2023), against an average of -$8.5 million.
  • The widest annual swing landed in 2025, when Net Income surged 843.89%; it then sank 1435.1% in 2026.
  • Tracing IREN's Net Income over 5 years: stood at -$144.8 million in 2022, then jumped 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.
  • Per Business Quant, the three latest IREN Net Income figures stand at -$247.8 million (Q1 2026), -$155.4 million (Q4 2025), and $384.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 5.64 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 5.63 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 2.48 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 346.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 1.17 Bn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 55.29 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 356.40 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -247.83 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 233.17 Mn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn -253.14 Mn

Historic Data

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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
Dec 31, 2021 78.00 Mn