Iren (IREN) Net Margin (2021 - 2026)
Iren (IREN) posted quarterly Net Margin of 171.16% for Q1 2026, down 15653.0% year-over-year from N/an in Q1 2025, and down 103.41% quarter-over-quarter from 84.14% in Q4 2025.
Iren (IREN) Net Margin (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Net Margin for 6 consecutive years, with 171.16% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 15653.0% year-over-year to 171.16%; the TTM figure through Mar 2026 stood at 20.88% (up 5451.0% YoY), while the FY2025 annual figure was 17.35%, up 3280.0% from the prior year.
- Net Margin fell to 171.16% in Q1 2026 per IREN's latest filing, from 84.14% in the prior quarter.
- Across five years, Net Margin topped out at 160.06% in Q3 2025 and bottomed at 3056.41% in Q2 2022.
- Historically, Net Margin has averaged 304.08% across 5 years, with a median of 29.01% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin plunged 137698 bps — and 2023, when it surged 254916 bps.
- Iren's Net Margin stood at 1043.57% in 2022, then jumped by 99 bps to 9.9% in 2023, then tumbled by 116 bps to 21.43% in 2024, then plunged by 293 bps to 84.14% in 2025, then sank by 103 bps to 171.16% in 2026.
- Business Quant data shows IREN's Net Margin at 171.16% in Q1 2026, 84.14% in Q4 2025, and 160.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 25.46% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 31.46% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 37.91% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 42.89% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 16.46% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 7.31% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 36.98% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 6.87% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 52.66% |
| 10 | Iren | 13.30 Bn | 11.09 Bn | 104.86 Mn | -171.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -171.16% |
| Dec 31, 2025 | -84.14% |
| Sep 30, 2025 | 160.06% |
| Jun 30, 2025 | 94.33% |
| Mar 31, 2025 | -14.63% |
| Dec 31, 2024 | -21.43% |
| Sep 30, 2024 | -97.99% |
| Jun 30, 2024 | -47.12% |
| Mar 31, 2024 | 9.68% |
| Dec 31, 2023 | -9.90% |
| Sep 30, 2023 | -28.23% |
| Jun 30, 2023 | -507.26% |
| Mar 31, 2023 | -29.79% |
| Dec 31, 2022 | -1,043.57% |
| Jun 30, 2022 | -3,056.41% |
| Mar 31, 2022 | -17.64% |
| Dec 31, 2021 | 333.41% |