Iren (IREN) Net Margin (2021 - 2026)
Iren (IREN) reported Net Margin of 171.16% for Q1 2026, down 16001.0% year-over-year from N/an in Q1 2025, and down 103.41% on a QoQ basis from 84.14% in Q4 2025.
Iren (IREN) has 6 years of Net Margin data on file, last reported at 171.16% in Q1 2026.
- Quarterly Net Margin fell 16001.0% year-over-year to 171.16% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.88% (up 5408.0% YoY) and the FY2025 annual result came in at 17.35%, up 3280.0% from the prior year.
- Net Margin eased 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 1052.53% in Q4 2022.
- The 5-year median for Net Margin is 20.07% (2023), against an average of 92.42%.
- The widest annual swing landed in 2022, when Net Margin slumped 143966 bps; it then soared 103503 bps in 2023.
- Tracing IREN's Net Margin over 5 years: stood at 1052.53% in 2022, then soared by 98 bps to 17.5% in 2023, then declined by 8 bps to 18.85% in 2024, then plunged by 346 bps to 84.14% in 2025, then slumped by 103 bps to 171.16% in 2026.
- Per Business Quant, the three latest IREN Net Margin figures stand at 171.16% (Q1 2026), 84.14% (Q4 2025), and 160.06% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 26.29% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 31.36% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 36.98% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 32.80% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 16.00% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 132.82% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 7.22% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -171.16% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 37.74% |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -356.44% |
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 | -11.15% |
| Dec 31, 2024 | -18.85% |
| Sep 30, 2024 | -97.99% |
| Jun 30, 2024 | -58.38% |
| Mar 31, 2024 | 29.19% |
| Dec 31, 2023 | -17.50% |
| Sep 30, 2023 | -10.64% |
| Jun 30, 2023 | -33.84% |
| Mar 31, 2023 | -21.29% |
| Dec 31, 2022 | -1,052.53% |
| Dec 31, 2021 | 387.13% |