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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 25.46%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 31.46%
3 Schwab Charles 220.55 Bn 135.80 Bn - 36.98%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 122.40%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 42.89%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -171.16%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 16.00%
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 7.31%
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 36.98%

Historic Data

Download Data
DateValue
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%