Iren (IREN) Net Margin (2021 - 2026)
Iren (IREN) posted quarterly Net Margin of 171.16% for Q1 2026, down 17116.0% YoY from N/an in Q1 2025, and down 103.41% sequentially from 84.14% in Q4 2025.
Iren (IREN) Net Margin (2021 - 2026) Analysis & Trends
Iren has disclosed Net Margin across 6 years of filings, most recently posting 171.16% for Q1 2026.
- In Q1 2026, Net Margin fell 17116.0% year-over-year to 171.16%; the TTM figure through Mar 2026 stood at 20.88% (up 2998.0% YoY), while the FY2025 annual figure was 17.35%, up 3280.0% from the prior year.
- Net Margin declined to 171.16% in Q1 2026, from 84.14% in the prior quarter.
- Over the last five years, Net Margin for IREN reached as high as 160.06% in Q3 2025 and fell as low as 3056.41% in Q2 2022.
- The 5-year median for Net Margin is 0.0% (2023), against an average of 198.46%.
- Annual changes were most pronounced in 2023 — Net Margin soared 305641 bps — and 2026, when it tumbled 17116 bps.
- A 5-year view of Net Margin shows it stood at 0.0% in 2022, then plunged by 101 bps to 0.0% in 2023, then surged by 147 bps to 0.0% in 2024, then tumbled by 2000000000 bps to 84.14% in 2025, then slumped by 103 bps to 171.16% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 171.16%, 84.14%, and 160.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 26.29% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 31.36% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 36.98% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 32.80% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 7.22% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 37.74% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 132.82% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -171.16% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 1.16% |
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 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | -58.38% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.00% |
| Jun 30, 2022 | -3,056.41% |
| Dec 31, 2021 | 0.00% |