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
DateValue
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%