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% quarter-over-quarter from 84.14% in Q4 2025.
Iren (IREN) Net Margin (2021 - 2026) Analysis & Trends
Iren (IREN) has 6 years of Net Margin data on file, last reported at 171.16% in Q1 2026.
- Net Margin for Q1 2026 came in at 171.16%, down 16001.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.88% (up 5408.0% YoY), and the FY2025 annual result was 17.35%, up 3280.0% from the prior year.
- Net Margin slipped to 171.16% in Q1 2026 per IREN's latest filing, from 84.14% in the prior quarter.
- Over five years, Net Margin peaked at 160.06% in Q3 2025 and troughed at 1052.53% in Q4 2022.
- A 5-year average of 92.42% and a median of 20.07% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin plunged 143966 bps in 2022, then surged 103503 bps in 2023.
- A 5-year view of Net Margin shows it stood at 1052.53% in 2022, then surged by 98 bps to 17.5% in 2023, then retreated by 8 bps to 18.85% in 2024, then slumped by 346 bps to 84.14% in 2025, then plunged 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 26.29% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 31.36% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 36.98% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 32.80% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 16.00% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 7.22% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 37.74% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -171.16% |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 132.82% |
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% |