Iren (IREN) Net Margin (2021 - 2026)
Iren (IREN) recorded Net Margin of -498.45% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 592.78 percentage points from 94.33% a year earlier and down 327.29 percentage points from the prior quarter.
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Analysis
Iren (IREN) Net Margin (2021 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren reported Net Margin of -99.38%, down 116.73 percentage points from FY2025.
- Annual Net Margin has a five-year change of +665.24 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Net Margin came in at 17.35% in FY2025 (+32.80 pp), -15.45% in FY2024 (+212.11 pp), -227.56% in FY2023 (+483.47 pp) and -711.03% in FY2022 (+53.60 pp).
- The fiscal Q4 2026 figure is the lowest quarterly Net Margin since fiscal Q2 2023.
- On a year-over-year basis, Net Margin has declined for three consecutive quarters, with an average year-over-year change of -66.86 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 1034.12 percentage points in fiscal Q2 2024, against a drop of 1395.61 percentage points in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -171.16% (Q3 2026), -84.14% (Q2 2026) and 160.06% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.15 Bn | 7.38 Bn | - | 12.72% |
| 2 | Block | 45.94 Bn | 17.20 Bn | 3.17 Bn | 1.34% |
| 3 | Coinbase Global | 43.38 Bn | 184.17 Mn | - | -29.46% |
| 4 | Corpay | 26.82 Bn | 17.02 Bn | - | 18.55% |
| 5 | Fiserv | 26.51 Bn | 23.21 Bn | 2.90 Bn | 11.85% |
| 6 | Global Payments | 22.01 Bn | 453.00 Mn | 2.03 Bn | 0.39% |
| 7 | Iren | 18.95 Bn | 6.55 Bn | 103.89 Mn | -498.45% |
| 8 | Guidewire Software | 15.50 Bn | 12.06 Bn | 269.68 Mn | 7.64% |
| 9 | Bitmine Immersion Technologies | 12.97 Bn | 10.35 Bn | 40.81 Mn | -179.60% |
| 10 | Jack Henry & Associates | 11.40 Bn | 11.30 Bn | 273.85 Mn | 17.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -498.45% |
| 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 | -48.44% |
| Mar 31, 2024 | 15.89% |
| Dec 31, 2023 | -12.28% |
| Sep 30, 2023 | -15.41% |
| Jun 30, 2023 | -24.87% |
| Mar 31, 2023 | -18.64% |
| Dec 31, 2022 | -1,046.56% |
| Jun 30, 2022 | 13.23% |
| Mar 31, 2022 | -17.64% |
| Dec 31, 2021 | 349.05% |
API Access
Iren Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();