Iren (IREN) Operating Income (2021 - 2026)

Iren (IREN) reported Operating Income of -$233.5 million for Q1 2026, down 899.33% year-over-year from $29.2 million in Q1 2025, and down 100.62% quarter-over-quarter from -$116.4 million in Q4 2025.

Iren (IREN) Operating Income (2021 - 2026) Analysis & Trends

Iren (IREN) has 6 years of Operating Income data on file, last reported at -$233.5 million in Q1 2026.

  • Operating Income for Q1 2026 came in at -$233.5 million, down 899.33% year-over-year; the trailing twelve-month figure through Mar 2026 was -$408.4 million (down 1589.11% YoY), and the FY2025 annual result was $17.3 million, up 163.62% from the prior year.
  • Operating Income fell to -$233.5 million in Q1 2026 per IREN's latest filing, from -$116.4 million in the prior quarter.
  • Over five years, Operating Income peaked at $29.2 million in Q1 2025 and troughed at -$233.5 million in Q1 2026.
  • A 5-year average of -$41.6 million and a median of -$10.2 million in 2023 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2024: Operating Income tumbled 2403.0% in 2022, then surged 879.38% in 2024.
  • A 5-year view of Operating Income shows it stood at -$128.0 million in 2022, then jumped by 98.27% to -$2.2 million in 2023, then surged by 879.38% to $17.3 million in 2024, then plunged by 772.46% to -$116.4 million in 2025, then tumbled by 100.62% to -$233.5 million in 2026.
  • Business Quant data shows IREN's Operating Income at -$233.5 million in Q1 2026, -$116.4 million in Q4 2025, and -$76.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - -
3 Goldman Sachs 333.85 Bn -603.70 Bn - -
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 304.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 287.25 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -233.52 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 45.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -233.52 Mn
Dec 31, 2025 -116.40 Mn
Sep 30, 2025 -76.41 Mn
Jun 30, 2025 17.89 Mn
Mar 31, 2025 29.22 Mn
Dec 31, 2024 17.31 Mn
Sep 30, 2024 -47.09 Mn
Jun 30, 2024 -23.62 Mn
Mar 31, 2024 6.02 Mn
Dec 31, 2023 -2.22 Mn
Sep 30, 2023 -7.42 Mn
Jun 30, 2023 -13.03 Mn
Mar 31, 2023 -5.22 Mn
Dec 31, 2022 -128.05 Mn
Dec 31, 2021 5.56 Mn