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% on a QoQ basis from -$116.4 million in Q4 2025.
Iren (IREN) has 6 years of Operating Income data on file, last reported at -$233.5 million in Q1 2026.
- Quarterly Operating Income fell 899.33% year-over-year to -$233.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$408.4 million (down 1589.11% YoY) and the FY2025 annual result came in at $17.3 million, up 163.62% from the prior year.
- Operating Income retreated to -$233.5 million in Q1 2026 per IREN's latest filing, from -$116.4 million in the prior quarter.
- Across five years, Operating Income topped out at $29.2 million in Q1 2025 and bottomed at -$233.5 million in Q1 2026.
- The 5-year median for Operating Income is -$10.2 million (2023), against an average of -$41.6 million.
- The widest annual swing landed in 2022, when Operating Income sank 2403.0%; it then soared 879.38% in 2024.
- Tracing IREN's Operating Income over 5 years: stood at -$128.0 million in 2022, then surged by 98.27% to -$2.2 million in 2023, then soared by 879.38% to $17.3 million in 2024, then slumped by 772.46% to -$116.4 million in 2025, then sank by 100.62% to -$233.5 million in 2026.
- Per Business Quant, the three latest IREN Operating Income figures stand at -$233.5 million (Q1 2026), -$116.4 million (Q4 2025), and -$76.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 304.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 45.00 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -233.52 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 287.25 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -370.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |