Growth Metrics

IREN (IREN) Operating Margin: 2021-2025

Historic Operating Margin for IREN (IREN) over the last 3 years, with Sep 2025 value amounting to -31.80%.

  • IREN's Operating Margin rose 5744.00% to -31.80% in Q3 2025 from the same period last year, while for Sep 2025 it was -0.76%, marking a year-over-year increase of 3179.00%. This contributed to the annual value of 3.46% for FY2025, which is 1801.00% up from last year.
  • IREN's Operating Margin amounted to -31.80% in Q3 2025, which was down 1,475.04% from 2.31% recorded in Q2 2025.
  • In the past 5 years, IREN's Operating Margin ranged from a high of 27.40% in Q4 2024 and a low of -89.24% during Q3 2024.
  • Moreover, its 3-year median value for Operating Margin was -21.57% (2023), whereas its average is -18.33%.
  • Per our database at Business Quant, IREN's Operating Margin tumbled by 9,274bps in 2022 and then soared by 7,425bps in 2023.
  • Quarterly analysis of 5 years shows IREN's Operating Margin stood at 13.21% in 2021, then slumped by 9,274bps to -79.53% in 2022, then surged by 7,425bps to -5.28% in 2023, then soared by 3,269bps to 27.40% in 2024, then spiked by 5,744bps to -31.80% in 2025.
  • Its Operating Margin was -31.80% in Q3 2025, compared to 2.31% in Q2 2025 and 25.15% in Q1 2025.