Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Iren (IREN) Operating Margin (2021 - 2026)

Iren has reported Operating Margin over the past 5 years, most recently at 63.03% for Q4 2025.

  • Quarterly Operating Margin fell 7793.0% to 63.03% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 20.02% through Dec 2025, down 308.0% year-over-year, with the annual reading at 3.46% for FY2025, 1801.0% up from the prior year.
  • Operating Margin was 63.03% for Q4 2025 at Iren, down from 31.8% in the prior quarter.
  • Over five years, Operating Margin peaked at 27.6% in Q4 2021 and troughed at 930.91% in Q4 2022.
  • The 5-year median for Operating Margin is 26.68% (2025), against an average of 84.71%.
  • Year-over-year, Operating Margin crashed -95851bps in 2022 and then soared 92563bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 27.6% in 2021, then tumbled by -3473bps to 930.91% in 2022, then surged by 99bps to 5.28% in 2023, then surged by 382bps to 14.9% in 2024, then plummeted by -523bps to 63.03% in 2025.
  • Per Business Quant, the three most recent readings for IREN's Operating Margin are 63.03% (Q4 2025), 31.8% (Q3 2025), and 2.31% (Q2 2025).