Iren (IREN) Price to Earnings (2025 - 2026)
Iren's (IREN) quarterly Price to Earnings came in at 50.87 in Q2 2026, down 219.48% year-over-year from 42.58 in Q2 2025, and up 46.11% quarter-over-quarter from 94.4 in Q1 2026.
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Iren (IREN) Price to Earnings (2025 - 2026) Analysis & Trends
Iren (IREN) has reported Price to Earnings for 6 consecutive years, with 50.87 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Earnings fell 219.48% year-over-year to 50.87 in Q2 2026; TTM through Jun 2026 was 49.52, a 209.67% decrease from a year earlier, with the FY2026 full-year figure at 49.52, down 157.22% from the prior year.
- Price to Earnings was 50.87 for Q2 2026 at Iren, up from 94.4 in the prior quarter.
- Over five years, Price to Earnings peaked at 74849.93 in Q1 2025 and troughed at 423.38 in Q4 2024.
- A 5-year average of 4493.03 and a median of 43.01 in 2022 frame the typical range for Price to Earnings.
- Across the five-year window, Price to Earnings tumbled 793.59% in 2024 and surged 157105.8% in 2025, its largest moves.
- Over 5 years, Price to Earnings stood at 4.87 in 2022, then jumped by 1153.38% to 61.04 in 2023, then plunged by 793.59% to 423.38 in 2024, then jumped by 61.88% to 161.39 in 2025, then jumped by 68.48% to 50.87 in 2026.
- The last three Price to Earnings figures came in at 50.87 (Q2 2026), 94.4 (Q1 2026), and 161.39 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 148.02 |
| Dec 31, 2025 | 64.35 |
| Sep 30, 2025 | 50.79 |
| Jun 30, 2025 | 86.51 |
API Access
Iren Price to Earnings 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=price-to-earnings&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();