Iren (IREN) Price to Earnings (2021 - 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 (2021 - 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 | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -50.87 |
| Mar 31, 2026 | -94.40 |
| Dec 31, 2025 | -161.39 |
| Sep 30, 2025 | 69.10 |
| Jun 30, 2025 | 42.58 |
| Mar 31, 2025 | 74,849.93 |
| Dec 31, 2024 | -423.38 |
| Sep 30, 2024 | 2,571.20 |
| Jun 30, 2024 | -190.01 |
| Mar 31, 2024 | -47.67 |
| Dec 31, 2023 | 61.04 |
| Sep 30, 2023 | -66.93 |
| Jun 30, 2023 | -26.06 |
| Mar 31, 2023 | -18.44 |
| Dec 31, 2022 | 4.87 |
| Jun 30, 2022 | -43.01 |
| Mar 31, 2022 | -95.14 |
| Dec 31, 2021 | -89.57 |