Iren (IREN) Price to FCF (2023 - 2026)
Iren's (IREN) quarterly Price to FCF came in at 72.15 in Q2 2026, up 177.68% year-over-year from 25.98 in Q2 2025, and up 369.5% quarter-over-quarter from 26.77 in Q1 2026.
Analysis
Iren (IREN) Price to FCF (2023 - 2026) Analysis & Trends
Iren (IREN) has reported Price to FCF for 4 consecutive years, with 72.15 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to FCF rose 177.68% year-over-year to 72.15 in Q2 2026; TTM through Jun 2026 was 38.77, a 68.84% decrease from a year earlier, with the FY2026 full-year figure at 38.77, down 68.84% from the prior year.
- Price to FCF was 72.15 for Q2 2026 at Iren, up from 26.77 in the prior quarter.
- Over five years, Price to FCF peaked at 72.15 in Q2 2026 and troughed at 700.27 in Q3 2025.
- A 4-year average of 73.47 and a median of 35.06 in 2024 frame the typical range for Price to FCF.
- Across the five-year window, Price to FCF tumbled 3443.29% in 2024 and jumped 177.68% in 2026, its largest moves.
- Over 4 years, Price to FCF stood at 9.89 in 2023, then sank by 499.64% to 59.29 in 2024, then climbed by 9.61% to 53.59 in 2025, then surged by 234.65% to 72.15 in 2026.
- The last three Price to FCF figures came in at 72.15 (Q2 2026), 26.77 (Q1 2026), and 53.59 (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 | 72.15 |
| Mar 31, 2026 | -26.77 |
| Dec 31, 2025 | -53.59 |
| Sep 30, 2025 | -700.27 |
| Jun 30, 2025 | -92.88 |
| Mar 31, 2025 | -61.22 |
| Dec 31, 2024 | -59.29 |
| Sep 30, 2024 | -43.34 |
| Jun 30, 2024 | -52.68 |
| Mar 31, 2024 | 2.99 |
| Dec 31, 2023 | -9.89 |
| Sep 30, 2023 | -6.16 |
| Jun 30, 2023 | -1.49 |
| Mar 31, 2023 | 3.80 |