Iren IREN
NASDAQ IREN
$44.68 +3.03 (+7.27%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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