Iren (IREN) Price to Sales (2022 - 2026)
Iren's Price to Sales came in at 47.89 for fiscal Q1 2027 (quarter ended Sep 30, 2026), up 24.0% from 38.62 a year earlier but down 2.7% from the prior quarter.
Iren (IREN) Price to Sales (2022 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren's Price to Sales was 49.22, up 219.3% from FY2025.
- Price to Sales has increased in each of the last four fiscal years.
- Going back by fiscal year, Price to Sales was 15.42 in FY2025 (+36.0%), 11.33 in FY2024 (+183.6%), 4.00 in FY2023 (+28.1%) and 3.12 in FY2022.
- The five-year range for quarterly Price to Sales is 1.10 (fiscal Q2 2023) to 49.24 (fiscal Q4 2026).
- Year-over-year, Price to Sales has increased for ten consecutive quarters, with growth averaging 209.3% over the last eight quarters.
- The fastest year-over-year change in Price to Sales over five years came in fiscal Q2 2025 (growth of 388.2%), and the weakest in fiscal Q3 2024 (a decline of 23.2%).
- Business Quant data shows IREN's Price to Sales at 49.24 (Q4 2026), 30.91 (Q3 2026) and 33.14 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 51.14 Bn | 22.87 Bn | 3.24 Bn |
| 2 | PayPal Holdings | 49.62 Bn | 8.32 Bn | - |
| 3 | Fiserv | 33.93 Bn | 31.16 Bn | 2.76 Bn |
| 4 | Coinbase Global | 33.79 Bn | -5.85 Bn | - |
| 5 | Corpay | 29.77 Bn | 18.90 Bn | - |
| 6 | Global Payments | 24.30 Bn | -237.28 Mn | 2.01 Bn |
| 7 | Iren | 14.79 Bn | -105.20 Mn | 182.00 Mn |
| 8 | Guidewire Software | 12.98 Bn | 9.54 Bn | 269.68 Mn |
| 9 | Chime Financial | 12.86 Bn | 8.55 Bn | 646.07 Mn |
| 10 | Jack Henry & Associates | 12.37 Bn | 12.28 Bn | 325.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 47.89 |
| Jun 30, 2026 | 49.24 |
| Mar 31, 2026 | 30.91 |
| Dec 31, 2025 | 33.14 |
| Sep 30, 2025 | 38.62 |
| Jun 30, 2025 | 15.42 |
| Mar 31, 2025 | 8.73 |
| Dec 31, 2024 | 18.65 |
| Sep 30, 2024 | 8.09 |
| Jun 30, 2024 | 11.33 |
| Mar 31, 2024 | 2.20 |
| Dec 31, 2023 | 3.82 |
| Sep 30, 2023 | 2.60 |
| Jun 30, 2023 | 4.22 |
| Mar 31, 2023 | 2.86 |
| Dec 31, 2022 | 1.10 |
Iren Price to Sales 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-sales&ticker=IREN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();