Iren (IREN) Price to Sales (2021 - 2026)
Iren's (IREN) quarterly Price to Sales came in at 253.57 in Q2 2026, up 531.44% year-over-year from 40.16 in Q2 2025, and up 56.94% quarter-over-quarter from 161.58 in Q1 2026.
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Iren (IREN) Price to Sales (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Price to Sales for 6 consecutive years, with 253.57 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Sales rose 531.44% year-over-year to 253.57 in Q2 2026; TTM through Jun 2026 was 49.22, a 227.86% increase from a year earlier, with the FY2026 full-year figure at 49.22, up 227.86% from the prior year.
- Price to Sales was 253.57 for Q2 2026 at Iren, up from 161.58 in the prior quarter.
- Over five years, Price to Sales peaked at 253.57 in Q2 2026 and troughed at 5.0 in Q4 2022.
- A 5-year average of 64.07 and a median of 40.16 in 2025 frame the typical range for Price to Sales.
- Across the five-year window, Price to Sales slumped 88.68% in 2022 and soared 1190.91% in 2024, its largest moves.
- Over 5 years, Price to Sales stood at 5.0 in 2022, then soared by 120.35% to 11.01 in 2023, then soared by 296.41% to 43.65 in 2024, then jumped by 211.14% to 135.8 in 2025, then jumped by 86.73% to 253.57 in 2026.
- The last three Price to Sales figures came in at 253.57 (Q2 2026), 161.58 (Q1 2026), and 135.8 (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 | 253.57 |
| Mar 31, 2026 | 161.58 |
| Dec 31, 2025 | 135.80 |
| Sep 30, 2025 | 110.61 |
| Jun 30, 2025 | 40.16 |
| Mar 31, 2025 | 21.71 |
| Dec 31, 2024 | 43.65 |
| Sep 30, 2024 | 90.15 |
| Jun 30, 2024 | 110.92 |
| Mar 31, 2024 | 6.55 |
| Dec 31, 2023 | 11.01 |
| Sep 30, 2023 | 6.98 |
| Jun 30, 2023 | 10.84 |
| Mar 31, 2023 | 10.27 |
| Dec 31, 2022 | 5.00 |
| Jun 30, 2022 | 13.67 |
| Mar 31, 2022 | 56.77 |
| Dec 31, 2021 | 44.13 |