Iren (IREN) Profit After Tax (2021 - 2026)
Iren's (IREN) quarterly Profit After Tax came in at -$686.0 million in Q2 2026, down 457.9% year-over-year from $191.7 million in Q2 2025, and down 169.1% quarter-over-quarter from -$254.9 million in Q1 2026.
Analysis
Iren (IREN) Profit After Tax (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Profit After Tax for 6 consecutive years, with -$686.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Profit After Tax fell 457.9% year-over-year to -$686.0 million in Q2 2026; TTM through Jun 2026 was -$711.8 million, a 798.19% decrease from a year earlier, with the FY2026 full-year figure at -$714.0 million, down 877.22% from the prior year.
- Profit After Tax was -$686.0 million for Q2 2026 at Iren, down from -$254.9 million in the prior quarter.
- Over five years, Profit After Tax peaked at $384.6 million in Q3 2025 and troughed at -$686.0 million in Q2 2026.
- A 5-year average of -$47.5 million and a median of -$16.1 million in 2025 frame the typical range for Profit After Tax.
- Across the five-year window, Profit After Tax soared 843.89% in 2025 and slumped 1479.13% in 2026, its largest moves.
- Over 5 years, Profit After Tax stood at -$144.0 million in 2022, then soared by 96.37% to -$5.2 million in 2023, then tumbled by 318.67% to -$21.9 million in 2024, then plunged by 610.01% to -$155.4 million in 2025, then plunged by 341.44% to -$686.0 million in 2026.
- The last three Profit After Tax figures came in at -$686.0 million (Q2 2026), -$254.9 million (Q1 2026), and -$155.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -83.60 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -686.03 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -189.84 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -237.17 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -611.32 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | -239.84 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -92.28 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -65.00 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -143.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -686.03 Mn |
| Mar 31, 2026 | -254.94 Mn |
| Dec 31, 2025 | -155.41 Mn |
| Sep 30, 2025 | 384.61 Mn |
| Jun 30, 2025 | 191.68 Mn |
| Mar 31, 2025 | -16.14 Mn |
| Dec 31, 2024 | -21.89 Mn |
| Sep 30, 2024 | -51.70 Mn |
| Jun 30, 2024 | -27.37 Mn |
| Mar 31, 2024 | 8.64 Mn |
| Dec 31, 2023 | -5.23 Mn |
| Sep 30, 2023 | -5.30 Mn |
| Jun 30, 2023 | -20.52 Mn |
| Mar 31, 2023 | -3.05 Mn |
| Dec 31, 2022 | -143.95 Mn |
| Jun 30, 2022 | 1.78 Mn |
| Mar 31, 2022 | -2.68 Mn |
| Dec 31, 2021 | 70.32 Mn |