Iren IREN
NASDAQ IREN
$43.83 +0.19 (+0.44%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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