Iren (IREN) Revenue (2021 - 2026)

Iren (IREN) reported Revenue of $144.8 million for Q1 2026, little changed year-over-year from $144.8 million in Q1 2025, and down 21.6% quarter-over-quarter from $184.7 million in Q4 2025.

Iren (IREN) Revenue (2021 - 2026) Analysis & Trends

Iren (IREN) has 6 years of Revenue data on file, last reported at $144.8 million in Q1 2026.

  • Revenue for Q1 2026 came in at $144.8 million, changed 0.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $757.1 million (up 104.01% YoY), and the FY2025 annual result was $501.0 million, up 167.65% from the prior year.
  • Revenue declined to $144.8 million in Q1 2026 per IREN's latest filing, from $184.7 million in the prior quarter.
  • Over five years, Revenue peaked at $240.3 million in Q3 2025 and troughed at $11.3 million in Q1 2023.
  • A 5-year average of $88.7 million and a median of $53.4 million in 2024 frame the typical range for Revenue.
  • The sharpest annual moves came in 2022 and 2024: Revenue slumped 31.73% in 2022, then soared 371.29% in 2024.
  • A 5-year view of Revenue shows it stood at $13.8 million in 2022, then jumped by 205.69% to $42.0 million in 2023, then soared by 176.22% to $116.1 million in 2024, then surged by 59.02% to $184.7 million in 2025, then retreated by 21.6% to $144.8 million in 2026.
  • Business Quant data shows IREN's Revenue at $144.8 million in Q1 2026, $184.7 million in Q4 2025, and $240.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 20.58 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 17.23 Bn
4 Schwab Charles 160.31 Bn 115.33 Bn - 6.48 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 1.07 Bn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 1.67 Bn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 4.94 Bn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 617.76 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 144.80 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 41.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 144.80 Mn
Dec 31, 2025 184.69 Mn
Sep 30, 2025 240.30 Mn
Jun 30, 2025 187.29 Mn
Mar 31, 2025 144.82 Mn
Dec 31, 2024 116.14 Mn
Sep 30, 2024 52.76 Mn
Jun 30, 2024 57.37 Mn
Mar 31, 2024 53.38 Mn
Dec 31, 2023 42.05 Mn
Sep 30, 2023 34.40 Mn
Jun 30, 2023 34.22 Mn
Mar 31, 2023 11.33 Mn
Dec 31, 2022 13.76 Mn
Jun 30, 2022 13.47 Mn
Dec 31, 2021 20.15 Mn