Iren IREN
NASDAQ IREN
$46.68 +3.20 (+7.36%)
At close: Sep 18, 2026 · 4:00 PM EDT

Iren (IREN) Revenue (2021 - 2026)

Iren's (IREN) quarterly Revenue came in at $137.2 million in Q2 2026, down 26.73% year-over-year from $187.3 million in Q2 2025, and down 5.23% quarter-over-quarter from $144.8 million in Q1 2026.

Analysis

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

Iren (IREN) has reported Revenue for 6 consecutive years, with $137.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Revenue fell 26.73% year-over-year to $137.2 million in Q2 2026; TTM through Jun 2026 was $707.0 million, a 41.11% increase from a year earlier, with the FY2026 full-year figure at $707.0 million, up 41.11% from the prior year.
  • Revenue was $137.2 million for Q2 2026 at Iren, down from $144.8 million in the prior quarter.
  • Over five years, Revenue peaked at $240.3 million in Q3 2025 and troughed at $13.5 million in Q2 2022.
  • A 5-year average of $87.2 million and a median of $53.4 million in 2024 frame the typical range for Revenue.
  • Across the five-year window, Revenue tumbled 31.73% in 2022 and surged 355.41% in 2025, its largest moves.
  • Over 5 years, Revenue stood at $13.8 million in 2022, then soared by 205.69% to $42.0 million in 2023, then surged by 176.22% to $116.1 million in 2024, then jumped by 59.02% to $184.7 million in 2025, then retreated by 25.7% to $137.2 million in 2026.
  • The last three Revenue figures came in at $137.2 million (Q2 2026), $144.8 million (Q1 2026), and $184.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Bitmine Immersion Technologies 56.68 Bn 56.34 Bn 40.81 Mn 46.54 Mn
2 Iren 35.52 Bn 27.95 Bn 103.89 Mn 137.23 Mn
3 Hut 8 12.16 Bn 5.68 Bn 48.04 Mn 74.93 Mn
4 Riot Platforms 8.98 Bn 8.43 Bn 84.97 Mn 174.24 Mn
5 Argo Blockchain 5.95 Bn 5.95 Bn - -
6 MARA Holdings 5.06 Bn 4.70 Bn - 174.88 Mn
7 Cleanspark 3.72 Bn 3.51 Bn - -
8 Bitdeer Technologies 3.06 Bn 2.59 Bn -8.53 Mn 228.78 Mn
9 Keel Infrastructure 2.47 Bn 2.47 Bn -86.75 Mn 30.43 Mn
10 HIVE Digital Technologies 935.29 Mn 696.25 Mn -29.49 Mn 79.12 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 137.23 Mn
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 27.84 Mn
Mar 31, 2023 16.38 Mn
Dec 31, 2022 13.76 Mn
Jun 30, 2022 13.47 Mn
Mar 31, 2022 15.18 Mn
Dec 31, 2021 20.15 Mn