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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |