Iren (IREN) Share-based Compensation (2024 - 2026)

Iren (IREN) posted quarterly Share-based Compensation of $31.5 million for Q1 2026, up 305.24% YoY from $7.8 million in Q1 2025, and down 45.93% sequentially from $58.2 million in Q4 2025.

Iren (IREN) Share-based Compensation (2024 - 2026) Analysis & Trends

Iren has disclosed Share-based Compensation across 3 years of filings, most recently posting $31.5 million for Q1 2026.

  • In Q1 2026, Share-based Compensation rose 305.24% year-over-year to $31.5 million; the TTM figure through Mar 2026 stood at $180.8 million (changed N/A YoY), while the FY2025 annual figure was $42.6 million, up 80.41% from the prior year.
  • Share-based Compensation slipped to $31.5 million in Q1 2026, from $58.2 million in the prior quarter.
  • Over the last five years, Share-based Compensation for IREN reached as high as $72.4 million in Q3 2025 and fell as low as $7.8 million in Q1 2025.
  • The 3-year median for Share-based Compensation is $18.7 million (2025), against an average of $29.3 million.
  • Annual changes were most pronounced in 2025 — Share-based Compensation soared 784.71% — and 2026, when it soared 305.24%.
  • A 3-year view of Share-based Compensation shows it stood at $8.0 million in 2024, then jumped by 630.17% to $58.2 million in 2025, then tumbled by 45.93% to $31.5 million in 2026.
  • According to Business Quant data, Share-based Compensation over the past three periods registered $31.5 million, $58.2 million, and $72.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Stock Comp. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 571.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 2.53 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 138.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 92.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 23.06 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 25.06 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 51.80 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 31.49 Mn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 195.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 31.49 Mn
Mar 31, 2026 31.49 Mn
Dec 31, 2025 58.23 Mn
Dec 31, 2025 58.23 Mn
Sep 30, 2025 72.41 Mn
Sep 30, 2025 72.41 Mn
Jun 30, 2025 18.71 Mn
Jun 30, 2025 18.71 Mn
Mar 31, 2025 7.77 Mn
Mar 31, 2025 7.77 Mn
Dec 31, 2024 7.98 Mn
Dec 31, 2024 7.98 Mn
Sep 30, 2024 8.18 Mn
Sep 30, 2024 8.18 Mn