Growth Metrics

Iren (IREN) Shares Outstanding (Diluted Average) (2022 - 2026)

Iren (IREN) reported Shares Outstanding (Diluted Average) of $300.4 million for Q1 2026, up 37.37% year-over-year from $218.7 million in Q1 2025, and down 14.14% on a QoQ basis from $349.8 million in Q4 2025.

Iren (IREN) has 5 years of Shares Outstanding (Diluted Average) data on file, last reported at $300.4 million in Q1 2026.

  • Quarterly Shares Outstanding (Diluted Average) rose 37.37% year-over-year to $300.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $300.4 million (up 37.37% YoY) and the FY2025 annual result came in at $223.2 million, up 124.05% from the prior year.
  • Shares Outstanding (Diluted Average) eased to $300.4 million in Q1 2026 per IREN's latest filing, from $349.8 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $361.7 million in Q3 2025 and bottomed at $0.8 in Q3 2023.
  • The 5-year median for Shares Outstanding (Diluted Average) is $189.3 million (2024), against an average of $154.5 million.
  • The widest annual swing landed in 2023, when Shares Outstanding (Diluted Average) tumbled 99.95%; it then jumped 23657805775.0% in 2024.
  • Tracing IREN's Shares Outstanding (Diluted Average) over 5 years: stood at $3052.9 in 2022, then plunged by 99.95% to $1.5 in 2023, then soared by 14031345633.33% to $210.5 million in 2024, then jumped by 66.21% to $349.8 million in 2025, then fell by 14.14% to $300.4 million in 2026.
  • Per Business Quant, the three latest IREN Shares Outstanding (Diluted Average) figures stand at $300.4 million (Q1 2026), $349.8 million (Q4 2025), and $361.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 1.58 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 308.00 Mn
3 Schwab Charles 154.74 Bn 109.76 Bn - 1.75 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 915.04 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 266.69 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 80.45 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 300.37 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 213.32 Mn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 300.37 Mn
Dec 31, 2025 349.83 Mn
Sep 30, 2025 361.68 Mn
Jun 30, 2025 223.25 Mn
Mar 31, 2025 218.66 Mn
Dec 31, 2024 210.47 Mn
Sep 30, 2024 189.26 Mn
Jun 30, 2024 99.64 Mn
Mar 31, 2024 80.00
Dec 31, 2023 1.50
Sep 30, 2023 0.80
Jun 30, 2023 54.78 Mn
Dec 31, 2022 3,052.90