Iren (IREN) Tax Provisions (2021 - 2026)
Iren's (IREN) quarterly Tax Provisions came in at -$8.0 million in Q2 2026, down 193.83% year-over-year from $8.5 million in Q2 2025, and down 27.93% quarter-over-quarter from -$6.3 million in Q1 2026.
Analysis
Iren (IREN) Tax Provisions (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Tax Provisions for 6 consecutive years, with -$8.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions fell 193.83% year-over-year to -$8.0 million in Q2 2026; TTM through Jun 2026 was -$6.1 million, a 192.41% decrease from a year earlier, with the FY2026 full-year figure at -$6.1 million, down 192.42% from the prior year.
- Tax Provisions was -$8.0 million for Q2 2026 at Iren, down from -$6.3 million in the prior quarter.
- Over five years, Tax Provisions peaked at $190.7 million in Q3 2025 and troughed at -$182.5 million in Q4 2025.
- A 5-year average of $1.0 million and a median of $821000.0 in 2023 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 14774.18% in 2025, down 6173.88% in 2025.
- Over 5 years, Tax Provisions stood at $411000.0 in 2022, then plunged by 359.12% to -$1.1 million in 2023, then jumped by 382.16% to $3.0 million in 2024, then tumbled by 6173.88% to -$182.5 million in 2025, then jumped by 95.61% to -$8.0 million in 2026.
- The last three Tax Provisions figures came in at -$8.0 million (Q2 2026), -$6.3 million (Q1 2026), and -$182.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -8.01 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -31.50 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -105,000.00 |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 580,000.00 |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | -2.97 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 11.71 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 17,000.00 |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 1.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.01 Mn |
| Mar 31, 2026 | -6.26 Mn |
| Dec 31, 2025 | -182.52 Mn |
| Sep 30, 2025 | 190.69 Mn |
| Jun 30, 2025 | -2.73 Mn |
| Mar 31, 2025 | 5.04 Mn |
| Dec 31, 2024 | 3.01 Mn |
| Sep 30, 2024 | 1.28 Mn |
| Jun 30, 2024 | 6.68 Mn |
| Mar 31, 2024 | -3.47 Mn |
| Dec 31, 2023 | -1.07 Mn |
| Sep 30, 2023 | 821,000.00 |
| Jun 30, 2023 | 4.74 Mn |
| Mar 31, 2023 | -321,000.00 |
| Dec 31, 2022 | 411,000.00 |
| Jun 30, 2022 | 5.76 Mn |
| Mar 31, 2022 | 3.19 Mn |
| Dec 31, 2021 | -3.15 Mn |