Iren (IREN) Tax Provisions (2021 - 2026)
Iren (IREN) reported Tax Provisions of -$6.3 million for Q1 2026, down 224.24% year-over-year from $5.0 million in Q1 2025, and up 96.57% on a QoQ basis from -$182.5 million in Q4 2025.
Iren (IREN) has 6 years of Tax Provisions data on file, last reported at -$6.3 million in Q1 2026.
- Quarterly Tax Provisions fell 224.24% year-over-year to -$6.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$857000.0 (down 105.35% YoY) and the FY2025 annual result came in at $6.6 million, up 89.98% from the prior year.
- Tax Provisions grew to -$6.3 million in Q1 2026 per IREN's latest filing, from -$182.5 million in the prior quarter.
- Across five years, Tax Provisions topped out at $190.7 million in Q3 2025 and bottomed at -$182.5 million in Q4 2025.
- The 5-year median for Tax Provisions is $1.1 million (2023), against an average of $1.5 million.
- Peak annual rise in Tax Provisions reached 14774.18% in 2025, while the deepest fall reached 6173.88% in 2025.
- Tracing IREN's Tax Provisions over 5 years: stood at $411000.0 in 2022, then soared by 159.12% to $1.1 million in 2023, then soared by 182.16% to $3.0 million in 2024, then plunged by 6173.88% to -$182.5 million in 2025, then jumped by 96.57% to -$6.3 million in 2026.
- Per Business Quant, the three latest IREN Tax Provisions figures stand at -$6.3 million (Q1 2026), -$182.5 million (Q4 2025), and $190.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 709.00 Mn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 65.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 117.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 1.40 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 128.18 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -6.26 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 69.76 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -48.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.26 Mn |
| Dec 31, 2025 | -182.52 Mn |
| Sep 30, 2025 | 190.69 Mn |
| Jun 30, 2025 | -2.77 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 |
| Dec 31, 2021 | -3.15 Mn |