Iren (IREN) Tax Provisions (2021 - 2026)
Iren (IREN) posted quarterly 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% quarter-over-quarter from -$182.5 million in Q4 2025.
Iren (IREN) Tax Provisions (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Tax Provisions for 6 consecutive years, with -$6.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 224.24% year-over-year to -$6.3 million; the TTM figure through Mar 2026 stood at -$857000.0 (down 108.97% YoY), while the FY2025 annual figure was $6.6 million, up 89.98% from the prior year.
- Tax Provisions climbed 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.
- Historically, Tax Provisions has averaged $848071.4 across 5 years, with a median of $273000.0 in 2023.
- On a YoY basis, Tax Provisions climbed as much as 14774.18% in 2025 and fell as far as 6173.88% in 2025.
- Iren's Tax Provisions stood at -$411000.0 in 2022, then sank by 159.12% to -$1.1 million in 2023, then soared by 382.16% to $3.0 million in 2024, then tumbled by 6173.88% to -$182.5 million in 2025, then jumped by 96.57% to -$6.3 million in 2026.
- Business Quant data shows IREN's Tax Provisions at -$6.3 million in Q1 2026, -$182.5 million in Q4 2025, and $190.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 869.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 136.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 118.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 136.24 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 63.50 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.10 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -84.25 Mn |
| 10 | Iren | 13.30 Bn | 11.09 Bn | 104.86 Mn | -6.26 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 | 225,000.00 |
| Mar 31, 2024 | 3.47 Mn |
| Dec 31, 2023 | -1.07 Mn |
| Sep 30, 2023 | 821,000.00 |
| Jun 30, 2023 | 41,000.00 |
| Mar 31, 2023 | 321,000.00 |
| Dec 31, 2022 | -411,000.00 |
| Dec 31, 2021 | 3.15 Mn |