Iren IREN
NASDAQ IREN
$43.83 +0.19 (+0.44%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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