Iren (IREN) Tax Rate (2022 - 2025)
Iren (IREN) recorded Tax Rate of 1.16% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 2.72 percentage points from -1.57% a year earlier but down 1.31 percentage points from the prior quarter.
Iren (IREN) Tax Rate (2022 - 2025) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren reported Tax Rate of 0.86%, down 6.20 percentage points from FY2025.
- Annual Tax Rate has a five-year change of -1.23 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Tax Rate came in at 7.06% in FY2025 (+20.62 pp), -13.56% in FY2024 (-12.15 pp), -1.41% in FY2023 (-0.76 pp) and -0.65% in FY2022 (-2.75 pp).
- Quarterly Tax Rate has ranged from -69.29% in fiscal Q4 2023 to 390.57% in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +18.22 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 69.93 percentage points in fiscal Q2 2026, against a drop of 459.86 percentage points in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 2.46% (Q3 2026), 54.01% (Q2 2026) and 33.15% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | - |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 15.73% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 26.96% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 30.70% |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | - |
Iren Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=IREN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();