IREN Ltd IREN
NASDAQ IREN
$41.76 +1.11 (+2.73%)
At close: Oct 2, 2026 · 4:00 PM EDT

Iren (IREN) Tax Rate (2022 - 2025)

Updated

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.

Analysis

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 Set

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 -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2025 33.15%
Jun 30, 2022 390.57%
API Access

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