Iren (IREN) Tax Rate (2021 - 2026)
Iren (IREN) reported Tax Rate of 2.46% for Q1 2026, up 4783.0% year-over-year from 0.05% in Q1 2025, and down 95.44% quarter-over-quarter from 54.01% in Q4 2025.
Iren (IREN) Tax Rate (2021 - 2026) Analysis & Trends
Iren (IREN) has 6 years of Tax Rate data on file, last reported at 2.46% in Q1 2026.
- Tax Rate for Q1 2026 came in at 2.46%, up 4783.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.55% (up 1438.0% YoY), and the FY2025 annual result was 7.02%, up 2057.0% from the prior year.
- Tax Rate retreated to 2.46% in Q1 2026 per IREN's latest filing, from 54.01% in the prior quarter.
- Over five years, Tax Rate peaked at 54.01% in Q4 2025 and troughed at 69.29% in Q2 2023.
- A 5-year average of 6.13% and a median of 2.07% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 4043 bps in 2024, then soared 6993 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 0.28% in 2022, then sank by 5844 bps to 16.92% in 2023, then gained by 6 bps to 15.91% in 2024, then soared by 439 bps to 54.01% in 2025, then sank by 95 bps to 2.46% in 2026.
- Business Quant data shows IREN's Tax Rate at 2.46% in Q1 2026, 54.01% in Q4 2025, and 33.15% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 19.58 |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 13.20 |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 22.24 |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 15.82 |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 9.08 |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 26.45 |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 23.03 |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 2.46 |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 2.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.46% |
| Mar 31, 2026 | 2.46% |
| Dec 31, 2025 | 54.01% |
| Dec 31, 2025 | 54.01% |
| Sep 30, 2025 | 33.15% |
| Sep 30, 2025 | 33.15% |
| Jun 30, 2025 | -1.59% |
| Jun 30, 2025 | -1.59% |
| Mar 31, 2025 | -45.36% |
| Mar 31, 2025 | -45.36% |
| Dec 31, 2024 | -15.91% |
| Dec 31, 2024 | -15.91% |
| Sep 30, 2024 | -2.54% |
| Sep 30, 2024 | -2.54% |
| Jun 30, 2024 | -24.92% |
| Jun 30, 2024 | -24.92% |
| Mar 31, 2024 | -28.68% |
| Mar 31, 2024 | -28.68% |
| Dec 31, 2023 | -16.92% |
| Dec 31, 2023 | -16.92% |