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% on a QoQ basis from 54.01% in Q4 2025.
Iren (IREN) has 6 years of Tax Rate data on file, last reported at 2.46% in Q1 2026.
- Quarterly Tax Rate rose 4783.0% year-over-year to 2.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.55% (up 1438.0% YoY) and the FY2025 annual result came in at 7.02%, up 2057.0% from the prior year.
- Tax Rate slipped to 2.46% in Q1 2026 per IREN's latest filing, from 54.01% in the prior quarter.
- Across five years, Tax Rate topped out at 54.01% in Q4 2025 and bottomed at 69.29% in Q2 2023.
- The 5-year median for Tax Rate is 2.07% (2025), against an average of 6.13%.
- The widest annual swing landed in 2024, when Tax Rate plunged 4043 bps; it then jumped 6993 bps in 2025.
- Tracing IREN's Tax Rate over 5 years: stood at 0.28% in 2022, then tumbled by 5844 bps to 16.92% in 2023, then increased by 6 bps to 15.91% in 2024, then jumped by 439 bps to 54.01% in 2025, then tumbled by 95 bps to 2.46% in 2026.
- Per Business Quant, the three latest IREN Tax Rate figures stand at 2.46% (Q1 2026), 54.01% (Q4 2025), and 33.15% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 13.20 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 22.24 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 15.82 |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 9.08 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 2.47 |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 26.45 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.46 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 23.03 |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 16.20 |
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 |
| Sep 30, 2023 | 18.33 |
| Sep 30, 2023 | 18.33 |
| Jun 30, 2023 | -69.29 |
| Jun 30, 2023 | -69.29 |
| Mar 31, 2023 | 11.75 |
| Mar 31, 2023 | 11.75 |
| Dec 31, 2022 | -0.28 |
| Dec 31, 2022 | -0.28 |
| Dec 31, 2021 | -4.21 |
| Dec 31, 2021 | -4.21 |