Iren (IREN) Tax Rate (2021 - 2026)

Iren (IREN) posted quarterly Tax Rate of 2.46% for Q1 2026, up 4783.0% YoY from 0.05% in Q1 2025, and down 95.44% sequentially from 54.01% in Q4 2025.

Iren (IREN) Tax Rate (2021 - 2026) Analysis & Trends

Iren has disclosed Tax Rate across 6 years of filings, most recently posting 2.46% for Q1 2026.

  • In Q1 2026, Tax Rate rose 4783.0% year-over-year to 2.46%; the TTM figure through Mar 2026 stood at 0.55% (up 1438.0% YoY), while the FY2025 annual figure was 7.02%, up 2057.0% from the prior year.
  • Tax Rate eased to 2.46% in Q1 2026, from 54.01% in the prior quarter.
  • Over the last five years, Tax Rate for IREN reached as high as 390.57% in Q2 2022 and fell as low as 69.29% in Q2 2023.
  • The 5-year median for Tax Rate is 2.07% (2025), against an average of 15.65%.
  • Annual changes were most pronounced in 2023 — Tax Rate slumped 45986 bps — and 2025, when it soared 6993 bps.
  • A 5-year view of Tax Rate shows it stood at 0.28% in 2022, then tumbled 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 tumbled by 95 bps to 2.46% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 2.46%, 54.01%, and 33.15% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 13.20%
3 Schwab Charles 167.21 Bn 122.24 Bn - 22.24%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -16.38%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 15.82%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 26.45%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 23.03%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 2.47%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.46%
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 2.73%

Historic Data

Download Data
DateValue
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%