Iren (IREN) Tax Rate (2021 - 2026)
Iren's (IREN) quarterly Tax Rate came in at 1.16% in Q2 2026, up 272.0% year-over-year from 0.31% in Q2 2025, and down 53.03% quarter-over-quarter from 2.46% in Q1 2026.
Analysis
Iren (IREN) Tax Rate (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Tax Rate for 6 consecutive years, with 1.16% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 272.0% year-over-year to 1.16% in Q2 2026; TTM through Jun 2026 was 0.86%, a 620.0% decrease from a year earlier, with the FY2026 full-year figure at 0.86%, down 620.0% from the prior year.
- Tax Rate was 1.16% for Q2 2026 at Iren, down from 2.46% in the prior quarter.
- Over five years, Tax Rate peaked at 390.57% in Q2 2022 and troughed at 69.29% in Q2 2023.
- A 5-year average of 14.63% and a median of 1.57% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 45986 bps in 2023 and surged 6993 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 0.28% in 2022, then soared by 6044 bps to 16.92% in 2023, then tumbled by 194 bps to 15.91% in 2024, then surged by 439 bps to 54.01% in 2025, then plunged by 98 bps to 1.16% in 2026.
- The last three Tax Rate figures came in at 1.16% (Q2 2026), 2.46% (Q1 2026), and 54.01% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 1.16% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 15.10% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 0.04% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -0.09% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 1.22% |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -11.44% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -0.03% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -1.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16% |
| Mar 31, 2026 | 2.46% |
| Dec 31, 2025 | 54.01% |
| Sep 30, 2025 | 33.15% |
| Jun 30, 2025 | -1.57% |
| Mar 31, 2025 | -45.36% |
| Dec 31, 2024 | -15.91% |
| Sep 30, 2024 | -2.54% |
| Jun 30, 2024 | -24.92% |
| Mar 31, 2024 | -28.68% |
| Dec 31, 2023 | 16.92% |
| Sep 30, 2023 | -18.33% |
| Jun 30, 2023 | -69.29% |
| Mar 31, 2023 | 11.75% |
| Dec 31, 2022 | -0.28% |
| Jun 30, 2022 | 390.57% |
| Mar 31, 2022 | -54.35% |
| Dec 31, 2021 | -4.29% |