Iren IREN
NASDAQ IREN
$43.83 +0.19 (+0.44%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%