Iren (IREN) Tax Rate (2021 - 2026)
Iren (IREN) posted quarterly 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 reported Tax Rate for 6 consecutive years, with 2.46% the latest figure, recorded in 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 836.0% YoY), while the FY2025 annual figure was 7.02%, up 2057.0% from the prior year.
- Tax Rate declined 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 45.36% in Q1 2025.
- Historically, Tax Rate has averaged 3.41% across 5 years, with a median of 0.72% in 2023.
- On a YoY basis, Tax Rate climbed as much as 6993 bps in 2025 and fell as far as 7404 bps in 2025.
- Iren's Tax Rate stood at 0.28% in 2022, then soared by 5844 bps to 16.92% in 2023, then tumbled by 194 bps to 15.91% in 2024, then jumped by 439 bps to 54.01% in 2025, then slumped 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 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 23.07% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 22.60% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 23.68% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 19.18% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 8.10% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 26.43% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 23.50% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 7.84% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -16.38% |
| 10 | Iren | 13.30 Bn | 11.09 Bn | 104.86 Mn | 2.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.46% |
| Mar 31, 2026 | 2.46% |
| Mar 31, 2026 | 2.46% |
| Dec 31, 2025 | 54.01% |
| Dec 31, 2025 | 54.01% |
| Dec 31, 2025 | 54.01% |
| Sep 30, 2025 | 33.15% |
| Sep 30, 2025 | 33.15% |
| Sep 30, 2025 | 33.15% |
| Jun 30, 2025 | -1.59% |
| Jun 30, 2025 | -1.59% |
| Jun 30, 2025 | -1.59% |
| Mar 31, 2025 | -45.36% |
| Mar 31, 2025 | -45.36% |
| Mar 31, 2025 | -45.36% |
| Dec 31, 2024 | -15.91% |
| Dec 31, 2024 | -15.91% |
| Dec 31, 2024 | -15.91% |
| Sep 30, 2024 | -2.54% |
| Sep 30, 2024 | -2.54% |