IREN Ltd IREN
NASDAQ IREN
$24.91 -0.60 (-2.35%)
At close: Oct 23, 2026 · 4:00 PM EDT

Iren (IREN) Tax Rate (2021 - 2025)

Updated

Iren (IREN) recorded Tax Rate of 1.16% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 2.72 percentage points from -1.57% a year earlier but down 1.31 percentage points from the prior quarter.

Analysis

Iren (IREN) Tax Rate (2021 - 2025) Analysis & Trends

For FY2026 (ended Jun 30, 2026), Iren reported Tax Rate of 0.86%, down 6.20 percentage points from FY2025.

  • Annual Tax Rate has a five-year change of -1.23 percentage points (FY2021 to FY2026).
  • Across earlier fiscal years, Tax Rate came in at 7.06% in FY2025 (+20.62 pp), -13.56% in FY2024 (-12.15 pp), -1.41% in FY2023 (-0.76 pp) and -0.65% in FY2022 (-2.75 pp).
  • Quarterly Tax Rate has ranged from -69.29% in fiscal Q4 2023 to 390.57% in fiscal Q4 2022 over the past five years.
  • On a year-over-year basis, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +18.22 percentage points over the last eight quarters.
  • Peak year-over-year performance for Tax Rate in the last five years was a gain of 69.93 percentage points in fiscal Q2 2026, against a drop of 459.86 percentage points in fiscal Q4 2023 at the low end.
  • Per Business Quant, the preceding three fiscal quarters came in at 2.46% (Q3 2026), 54.01% (Q2 2026) and 33.15% (Q1 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 PayPal Holdings 49.15 Bn 7.38 Bn - 15.73%
2 Block 45.94 Bn 17.20 Bn 3.17 Bn 71.11%
3 Coinbase Global 43.38 Bn 184.17 Mn - -
4 Corpay 26.82 Bn 17.02 Bn - 26.96%
5 Fiserv 26.51 Bn 23.21 Bn 2.90 Bn 20.13%
6 Global Payments 22.01 Bn 453.00 Mn 2.03 Bn -
7 Iren 18.95 Bn 6.55 Bn 103.89 Mn -
8 Guidewire Software 15.50 Bn 12.06 Bn 269.68 Mn 30.70%
9 Bitmine Immersion Technologies 12.97 Bn 10.35 Bn 40.81 Mn -
10 Jack Henry & Associates 11.40 Bn 11.30 Bn 273.85 Mn 20.40%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2025 33.15%
Mar 31, 2024 28.68%
Jun 30, 2022 390.57%
Dec 31, 2021 4.29%
API Access

Iren Tax Rate API

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