TTM
-238.7%
YoY change
+3.32pp
Trough year (FY2022)
-461.9%
Peak year (FY2021)
-69.7%
Latest annual
-224.9%
FCF Margin history chart for IREN (IREN) from 2020 to 2025
Latest: -224.9%
FCF Margin change chart for IREN (IREN) from 2020 to 2025
Latest: +3.32pp
FCF Margin history table for IREN (IREN) from 2020 to 2025
| FY2025 | -224.9% | +3.32pp | ||
| FY2024 | -228.2% | -82.51pp | ||
| FY2023 | -145.7% | +316.19pp | ||
| FY2022 | -461.9% | -392.22pp | ||
| FY2021 | -69.7% | +283.64pp | ||
| FY2020 | -353.3% | — |
- FY2025-224.9%+3.32pp
- FY2024-228.2%-82.51pp
- FY2023-145.7%+316.19pp
- FY2022-461.9%-392.22pp
- FY2021-69.7%+283.64pp
- FY2020-353.3%—
FCF Margin values are taken from IREN's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at IREN (IREN)
According to IREN's latest reported financial statements, the company's latest reported free cash flow margin is -238.7%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, IREN (IREN) free cash flow margin totalled -224.89% – expanded 3.3 percentage points year-over-year.
The record annual free cash flow margin stands at -69.68%, reached in 2021; the historical low of -461.90% was recorded in 2022.
IREN FCF Margin by Year
IREN FCF Margin 2025: -224.9%
In 2025, IREN reported free cash flow margin of -224.89%, expanded 3.3 percentage points from 2024.
IREN FCF Margin 2024: -228.2%
IREN free cash flow margin in 2024 was -228.21%, contracted 82.5 percentage points from 2023.
IREN FCF Margin 2023: -145.7%
2023's free cash flow margin for IREN came in at -145.70%, expanded 316.2 percentage points from 2022.
IREN FCF Margin 2022: -461.9%
IREN posted free cash flow margin of -461.90% in 2022, contracted 392.2 percentage points from 2021. This figure represents the lowest annual value in the available history.
IREN FCF Margin 2021: -69.7%
IREN free cash flow margin in 2021 was -69.68%.
See more financial history for IREN (IREN).
Sector peers by FCF Margin
Technology peers of IREN (IREN), ranked by their latest free cash flow margin
| 47.0% | |
| 43.4% | |
| 29.0% | |
| 28.6% | |
| 26.7% | |
| 22.9% | |
| 22.9% |
- 47.0%
- 43.4%
- 28.6%
- 26.7%
- 22.9%
- 22.9%
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