Gross Profit for IREN (IREN)
According to IREN's latest reported financial statements, the company's current gross profit (TTM) is $203.31M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
IREN
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$203.31M
YoY change
+241.6%
5Y CAGR
+207.0%
Peak year (2025)
$342.03M
Cumulative gross profit
$536.77M
Gross Profit history chart for IREN (IREN) from 2019 to 2025
Gross Profit history table for IREN (IREN) from 2019 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $342.03M | +241.6% | +$241.91M | ||
| 2024 | $100.13M | +177.4% | +$64.03M | ||
| 2023 | $36.09M | -30.0% | -$15.50M | ||
| 2022 | $51.59M | +808.7% | +$45.91M | ||
| 2021 | $5.68M | +352.7% | +$4.42M | ||
| 2020 | $1.25M | — | +$1.25M | ||
| 2019 | $0 | — | — |
Gross Profit values are taken from IREN's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of IREN (IREN) gross profit is $342.03M – surged 241.6% year-over-year.
IREN gross profit compound annual growth for the 2020–2025 (5 years) window is +207.0%, sustaining 2 straight years of year-over-year growth.
The highest annual gross profit of $342.03M was reported in 2025. The lowest in the available history was $0 in 2019.
Among 8 Financial Services peers, IREN (IREN) ranks 9th; the peer median for gross profit is $72.83B.
IREN Gross Profit by Year
IREN Gross Profit 2025: $342.03M
IREN gross profit in 2025 was $342.03M, surged 241.6% from 2024. This figure represents the highest annual value in the available history.
IREN Gross Profit 2024: $100.13M
IREN gross profit in 2024 was $100.13M, surged 177.4% from 2023.
IREN Gross Profit 2023: $36.09M
IREN gross profit in 2023 was $36.09M, plunged 30.0% below 2022.
IREN Gross Profit 2022: $51.59M
IREN gross profit in 2022 was $51.59M, surged 808.7% from 2021.
IREN Gross Profit 2021: $5.68M
IREN gross profit in 2021 was $5.68M.
See more financial history for IREN (IREN).
Sector peers — Gross Profit
Companies in the same sector as IREN, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $167.61B | Financial Services |
| Bank of America (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway (BRK-B) | $87.78B | Financial Services |
| Wells Fargo (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| Goldman Sachs (GS) | $59.40B | Financial Services |
| Visa (V) | $32.15B | Financial Services |
| Mastercard (MA) | $27.36B | Financial Services |
Frequently asked questions
What is IREN's gross profit?
Latest reported gross profit for IREN (IREN) is $203.31M (period ending March 31, 2026).
How has IREN gross profit changed year-over-year?
IREN (IREN) gross profit changed +241.6% year-over-year on the latest annual filing.
What is the long-term growth rate of IREN gross profit?
IREN (IREN) gross profit compound annual growth rate is +207.0% over the most recent 5 years available.
When did IREN gross profit hit its highest annual value?
IREN gross profit reached its highest annual value of $342.03M in 2025.
What was IREN gross profit in 2024?
IREN (IREN) gross profit in 2024 was $100.13M.
What was IREN gross profit in 2025?
IREN (IREN) gross profit in 2025 was $342.03M.
IREN Key Financials
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