Current Liabilities

Accrued Compensation

Iris Energy Accrued Compensation increased by 56.7% to $14.33M in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ3 2026May 8, 2026

How to read this metric

An increase often correlates with seasonal bonus accruals or headcount growth; a decrease may signal payout cycles or workforce reduction.

Detailed definition

This liability represents earned but unpaid employee wages, bonuses, and benefits at the end of the reporting period. It...

Peer comparison

Standard across all service-oriented firms; reflects compensation structure and timing.

Metric ID: accrued_compensation

Historical Data

4 periods
 Q4 '25Q1 '26Q2 '26Q3 '26
Value$1.83M$7.14M$9.15M$14.33M
QoQ Change—+289.3%+28.1%+56.7%
Range$1.83M – $14.33M
Current Streak3+ quarters growth

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Frequently Asked Questions

What is Iris Energy's accrued compensation?
Iris Energy (IREN) reported accrued compensation of $14.33M in Q1 2026.
What does accrued compensation mean?
Money the company owes to employees for work already performed but not yet paid.