Investing
CapEx
Iris Energy CapEx increased by 75.9% to $949.16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2548.3%, from $35.84M to $949.16M. Over 2 years (FY 2023 to FY 2025), CapEx shows an upward trend with a 152.0% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
An increase often signals growth initiatives and capacity expansion, while a decrease may suggest cost-cutting or a shift toward asset-light strategies.
Detailed definition
This metric measures the cash outflows used to acquire, upgrade, and maintain physical assets such as property, building...
Peer comparison
Commonly compared as a percentage of revenue; capital-intensive firms like Abbott require consistent investment to remain competitive in medical technology.
Metric ID:
capital_expendituresHistorical Data
15 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.02M | $29.02M | $29.02M | $29.02M | $35.46M | $35.46M | $35.46M | $35.46M | $105.83M | $411.35M | $35.84M | $184.11M | $180.31M | $539.69M | $949.16M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +22.2% | +0.0% | +0.0% | +0.0% | +198.4% | +288.7% | -91.3% | +413.7% | -2.1% | +199.3% | +75.9% |
| YoY Change | — | — | — | — | +22.2% | +22.2% | +22.2% | +22.2% | +198.4% | >999% | +1.1% | +419.2% | +70.4% | +31.2% | >999% |
Range$29.02M – $949.16M
CAGR+170.9%
Avg YoY Growth+401.6%
Median YoY Growth+31.2%
Current Streak2 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is Iris Energy's capex?
- Iris Energy (IREN) reported capex of $949.16M in Q1 2026.
- How has Iris Energy's capex changed year-over-year?
- Iris Energy's capex increased by 2548.3% year-over-year, from $35.84M to $949.16M.
- What is the long-term trend for Iris Energy's capex?
- Over 2 years (2023 to 2025), Iris Energy's capex has grown at a 152.0% compound annual growth rate (CAGR), from $116.06M to $737.14M.
- What does capex mean?
- Cash spent on purchasing or maintaining physical assets like machinery and facilities.