Current Liabilities

Customer Deposits

Iris Energy Customer Deposits increased by 210.1% to $45.17M in Q1 2026 compared to the prior quarter.

Analysis

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

How to read this metric

An increase often indicates growth in prepaid products or platform adoption, while a decrease may reflect changes in customer usage patterns.

Detailed definition

Funds held by the company on behalf of customers, typically arising from prepaid services, stored-value accounts, or adv...

Peer comparison

Standard for fintech and payment platforms that manage stored-value accounts or prepaid card programs.

Metric ID: customer_deposits

Historical Data

4 periods
 Q4 '25Q1 '26Q2 '26Q3 '26
Value$12.89M$13.10M$14.57M$45.17M
QoQ Change+1.6%+11.2%+210.1%
Range$12.89M$45.17M
Current Streak3+ quarters growth

Frequently Asked Questions

What is Iris Energy's customer deposits?
Iris Energy (IREN) reported customer deposits of $45.17M in Q1 2026.
What does customer deposits mean?
Money held by the company that belongs to its customers.