Operating Expenses
Impairment Charges
Iris Energy Impairment Charges increased by 342.2% to $140.41M in Q1 2026 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Impairment Charges shows a downward trend with a -73.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
An increase signals potential issues with past investments or a decline in the value of specific business units or intangible assets.
Detailed definition
Impairment charges represent the reduction in the carrying value of an asset when its fair value falls below its book va...
Peer comparison
Commonly seen during market downturns or following unsuccessful M&A activity.
Metric ID:
impairment_chargesHistorical 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 | $26.29M | $26.29M | $26.29M | $26.29M | $0.00 | $0.00 | $0.00 | $0.00 | $6.94M | $0.00 | $0.00 | $281.00K | $16.26M | $31.76M | $140.41M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -100.0% | — | — | — | — | -100.0% | — | — | >999% | +95.3% | +342.2% |
| YoY Change | — | — | — | — | -100.0% | -100.0% | -100.0% | -100.0% | — | — | — | — | +134.2% | — | — |
Range$0.00 – $140.41M
CAGR+61.4%
Avg YoY Growth-53.2%
Median YoY Growth-100.0%
Current Streak3+ quarters growth
Impairment Charges at Other Companies
Frequently Asked Questions
- What is Iris Energy's impairment charges?
- Iris Energy (IREN) reported impairment charges of $140.41M in Q1 2026.
- What is the long-term trend for Iris Energy's impairment charges?
- Over 2 years (2023 to 2025), Iris Energy's impairment charges has grown at a -73.8% compound annual growth rate (CAGR), from $105.17M to $7.22M.
- What does impairment charges mean?
- A one-time accounting charge taken when an asset's value drops significantly.