Iris Energy Interest Income increased by 38.2% to $21.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1032.4%, from $1.93M to $21.80M. Over 2 years (FY 2023 to FY 2025), Interest Income shows an upward trend with a 185.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher interest income suggests a strong cash position or a favorable interest rate environment for the company's investments.
Interest income is the revenue earned from cash deposits, marketable securities, and other interest-bearing investments....
Varies based on cash management strategies; companies with large cash piles will report higher interest income than those with high debt.
interest_income| 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 | $231.00K | $231.00K | $231.00K | $231.00K | $1.46M | $1.46M | $1.46M | $1.46M | $2.29M | $1.59M | $1.93M | $1.70M | $7.13M | $15.78M | $21.80M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +531.1% | +0.0% | +0.0% | +0.0% | +57.0% | -30.7% | +21.3% | -11.5% | +318.6% | +121.3% | +38.2% |
| YoY Change | — | — | — | — | +531.1% | +531.1% | +531.1% | +531.1% | +57.0% | +8.9% | +32.1% | +16.8% | +211.4% | +894.0% | >999% |