Non-Current Assets

Operating Lease ROU Assets

Iris Energy Operating Lease ROU Assets increased by 122.0% to $2.95M in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ3 2026May 8, 2026

How to read this metric

Increases reflect expansion of leased operational footprint or equipment, while decreases indicate lease expirations or asset depreciation.

Detailed definition

This asset represents the company's right to use a leased item, such as real estate or equipment, over the lease term. I...

Peer comparison

Standard across all companies reporting under modern lease accounting standards; reflects operational scale.

Metric ID: non_current_assets_operating_lease_right_of_use_asset

Historical Data

5 periods
 Q4 '24Q4 '25Q1 '26Q2 '26Q3 '26
Value$1.34M$1.46M$1.43M$1.33M$2.95M
QoQ Change+9.5%-2.6%-6.8%+122.0%
YoY Change+9.5%
Range$1.33M$2.95M
CAGR+120.7%
Avg YoY Growth+9.5%
Median YoY Growth+9.5%

Frequently Asked Questions

What is Iris Energy's operating lease rou assets?
Iris Energy (IREN) reported operating lease rou assets of $2.95M in Q1 2026.
What does operating lease rou assets mean?
The recorded value of the right to use leased property or equipment over the life of the lease.