Operating
Impairment charges for facilities consolidation
Iris Energy Impairment charges for facilities consolidation 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 for facilities consolidation shows a downward trend with a -73.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
Frequent or large impairments suggest inefficient capital investment or a need to consolidate operations.
Detailed definition
This reflects the write-down of long-lived physical assets, such as manufacturing facilities or equipment, that are no l...
Peer comparison
Rare for stable, high-growth beverage companies; usually indicates a strategic shift in manufacturing footprint.
Metric ID:
operating_impairment_of_long_lived_assets_held_for_useHistorical 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 for facilities consolidation at Other Companies
Frequently Asked Questions
- What is Iris Energy's impairment charges for facilities consolidation?
- Iris Energy (IREN) reported impairment charges for facilities consolidation of $140.41M in Q1 2026.
- What is the long-term trend for Iris Energy's impairment charges for facilities consolidation?
- Over 2 years (2023 to 2025), Iris Energy's impairment charges for facilities consolidation has grown at a -73.8% compound annual growth rate (CAGR), from $105.17M to $7.22M.
- What does impairment charges for facilities consolidation mean?
- A reduction in the book value of physical assets that are no longer fully useful.