Operating Income
Operating Income
Iris Energy Operating Income decreased by 100.6% to -$233.52M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 899.3%, from $29.22M to -$233.52M. Over 2 years (FY 2023 to FY 2025), Operating Income shows an upward trend with a -66.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
Metric ID:
operating_incomeHistorical 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 | -$39.31M | -$39.31M | -$39.31M | -$39.31M | -$6.81M | -$6.81M | -$6.81M | -$6.81M | -$47.09M | $17.31M | $29.22M | $17.89M | -$76.41M | -$116.40M | -$233.52M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +82.7% | +0.0% | +0.0% | +0.0% | -591.6% | +136.8% | +68.8% | -38.8% | -527.1% | -52.3% | -100.6% |
| YoY Change | — | — | — | — | +82.7% | +82.7% | +82.7% | +82.7% | -591.6% | +354.2% | +529.1% | +362.7% | -62.3% | -772.5% | -899.3% |
Range-$233.52M – $29.22M
CAGR+66.4%
Avg YoY Growth-68.1%
Median YoY Growth+82.7%
Current Streak4 quarters decline
Operating Income at Other Companies
Frequently Asked Questions
- What is Iris Energy's operating income?
- Iris Energy (IREN) reported operating income of -$233.52M in Q1 2026.
- How has Iris Energy's operating income changed year-over-year?
- Iris Energy's operating income decreased by 899.3% year-over-year, from $29.22M to -$233.52M.
- What is the long-term trend for Iris Energy's operating income?
- Over 2 years (2023 to 2025), Iris Energy's operating income has grown at a -66.8% compound annual growth rate (CAGR), from -$157.24M to $17.33M.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.