Operating
Operating lease liabilities
Iris Energy Operating lease liabilities increased by 1849.4% to $1.49M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1481.9%, from $94.00K to $1.49M. Over 2 years (FY 2023 to FY 2025), Operating lease liabilities shows an upward trend with a -32.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
A decrease indicates the reduction of lease obligations through payments, while an increase reflects new lease commitments.
Detailed definition
Captures the change in the present value of future lease payments for operating assets. This reflects the company's ongo...
Peer comparison
Standard metric for retail companies with large store footprints; reflects the scale of leased versus owned property.
Metric ID:
operating_increase_decrease_in_operating_lease_liabilityHistorical 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 | -$80.25K | -$80.25K | -$80.25K | -$80.25K | -$96.00K | -$96.00K | -$96.00K | -$96.00K | $918.00K | -$631.00K | $94.00K | -$527.00K | -$44.00K | -$85.00K | $1.49M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -19.6% | +0.0% | +0.0% | +0.0% | >999% | -168.7% | +114.9% | -660.6% | +91.7% | -93.2% | >999% |
| YoY Change | — | — | — | — | -19.6% | -19.6% | -19.6% | -19.6% | >999% | -557.3% | +197.9% | -449.0% | -104.8% | +86.5% | >999% |
Range-$631.00K – $1.49M
CAGR+130.3%
Avg YoY Growth+148.5%
Median YoY Growth-19.6%
Operating lease liabilities at Other Companies
Frequently Asked Questions
- What is Iris Energy's operating lease liabilities?
- Iris Energy (IREN) reported operating lease liabilities of $1.49M in Q1 2026.
- How has Iris Energy's operating lease liabilities changed year-over-year?
- Iris Energy's operating lease liabilities increased by 1481.9% year-over-year, from $94.00K to $1.49M.
- What is the long-term trend for Iris Energy's operating lease liabilities?
- Over 2 years (2023 to 2025), Iris Energy's operating lease liabilities has grown at a -32.6% compound annual growth rate (CAGR), from -$321.00K to -$146.00K.
- What does operating lease liabilities mean?
- The change in the company's total obligation for operating leases.