Other

Contract with Customer, Liability

Iris Energy Contract with Customer, Liability increased by 158.2% to $120.39M in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2024
Last reportedQ3 2026May 8, 2026

How to read this metric

An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.

Detailed definition

This represents the obligation to transfer services to a customer for which the entity has received consideration or for...

Peer comparison

Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.

Metric ID: other_contract_with_customer_liability

Historical Data

5 periods
 Q4 '24Q4 '25Q1 '26Q2 '26Q3 '26
Value$2.56M$884.00K$23.34M$46.63M$120.39M
QoQ Change-65.4%>999%+99.8%+158.2%
YoY Change-65.4%
Range$884.00K$120.39M
CAGR>999%
Avg YoY Growth-65.4%
Median YoY Growth-65.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is Iris Energy's contract with customer, liability?
Iris Energy (IREN) reported contract with customer, liability of $120.39M in Q1 2026.
What does contract with customer, liability mean?
The value of services owed to customers for which payment has already been received.