Other

Long-term debt, net

Iris Energy Long-term debt, net increased by 0.1% to $3.69B in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2024
Last reportedQ3 2026May 8, 2026

How to read this metric

An increase indicates higher leverage and potential future dilution, while a decrease suggests debt repayment or conversion into equity.

Detailed definition

This represents the total principal amount of long-term debt obligations that are convertible into shares of the company...

Peer comparison

Common among high-growth SaaS companies to fund operations or acquisitions; peers often show varying levels based on capital structure preferences.

Metric ID: other_convertible_long_term_notes_payable

Historical Data

5 periods
 Q4 '24Q4 '25Q1 '26Q2 '26Q3 '26
Value$0.00$962.77M$964.21M$3.69B$3.69B
QoQ Change+0.1%+282.2%+0.1%
Range$0.00$3.69B
Current Streak3+ quarters growth

Long-term debt, net at Other Companies

Frequently Asked Questions

What is Iris Energy's long-term debt, net?
Iris Energy (IREN) reported long-term debt, net of $3.69B in Q1 2026.
What does long-term debt, net mean?
The total amount of long-term debt that can be converted into company stock.