Other
Impairment Of Long Lived Assets Held For Use
Iris Energy Impairment Of Long Lived Assets Held For Use increased by 342.2% to $140.41M in Q1 2026 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Impairment Of Long Lived Assets Held For Use shows a downward trend with a -73.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
Frequent or large impairment charges signal poor capital allocation, declining asset utility, or adverse changes in the industry environment.
Detailed definition
This represents a non-cash charge taken when the carrying value of a long-lived asset, such as a refinery or plant, exce...
Peer comparison
Reported by most capital-intensive firms; peers may label this as Asset Impairment or Write-downs.
Metric ID:
other_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 Of Long Lived Assets Held For Use at Other Companies
Frequently Asked Questions
- What is Iris Energy's impairment of long lived assets held for use?
- Iris Energy (IREN) reported impairment of long lived assets held for use of $140.41M in Q1 2026.
- What is the long-term trend for Iris Energy's impairment of long lived assets held for use?
- Over 2 years (2023 to 2025), Iris Energy's impairment of long lived assets held for use has grown at a -73.8% compound annual growth rate (CAGR), from $105.17M to $7.22M.
- What does impairment of long lived assets held for use mean?
- A reduction in the recorded value of assets because they are worth less than what is on the books.