Other

Debt conversion inducement expense

Iris Energy Debt conversion inducement expense decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryLeverage
SignalLower is better
VolatilityVolatile
First reportedQ2 2025
Last reportedQ3 2026May 8, 2026

How to read this metric

High expenses here suggest a strategic push to deleverage the balance sheet, though it results in immediate dilution for existing shareholders.

Detailed definition

Represents the incremental cost incurred when a company offers additional incentives to encourage holders of convertible...

Peer comparison

Specific to companies with significant convertible debt instruments on their balance sheet.

Metric ID: other_induced_conversion_of_convertible_debt_expense

Historical Data

4 periods
 Q2 '25Q3 '25Q2 '26Q3 '26
Value$0.00$0.00$111.80M$0.00
QoQ Change-100.0%
Range$0.00$111.80M

Frequently Asked Questions

What is Iris Energy's debt conversion inducement expense?
Iris Energy (IREN) reported debt conversion inducement expense of $0.00 in Q1 2026.
What does debt conversion inducement expense mean?
The cost of incentivizing debt holders to swap their debt for company stock.