Iris Energy Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied decreased by 92.7% to $710.27M in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
A growing backlog indicates strong future demand and revenue visibility, while a shrinking backlog may signal a slowdown in new contract wins.
This represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsat...
Highly relevant for companies with long-term government or industrial contracts; a key indicator of competitive market position.
other_revenue_remaining_performance_obligation| Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|
| Value | $195.03M | $9.70B | $710.27M |
| QoQ Change | — | >999% | -92.7% |