Non-Current Assets
Accumulated Depreciation
Iris Energy Accumulated Depreciation increased by 28.4% to $445.62M 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
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2025
Last reportedQ3 2026May 8, 2026
Parent metricPP&E (Net)
How to read this metric
A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.
Detailed definition
This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...
Peer comparison
Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.
Metric ID:
ppe_accumulated_depreciationHistorical Data
4 periods
| Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|
| Value | $181.25M | $265.25M | $346.94M | $445.62M |
| QoQ Change | — | +46.3% | +30.8% | +28.4% |
| % of PP&E (Net) | 9.4% | 12.5% | — | — |
| Share Change | — | +3.2pp | — | — |
Range$181.25M – $445.62M
Current Streak3+ quarters growth
Accumulated Depreciation at Other Companies
Frequently Asked Questions
- What is Iris Energy's accumulated depreciation?
- Iris Energy (IREN) reported accumulated depreciation of $445.62M in Q1 2026.
- What does accumulated depreciation mean?
- The total amount of depreciation recorded against physical assets over time.