Non-Current Assets

Software and Technology Licenses, Net

Iris Energy Software and Technology Licenses, Net increased by 1670.9% to $4.99M in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ3 2026May 8, 2026

How to read this metric

An increase suggests ongoing investment in technology and digital capabilities, which can drive long-term operational efficiency.

Detailed definition

This represents the capitalized cost of acquired software and technology licenses, net of accumulated amortization. It r...

Peer comparison

Increasingly important across the restaurant sector as companies invest in mobile apps, kiosks, and data analytics.

Metric ID: software_technology_licenses_net

Historical Data

5 periods
 Q4 '24Q4 '25Q1 '26Q2 '26Q3 '26
Value$427.00K$486.00K$317.00K$282.00K$4.99M
QoQ Change+13.8%-34.8%-11.0%>999%
YoY Change+13.8%
Range$282.00K$4.99M
CAGR>999%
Avg YoY Growth+13.8%
Median YoY Growth+13.8%

Frequently Asked Questions

What is Iris Energy's software and technology licenses, net?
Iris Energy (IREN) reported software and technology licenses, net of $4.99M in Q1 2026.
What does software and technology licenses, net mean?
The net book value of the company's software and technology licenses.