What is Iris Energy's accrued expenses?

Iris Energy (IREN) reported accrued expenses of $364.79M in Q1 2026.

What does accrued expenses mean?

Expenses the company has incurred but has not yet received a bill for or paid.

Iris Energy Accrued Expenses increased by 6.1% to $364.79M in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ4 2025

Last reportedQ3 2026May 8, 2026

A steady balance is normal, but a rapid increase could indicate rising operational costs or delays in vendor invoicing.

This represents liabilities for expenses that have been incurred but not yet invoiced or paid, such as utilities, profes...

Standard current liability found in almost all corporate balance sheets.

Metric ID: accrued_expenses

4 periods

	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Value	$42.37M	$80.94M	$343.68M	$364.79M
QoQ Change	—	+91.0%	+324.6%	+6.1%

Range$42.37M – $364.79M

Current Streak3+ quarters growth

What is Iris Energy's accrued expenses?: Iris Energy (IREN) reported accrued expenses of $364.79M in Q1 2026.
What does accrued expenses mean?: Expenses the company has incurred but has not yet received a bill for or paid.