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Iris Energy IREN Accrued Expenses

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Other financials

Income statement

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Revenue$144.8M0.0%
Gross profit$104.9M+1.9%
Operating income-$233.5M-899%
Net income-$247.8M-1,435%
EPS (diluted)-$0.74-957%

Balance sheet

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Cash & equivalents$2.2B+1,101%
Total debt$399.2M
Total equity$2.7B+98.2%
Total assets$7.3B

Cash flow

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Operating cash flow$75.3M-19.1%
CapEx$949.2M+2,548%
Free cash flow-$873.8M-1,602%

Valuation

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Market cap$13.84B+219%
Enterprise value$12.03B+218%
P/E87.6×+37.6×
P/S18.3×+9.6×

Profitability

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Gross margin68.4%+3.9pp
Operating margin-54%-56.2pp
Net margin20.9%+13.4pp
FCF margin-193%-522pp

Returns & leverage

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Return on equity7.9%
Debt / equity0.1×
Current ratio3.7×

Where this comes from

Reported directly by Iris Energy in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesCurrent.

The source filing: Iris Energy’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001878848-26-000026
Line itemNoteMarch 31,2026June 30,2025
Finance lease liability, current portion9, 14122,168
Income taxes payable, current portion20910
Deferred revenue, current portion21,790884
Other liabilities, current portion1544,1123,945
Total current liabilities651,356149,347
Non-current liabilities
Operating lease liability, less current portion142,2851,063
Finance lease liability, less current portion9, 14152,088

Item 1. Financial Statements

FAQ

What is Iris Energy's accrued expenses?
Iris Energy (IREN) reported accrued expenses of $44.11M in Q1 2026.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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