Operating

Gain on sale of property, plant, and equipment

Iris Energy Gain on sale of property, plant, and equipment increased by 3242.9% to $234.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 84.7%, from $1.53M to $234.00K. Over 2 years (FY 2023 to FY 2025), Gain on sale of property, plant, and equipment shows an upward trend with a -22.3% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026

How to read this metric

A large gain may indicate successful asset optimization or divestiture, but it is a non-recurring item.

Detailed definition

This reflects the accounting gain recognized from the disposal of property, plant, and equipment that exceeds the asset'...

Peer comparison

Common in industrial companies undergoing restructuring or asset portfolio optimization.

Metric ID: adi_gain_on_sale_of_ppe

Historical Data

15 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value-$1.66M-$1.66M-$1.66M-$1.66M$10.75K$10.75K$10.75K$10.75K$833.00K-$681.00K$1.53M$2.32M-$13.00K$7.00K$234.00K
QoQ Change+0.0%+0.0%+0.0%+100.6%+0.0%+0.0%+0.0%>999%-181.8%+324.1%+52.3%-100.6%+153.8%>999%
YoY Change+100.6%+100.6%+100.6%+100.6%>999%<-999%>999%>999%-101.6%+101.0%-84.7%
Range-$1.66M$2.32M
CAGR-42.8%
Avg YoY Growth>999%
Median YoY Growth+100.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Iris Energy's gain on sale of property, plant, and equipment?
Iris Energy (IREN) reported gain on sale of property, plant, and equipment of $234.00K in Q1 2026.
How has Iris Energy's gain on sale of property, plant, and equipment changed year-over-year?
Iris Energy's gain on sale of property, plant, and equipment decreased by 84.7% year-over-year, from $1.53M to $234.00K.
What is the long-term trend for Iris Energy's gain on sale of property, plant, and equipment?
Over 2 years (2023 to 2025), Iris Energy's gain on sale of property, plant, and equipment has grown at a -22.3% compound annual growth rate (CAGR), from -$6.63M to $4.00M.
What does gain on sale of property, plant, and equipment mean?
The accounting profit recorded when selling assets for more than their book value.