What are Iris Energy's total assets?

Iris Energy (IREN) holds $7.3B in total assets.

How much debt does Iris Energy have?

Iris Energy carries $399.2M in total debt against $2.7B of shareholders' equity, a debt-to-equity ratio of 0.15.

How much cash does Iris Energy have?

Iris Energy holds $2.2B in cash and equivalents.

Can Iris Energy cover its short-term obligations?

Its current ratio is 3.72 — current assets exceed current liabilities.

Where does Iris Energy's balance sheet data come from?

Every line is extracted from Iris Energy's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Iris Energy IREN Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Cash and cash equivalents	$2.21B+1,101%	$3.26B+663%	$1.03B+947%	$564.53M+39.5%	$184.33M—
Short-term investments	——	——	——	$0-100%	——
Accounts receivable, net	$69.09M—	$9.61M—	$24.14M—	$1.56M+929%	——
Prepaid expenses and other current assets	$89.96M—	$55.33M+149%	$53.28M+1.5%	$45.91M+286%	——
Income taxes receivable	$0—	$0—	$0—	$2.58M—	——
Assets held for sale	$6.49M—	$20.1M—	$0—	$0—	——
Trading assets	$0—	$0—	$681.4M—	$211.62M—	——
Derivative assets	$192M—	$215.7M—	$317.31M—	$127.86M—	——
Total current assets	$2.42B—	$3.38B—	$1.12B—	$641.17M+41.7%	——
Operating lease right-of-use assets	$301.78M—	$160.04M—	$1.43M—	$0-100%	——
Goodwill	$1.18M—	——	——	——	——
Intangible assets, net	——	$107.57M—	——	$0—	——
Deferred tax assets	$640K—	$8.06M—	$195.41M—	$7.97M+155%	——
Other non-current assets	$4.99M—	$282K—	$317K—	$486K+13.8%	——
Equity method investments	$0—	$0—	$681.4M—	$211.62M—	——
Accumulated depreciation	$445.62M—	$346.94M—	$265.25M—	$181.25M—	——
Total property and equipment, gross	$4.99B—	$3.55B—	——	$2.11B—	——
Total noncurrent assets	$4.84B—	$3.64B—	$3.14B—	$2.3B+228%	——
Total assets	$7.26B—	$7.03B—	$4.27B—	$2.94B+155%	——
Accounts payable	$97.05M—	$232.59M—	$70.94M—	$81.75M+79.7%	——
Accrued expenses	$44.11M—	$36.06M—	$50.23M—	$3.95M+194%	——
Accrued compensation	$14.33M—	$9.15M—	$7.14M—	$1.83M—	——
Deferred revenue	$21.79M—	$6.79M—	$1.11M—	$884K—	——
Current portion of long-term debt	$122.17M—	$61.85M—	——	$0—	——
Operating lease liabilities, current	$540K—	$402K—	$400K—	$404K+39.8%	——
Finance Lease Liability, Current	$122.17M—	$61.85M—	——	$0—	——
Contract liabilities	$98.6M—	$39.83M—	$22.23M—	$0-100%	——
Income taxes payable	$910K—	$752K—	$134K—	$0-100%	——
Accrued interest	$9.13M—	$2.54M—	$10.32M—	$1.55M—	——
Other current liabilities	$5.8M—	$1.91M—	$2.38M—	$0—	——
Total current liabilities	$651.36M—	$682.13M—	$203.75M—	$149.35M+192%	——
Operating lease liabilities, non-current	$2.29M—	$936K—	$1.02M—	$1.06M+3.0%	——
Finance Lease Liabilities (Total)	$274.26M—	$155.91M—	——	$0—	——
Operating Lease Liabilities (Total)	——	——	——	$1.47M+11.1%	——
Finance lease liabilities	$152.09M—	$94.06M—	——	$0—	——
Other non-current liabilities	$4.91M—	$3.78M—	$2.63M—	$234K+100%	——
Total noncurrent liabilities	$3.95B—	$3.83B—	$1.19B—	$973.49M+22,677%	——
Total liabilities	$4.6B—	$4.52B—	$1.39B—	$1.12B+1,929%	——
Additional paid-in capital	-$1.73B—	-$1.76B—	$157.67M—	$88.67M+72.9%	——
Retained earnings	-$614.79M—	-$366.96M—	-$211.56M—	-$596.17M+12.7%	——
Accumulated other comprehensive income (loss)	-$39.4M—	-$32.29M—	-$35.53M—	-$30.07M+14.1%	——
Total stockholders' equity	$2.66B+98.2%	$2.51B+102%	$2.88B+155%	$1.82B+65.6%	$1.34B—
Total liabilities and stockholders' equity	$7.26B—	$7.03B—	$4.27B—	$2.94B+155%	——
Derivatives	$0—	$0—	$2.91M—	$5.76M—	——
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)	$45.68M—	$37.79M—	——	$20.84M—	——
Prepaid expenses and other	$251.76M—	$204.15M—	$83.73M—	$78.82M—	——
Derivative Assets, Current	$0—	$0—	$2.91M—	$5.76M—	——
Derivative Assets - Fair Value	$192M—	$215.7M—	$314.4M—	$122.1M—	——
Other Receivables	$45.68M—	$37.79M—	——	$20.84M—	——
Accumulated Goodwill Impairment Losses	$0—	——	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$4.99M—	$282K—	$317K—	$486K+13.8%	——
Deposits on Licenses	$156.87M—	$138.51M—	$30.46M—	$29.85M—	——
Derivative Assets, Non-Current	$192M—	$215.7M—	$314.4M—	$122.1M—	——
Goodwill and Intangible Assets, Net	$108.8M—	——	——	$0—	——
Net Investment in Lease	$2.95M—	$1.33M—	$1.43M—	$1.46M+9.5%	——
Intangible assets — net	——	$107.57M—	——	$0—	——
Goodwill and intangible assets, net	$108.8M—	——	——	$0—	——
Investments	$0—	$0—	$681.4M—	$211.62M—	——
Operating lease right-of-use assets	$2.95M—	$1.33M—	$1.43M—	$1.46M+9.5%	——
Other non-current assets	$4.99M—	$282K—	$317K—	$486K+13.8%	——
Property, plant and equipment, net	$4.37B—	$3.17B—	——	$1.93B—	——
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	——	——	——	$0-100%	——
Operating Lease Right-of-Use Assets in Other Assets	$2.95M—	$1.33M—	$1.43M—	$1.46M+9.5%	——
Prepaid Expenses, Non-Current	$161.81M—	$148.82M—	$30.46M—	$32.92M-87.2%	——
Software and Technology Licenses, Net	$4.99M—	$282K—	$317K—	$486K+13.8%	——
Accrued Contingent Liabilities	$0—	$0—	$0—	$20M—	——
Accrued Progress Collections and Price Adjustments	$98.6M—	$39.83M—	$22.23M—	$0—	——
Other Commercial Liabilities	$364.79M—	$343.68M—	$80.94M—	$42.37M—	——
Convertible Debt - Current	$0—	$0—	$0—	——	——
Accounts payable and other current liabilities (Note 11)	$461.84M—	$576.27M—	$151.87M—	$144.12M+217%	——
Accrued Income Taxes, Current	$910K—	$752K—	$134K—	$0-100%	——
Accrued Liabilities, Current	$364.79M—	$343.68M—	$80.94M—	$42.37M—	——
Other accrued liabilities	$44.11M—	$36.06M—	$50.23M—	$3.95M+194%	——
Customer Deposits	$45.17M—	$14.57M—	$13.1M—	$12.89M—	——
Finance Lease Liability Payment Due	$307.85M—	$175.56M—	——	——	——
Finance Lease Liability - Undiscounted Excess Amount	$33.59M—	$19.65M—	——	——	——
Lease Liability Payments - 2021	$144M—	$78.4M—	——	——	——
Lease Liability Payments - Due Year Two	$98.67M—	$51.89M—	——	——	——
Lease Liability Payments - Due Year Three	$29.18M—	$10.15M—	——	——	——
Lease Liability Payments - Due Year Four	$0—	$0—	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	$36M—	$35.13M—	——	——	——
Contract Liabilities, Non-Current	$98.6M—	$39.83M—	$22.23M—	$0—	——
Convertible Debt (Non-Current)	$3.69B—	$3.69B—	$964.21M—	$962.77M—	——
Long-Term Debt - Fair Value	$3.69B—	$3.69B—	$964.21M—	$962.77M—	——
Deferred revenue, net of current portion	$98.6M—	$39.83M—	$22.23M—	$0—	——
Liability For Uncertain Tax Positions Noncurrent	$2.66M—	$2.29M—	$1.96M—	$1.45M—	——
Notes Payable - Fair Value	$3.69B—	$3.69B—	$964.21M—	$962.77M—	——
Total debt	$399.25M—	$219.11M—	$1.42M—	$1.47M+11.1%	——
Common Stock Shares Outstanding	$20.84M—	$23.4M—	$32.68M—	$34.65M—	——
Cumulative Gross Losses and Impairments	$0—	——	——	——	——
Number of Exercisable Options	$19.36M—	$21.65M—	$30.16M—	——	——
Share-Based Payment Award Options Outstanding - Number	5.5M—	5.5M—	5.6M—	7.9M—	——
Share-Based Payment - Unrecognized Cost of Nonvested Awards	$38.21M—	$40.37M—	$58.58M—	——	——
Share Repurchase Authorization Limit	$665.4M—	$665.4M—	——	——	——
Weighted Average Exercise Price of Exercisable Options	$4.29—	$4.29—	$3.60—	——	——
Weighted Average Exercise Price of Outstanding Options	$65.98—	$65.96—	$65.25—	$47.07—	——
Fair Value Measurement Disclosure	$192M—	$215.7M—	$314.4M—	$122.1M—	——
Employee benefits	$339K—	$306K—	$289K—	$234K—	——
Employee payroll tax withheld on employee stock transactions	$14.85M—	$22.47M—	$30.4M—	$566K—	——
Payroll taxes	$4.57M—	$3.48M—	$2.34M—	$0—	——
Capital expenditure commitments	$11.9B—	$8.79B—	$1.08B—	$368.81M—	——
Other Commitment	$11.9B—	$8.75B—	$1.08B—	$368.81M—	——
Contract with Customer, Liability	$120.39M—	$46.63M—	$23.34M—	$884K-65.4%	——
Payable portion per tranche, percentage	——	20%—	——	——	——
Long-term debt, net	$3.69B—	$3.69B—	$964.21M—	$962.77M—	——
Convertible Notes Payable	$3.69B—	$979.25M—	$964.21M—	$962.77M—	——
Deferred income taxes	$640K—	$8.06M—	$195.41M—	$7.97M+155%	——
Derivatives	$192M—	$215.7M—	$314.4M—	$122.1M—	——
Cost not yet recognized	$38.21M—	$40.37M—	$58.58M—	——	——
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value	$192M—	$215.7M—	$314.4M—	$122.1M—	——
Current maturities of long-term debt	$122.17M—	$61.85M—	——	$0—	——
Finance Lease Liability Payments Due	$307.85M—	$175.56M—	——	——	——
2027	$144M—	$78.4M—	——	——	——
Finance Lease Liability Payments Due Year Four	$0—	$0—	——	——	——
Finance Lease Liability Payments Due Year Three	$29.18M—	$10.15M—	——	——	——
Finance Lease Liability Payments Due Year Two	$98.67M—	$51.89M—	——	——	——
Thereafter	$0—	$0—	——	——	——
Finance Lease Liability Undiscounted Excess Amount	$33.59M—	$19.65M—	——	——	——
Percentage leased	100%—	100%—	100%—	——	——
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$290.46M—	$159.29M—	——	$0—	——
Property, plant and equipment	$301.78M—	$160.04M—	——	$0—	——
Goodwill, Gross	$1.18M—	——	——	——	——
Goodwill accumulated impairment losses	$0—	——	——	——	——
Tax receivable within other current assets	$0—	$0—	$0—	$2.58M—	——
Intangible Assets, Accumulated Amortization (Including Goodwill)	$0—	——	——	——	——
Intangible Assets, Gross (Including Goodwill)	$108.8M—	——	——	——	——
Loss Contingency Accrual	$0—	$0—	$0—	$20M—	——
Amounts payable after 12 months of balance date:	$3.42M—	$37.97M—	$0—	$0—	——
Other	$5.8M—	$1.91M—	$2.38M—	$0—	——
Prepaid expenses	$44.79M—	$40.76M—	——	$33.02M—	——
Prepaid ship and debits	$4.94M—	$5.69M—	——	$3.07M—	——
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, Impaired, Accumulated Impairment Loss	$171.5M—	$36.34M—	——	$385K—	——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	$710.27M—	$9.7B—	$195.03M—	——	——
Sale of stock, price per share (in dollars per share)	——	$41.12—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$5.51M—	$5.51M—	$5.57M—	$7.88M—	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$65.98—	$65.96—	$65.25—	$47.07—	——
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value	$19.36M—	$21.65M—	$30.16M—	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	$20.84M—	$23.4M—	$32.68M—	$34.65M—	——
Share Repurchase Program, Authorized, Amount	$665.4M—	$665.4M—	——	——	——
Remainder of Fiscal Year 2024	$36M—	$35.13M—	——	——	——
Weighted-Average Discount Rate	9.7%—	9.6%—	——	——	0%—
Weighted-Average Discount Rate - Finance Leases	$0.1—	$0.1—	——	——	$0—

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Questions, answered.

What are Iris Energy's total assets?: Iris Energy (IREN) holds $7.3B in total assets.
How much debt does Iris Energy have?: Iris Energy carries $399.2M in total debt against $2.7B of shareholders' equity, a debt-to-equity ratio of 0.15.
How much cash does Iris Energy have?: Iris Energy holds $2.2B in cash and equivalents.
Can Iris Energy cover its short-term obligations?: Its current ratio is 3.72 — current assets exceed current liabilities.
Where does Iris Energy's balance sheet data come from?: Every line is extracted from Iris Energy's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.