Current Assets
Cash & Equivalents
Iris Energy Cash & Equivalents decreased by 32.1% to $2.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1100.7%, from $184.33M to $2.21B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ3 2026May 8, 2026
How to read this metric
Higher levels indicate strong liquidity and financial flexibility; lower levels may signal potential cash flow issues.
Detailed definition
This represents the most liquid assets held by the company, including cash on hand, demand deposits, and short-term inve...
Peer comparison
A universal metric for assessing a company's immediate financial health.
Metric ID:
cash_and_equivalentsHistorical Data
8 periods
| Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $404.60M | $98.59M | $427.27M | $184.33M | $564.53M | $1.03B | $3.26B | $2.21B |
| QoQ Change | — | -75.6% | +333.4% | -56.9% | +206.3% | +82.9% | +215.9% | -32.1% |
| YoY Change | — | — | — | — | +39.5% | +947.0% | +663.1% | >999% |
Range$98.59M – $3.26B
CAGR+164.1%
Avg YoY Growth+687.6%
Median YoY Growth+805.1%
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Iris Energy's cash & equivalents?
- Iris Energy (IREN) reported cash & equivalents of $2.21B in Q1 2026.
- How has Iris Energy's cash & equivalents changed year-over-year?
- Iris Energy's cash & equivalents increased by 1100.7% year-over-year, from $184.33M to $2.21B.
- What does cash & equivalents mean?
- Cash and highly liquid assets that can be converted to cash within 90 days.