Current Liabilities
Deferred Revenue
Iris Energy Deferred Revenue increased by 220.7% to $21.79M in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2025
Last reportedQ3 2026May 8, 2026
How to read this metric
An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.
Detailed definition
This represents payments received from customers for goods or services that have not yet been delivered or performed. It...
Peer comparison
Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.
Metric ID:
deferred_revenue_currentHistorical Data
4 periods
| Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|
| Value | $884.00K | $1.11M | $6.79M | $21.79M |
| QoQ Change | — | +25.2% | +513.7% | +220.7% |
Range$884.00K – $21.79M
Current Streak3+ quarters growth
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Iris Energy's deferred revenue?
- Iris Energy (IREN) reported deferred revenue of $21.79M in Q1 2026.
- What does deferred revenue mean?
- Cash received from customers for work that has not yet been completed.