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Iris Energy IREN Gain (loss) on disposal of assets

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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$13.9B+214%
Enterprise value$12.08B+212%
P/E87.9×+37.0×
P/S18.4×+9.5×

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:GainLossOnSaleOfPropertyPlantEquipment.

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 itemNoteThree Months Ended March 31, 2026Three Months Ended March 31, 2025Nine Months Ended March 31, 2026Nine Months Ended March 31, 2025
Selling, general and administrative expenses4(81,750)(29,097)(320,864)(83,161)
Depreciation and amortization9(121,245)(47,311)(305,647)(117,319)
Impairment of assets9(140,411)(188,423)(6,942)
Gain (loss) on disposal of property, plant and equipment92341,5262281,678
Other operating expenses(39)(1,865)(5,507)(10,264)
Other operating income4,8263,09010,4697,820
Total operating (expenses) income(338,385)(73,657)(809,744)(208,188)
Operating (loss) income(233,523)29,215(426,331)(561)

Item 1. Financial Statements

FAQ

What is Iris Energy's gain (loss) on disposal of assets?
Iris Energy (IREN) reported gain (loss) on disposal of assets of $234K in Q1 2026.
How has Iris Energy's gain (loss) on disposal of assets changed year-over-year?
Iris Energy's gain (loss) on disposal of assets decreased by 84.7% year-over-year, from $1.53M to $234K.
What is the long-term trend for Iris Energy's gain (loss) on disposal of assets?
Over 2 years (2023 to 2025), Iris Energy's gain (loss) on disposal of assets has grown at a -22.3% compound annual growth rate (CAGR), from -$6.63M to $4M.
What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

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