Operating

Impairment Charges

Iris Energy Impairment Charges increased by 342.2% to $140.41M in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026

How to read this metric

An increase signals potential operational issues, poor past investment decisions, or adverse market conditions for specific business units.

Detailed definition

These are non-cash charges recorded when the carrying value of an asset exceeds its fair market value. They indicate tha...

Peer comparison

Often seen during restructuring or economic downturns across industrial sectors.

Metric ID: impairment_charges_cf

Historical Data

14 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26Q2 '26Q3 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.58M$0.00$0.00$0.00$31.76M$140.41M
QoQ Change-100.0%+342.2%
YoY Change-100.0%
Range$0.00$140.41M
Avg YoY Growth-100.0%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Iris Energy's impairment charges?
Iris Energy (IREN) reported impairment charges of $140.41M in Q1 2026.
What does impairment charges mean?
A write-down of an asset's value because it is worth less than what is recorded on the balance sheet.