Products & Services · Electricity
AI Cloud Services — Electricity
Iris Energy AI Cloud Services — Electricity increased by 103.0% to $1.61M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1731.8%, from $88.00K to $1.61M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
An increase relative to revenue may signal rising energy prices or lower energy efficiency in the compute infrastructure.
Detailed definition
This metric tracks the specific energy costs required to power the hardware and cooling systems dedicated to AI cloud co...
Peer comparison
Commonly reported by data center operators and cloud infrastructure providers as a primary operating expense.
Metric ID:
iren_segment_ai_cloud_services_electricityHistorical Data
15 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $10.50K | $10.50K | $10.50K | $10.50K | $38.00K | $59.00K | $88.00K | $65.00K | $109.00K | $794.00K | $1.61M |
| QoQ Change | — | — | — | — | — | +0.0% | +0.0% | +0.0% | +261.9% | +55.3% | +49.2% | -26.1% | +67.7% | +628.4% | +103.0% |
| YoY Change | — | — | — | — | — | — | — | — | +261.9% | +461.9% | +738.1% | +519.0% | +186.8% | >999% | >999% |
Range$0.00 – $1.61M
Avg YoY Growth+735.1%
Median YoY Growth+519.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Iris Energy's ai cloud services — electricity?
- Iris Energy (IREN) reported ai cloud services — electricity of $1.61M in Q1 2026.
- How has Iris Energy's ai cloud services — electricity changed year-over-year?
- Iris Energy's ai cloud services — electricity increased by 1731.8% year-over-year, from $88.00K to $1.61M.
- What does ai cloud services — electricity mean?
- The total cost of electricity used to power the AI cloud computing hardware.