Products & Services · Employee benefits

AI Cloud Services — Employee benefits

Iris Energy AI Cloud Services — Employee benefits increased by 79.3% to $2.18M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1154.0%, from $174.00K to $2.18M.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
Rolls up toLabor

How to read this metric

An increase reflects investment in technical talent, while a disproportionate rise relative to revenue may indicate scaling challenges.

Detailed definition

This metric encompasses the compensation, benefits, and related costs for personnel directly involved in the operation,...

Peer comparison

Comparable to direct labor costs in technology services or managed infrastructure firms.

Metric ID: iren_segment_ai_cloud_services_employee_benefits

Historical Data

15 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$0.00$0.00$0.00$0.00$70.75K$70.75K$70.75K$70.75K$150.00K$165.00K$174.00K$335.00K$460.00K$1.22M$2.18M
QoQ Change+0.0%+0.0%+0.0%+112.0%+10.0%+5.5%+92.5%+37.3%+164.6%+79.3%
YoY Change+112.0%+133.2%+145.9%+373.5%+206.7%+637.6%>999%
Range$0.00$2.18M
Avg YoY Growth+394.7%
Median YoY Growth+206.7%
Current Streak10+ quarters growth

Frequently Asked Questions

What is Iris Energy's ai cloud services — employee benefits?
Iris Energy (IREN) reported ai cloud services — employee benefits of $2.18M in Q1 2026.
How has Iris Energy's ai cloud services — employee benefits changed year-over-year?
Iris Energy's ai cloud services — employee benefits increased by 1154.0% year-over-year, from $174.00K to $2.18M.
What does ai cloud services — employee benefits mean?
The total cost of salaries and benefits for staff dedicated to the AI cloud services segment.