Products & Services · Other direct expenses
AI Cloud Services — Other direct expenses
Iris Energy AI Cloud Services — Other direct expenses increased by 109.1% to $803.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 985.1%, from $74.00K to $803.00K. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
Rolls up toOther cost of revenues (exclusive of D&A)
How to read this metric
A significant increase may indicate rising maintenance requirements or unexpected operational overhead for the cloud segment.
Detailed definition
This metric includes miscellaneous direct costs necessary for the delivery of AI cloud services that are not classified...
Peer comparison
Similar to 'other direct costs' or 'other cost of revenue' line items in technology and infrastructure service companies.
Metric ID:
iren_segment_ai_cloud_services_other_direct_expensesHistorical 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 | $13.50K | $13.50K | $13.50K | $13.50K | $44.00K | $51.00K | $74.00K | $76.00K | $159.00K | $384.00K | $803.00K |
| QoQ Change | — | — | — | — | — | +0.0% | +0.0% | +0.0% | +225.9% | +15.9% | +45.1% | +2.7% | +109.2% | +141.5% | +109.1% |
| YoY Change | — | — | — | — | — | — | — | — | +225.9% | +277.8% | +448.1% | +463.0% | +261.4% | +652.9% | +985.1% |
Range$0.00 – $803.00K
Avg YoY Growth+473.5%
Median YoY Growth+448.1%
Current Streak10+ quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Iris Energy's ai cloud services — other direct expenses?
- Iris Energy (IREN) reported ai cloud services — other direct expenses of $803.00K in Q1 2026.
- How has Iris Energy's ai cloud services — other direct expenses changed year-over-year?
- Iris Energy's ai cloud services — other direct expenses increased by 985.1% year-over-year, from $74.00K to $803.00K.
- What does ai cloud services — other direct expenses mean?
- Other miscellaneous direct costs incurred to operate the AI cloud services business.