Products & Services · Total Revenue

AI Cloud Services — Total Revenue

Iris Energy AI Cloud Services — Total Revenue increased by 94.4% to $33.64M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 839.3%, from $3.58M to $33.64M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates successful scaling of the AI cloud business and growing market demand for the company's computing infrastructure.

Detailed definition

This metric represents the total gross income generated from providing high-performance computing and cloud infrastructu...

Peer comparison

Comparable to revenue from specialized cloud service providers or high-performance computing (HPC) divisions of data center operators.

Metric ID: iren_segment_ai_cloud_services_total_revenue

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$776.25K$776.25K$776.25K$776.25K$3.19M$2.66M$3.58M$6.96M$7.35M$17.30M$33.64M
QoQ Change+0.0%+0.0%+0.0%+310.8%-16.6%+34.6%+94.4%+5.5%+135.4%+94.4%
YoY Change+310.8%+242.8%+361.3%+797.0%+130.4%+550.1%+839.3%
Range$0.00$33.64M
Avg YoY Growth+461.7%
Median YoY Growth+361.3%
Current Streak5 quarters growth

Frequently Asked Questions

What is Iris Energy's ai cloud services — total revenue?
Iris Energy (IREN) reported ai cloud services — total revenue of $33.64M in Q1 2026.
How has Iris Energy's ai cloud services — total revenue changed year-over-year?
Iris Energy's ai cloud services — total revenue increased by 839.3% year-over-year, from $3.58M to $33.64M.
What does ai cloud services — total revenue mean?
The total money earned from providing AI and cloud computing services to customers.