Iris Energy IREN Bitcoin mining — Cost of Revenue
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Where this comes from
Reported directly by Iris Energy in its filing.
Tagged under the XBRL concept us-gaap:CostOfRevenue.
The official record: Iris Energy’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Iris Energy's bitcoin mining — cost of revenue?
- Iris Energy (IREN) reported bitcoin mining — cost of revenue of $35.34M in Q1 2026.
- How has Iris Energy's bitcoin mining — cost of revenue changed year-over-year?
- Iris Energy's bitcoin mining — cost of revenue decreased by 15.1% year-over-year, from $41.62M to $35.34M.
- What is the long-term trend for Iris Energy's bitcoin mining — cost of revenue?
- Over 2 years (2023 to 2025), Iris Energy's bitcoin mining — cost of revenue has grown at a 100.0% compound annual growth rate (CAGR), from $39.42M to $157.67M.
- What does bitcoin mining — cost of revenue mean?
- This encompasses the direct costs incurred to maintain and operate the mining infrastructure required to generate Bitcoin revenue. It typically includes power consumption, hardware maintenance, and direct site-level operational expenses. Monitoring this helps assess the direct profitability of the mining segment before accounting for corporate overhead.