Bitcoin mining — Other direct expenses
Iris Energy Bitcoin mining — Other direct expenses increased by 8.3% to $1.14M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 96.4%, from $582.00K to $1.14M. Over 2 years (FY 2023 to FY 2025), Bitcoin mining — Other direct expenses shows an upward trend with a 78.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A significant increase may indicate rising maintenance requirements or unexpected operational overhead, warranting further investigation.
Detailed definition
This category captures miscellaneous direct costs associated with the mining segment that are not classified as electric...
Peer comparison
Comparable to 'Other Direct Costs' or 'Miscellaneous Operating Expenses' in the segment reporting of peer infrastructure-focused firms.
iren_segment_bitcoin_mining_other_direct_expensesHistorical Data
| 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 | $184.50K | $184.50K | $184.50K | $184.50K | $303.25K | $303.25K | $303.25K | $303.25K | $469.00K | $460.00K | $582.00K | $837.00K | $1.10M | $1.06M | $1.14M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +64.4% | +0.0% | +0.0% | +0.0% | +54.7% | -1.9% | +26.5% | +43.8% | +31.7% | -4.3% | +8.3% |
| YoY Change | — | — | — | — | +64.4% | +64.4% | +64.4% | +64.4% | +54.7% | +51.7% | +91.9% | +176.0% | +135.0% | +129.3% | +96.4% |
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Frequently Asked Questions
- What is Iris Energy's bitcoin mining — other direct expenses?
- Iris Energy (IREN) reported bitcoin mining — other direct expenses of $1.14M in Q1 2026.
- How has Iris Energy's bitcoin mining — other direct expenses changed year-over-year?
- Iris Energy's bitcoin mining — other direct expenses increased by 96.4% year-over-year, from $582.00K to $1.14M.
- What is the long-term trend for Iris Energy's bitcoin mining — other direct expenses?
- Over 2 years (2023 to 2025), Iris Energy's bitcoin mining — other direct expenses has grown at a 78.4% compound annual growth rate (CAGR), from $738.00K to $2.35M.
- What does bitcoin mining — other direct expenses mean?
- Other miscellaneous direct costs related to mining operations.