Bitcoin mining — Total Revenue
Iris Energy Bitcoin mining — Total Revenue decreased by 33.6% to $111.16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.3%, from $141.24M to $111.16M. Over 2 years (FY 2023 to FY 2025), Bitcoin mining — Total Revenue shows an upward trend with a 153.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher hash rate capacity or favorable network conditions, while a decrease may indicate lower network difficulty or reduced mining efficiency.
Detailed definition
This represents the total gross income generated from the operation of specialized hardware to validate transactions on...
Peer comparison
Comparable to 'Digital Asset Mining Revenue' or 'Cryptocurrency Mining Revenue' reported by other publicly traded mining firms.
iren_segment_bitcoin_mining_total_revenueHistorical 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 | $18.88M | $18.88M | $18.88M | $18.88M | $46.02M | $46.02M | $46.02M | $46.02M | $49.58M | $113.48M | $141.24M | $180.33M | $232.95M | $167.39M | $111.16M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +143.8% | +0.0% | +0.0% | +0.0% | +7.7% | +128.9% | +24.5% | +27.7% | +29.2% | -28.1% | -33.6% |
| YoY Change | — | — | — | — | +143.8% | +143.8% | +143.8% | +143.8% | +7.7% | +146.6% | +206.9% | +291.8% | +369.9% | +47.5% | -21.3% |
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Frequently Asked Questions
- What is Iris Energy's bitcoin mining — total revenue?
- Iris Energy (IREN) reported bitcoin mining — total revenue of $111.16M in Q1 2026.
- How has Iris Energy's bitcoin mining — total revenue changed year-over-year?
- Iris Energy's bitcoin mining — total revenue decreased by 21.3% year-over-year, from $141.24M to $111.16M.
- What is the long-term trend for Iris Energy's bitcoin mining — total revenue?
- Over 2 years (2023 to 2025), Iris Energy's bitcoin mining — total revenue has grown at a 153.3% compound annual growth rate (CAGR), from $75.51M to $484.63M.
- What does bitcoin mining — total revenue mean?
- The total gross revenue earned from mining Bitcoin.