Operating
Increase (Decrease) in Prepaid Expense and Other Assets
Iris Energy Increase (Decrease) in Prepaid Expense and Other Assets increased by 1579.3% to $18.29M in Q1 2026 compared to the prior quarter.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
An increase represents a cash outflow for future benefits, while a decrease represents the realization of previously paid expenses, effectively freeing up cash flow.
Detailed definition
This tracks changes in prepayments for goods or services that will be consumed in future periods. An increase in these a...
Peer comparison
Standard working capital metric; peers will show similar fluctuations based on their procurement and service contract cycles.
Metric ID:
operating_increase_decrease_in_prepaid_deferred_expense__313362Historical Data
13 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.65M | $1.65M | $1.65M | $1.65M | -$735.00K | -$735.00K | -$735.00K | -$735.00K | $52.47M | $22.18M | $12.65M | $1.09M | $18.29M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -144.4% | +0.0% | +0.0% | +0.0% | >999% | -57.7% | -43.0% | -91.4% | >999% |
| YoY Change | — | — | — | — | -144.4% | -144.4% | -144.4% | -144.4% | >999% | >999% | -75.9% | -95.1% | — |
Range-$735.00K – $52.47M
CAGR+122.8%
Avg YoY Growth>999%
Median YoY Growth-119.8%
Increase (Decrease) in Prepaid Expense and Other Assets at Other Companies
Frequently Asked Questions
- What is Iris Energy's increase (decrease) in prepaid expense and other assets?
- Iris Energy (IREN) reported increase (decrease) in prepaid expense and other assets of $18.29M in Q1 2026.
- What does increase (decrease) in prepaid expense and other assets mean?
- The net change in cash spent on expenses paid in advance.