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Iris Energy IREN Operating Lease Liabilities

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Other financials

Income statement

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Revenue$144.8M0.0%
Gross profit$104.9M+1.9%
Operating income-$233.5M-899%
Net income-$247.8M-1,435%
EPS (diluted)-$0.74-957%

Balance sheet

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Cash & equivalents$2.2B+1,101%
Total debt$399.2M
Total equity$2.7B+98.2%
Total assets$7.3B

Cash flow

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Operating cash flow$75.3M-19.1%
CapEx$949.2M+2,548%
Free cash flow-$873.8M-1,602%

Valuation

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Market cap$13.56B+206%
Enterprise value$11.74B+204%
P/E85.8×+34.8×
P/S17.9×+9.1×

Profitability

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Gross margin68.4%+3.9pp
Operating margin-54%-56.2pp
Net margin20.9%+13.4pp
FCF margin-193%-522pp

Returns & leverage

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Return on equity7.9%
Debt / equity0.1×
Current ratio3.7×

Where this comes from

Reported directly by Iris Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: Iris Energy’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001878848-26-000026
Line itemNoteMarch 31,2026June 30,2025
Other liabilities, current portion1544,1123,945
Total current liabilities651,356149,347
Non-current liabilities
Operating lease liability, less current portion142,2851,063
Finance lease liability, less current portion9, 14152,088
Convertible notes payable163,687,832962,765
Deferred revenue, less current portion598,598
Deferred tax liabilities206407,971

Item 1. Financial Statements

FAQ

What is Iris Energy's operating lease liabilities?
Iris Energy (IREN) reported operating lease liabilities of $2.29M in Q1 2026.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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