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Iris Energy IREN Operating Lease ROU Assets

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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:FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization.

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
(in USD thousands)March 31,2026June 30,2025
Mining hardware$1,041,767$1,135,584
GPU hardware811,39076,001
Buildings690,060639,750
Right-of-use assets - Finance lease301,776
Plant and equipment8,82710,002
Land43,75613,086
Leasehold improvements3443
Construction in progress2,089,371237,734

Item 1. Financial Statements

FAQ

What is Iris Energy's operating lease ROU assets?
Iris Energy (IREN) reported operating lease ROU assets of $301.78M in Q1 2026.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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