Other
Reclassification of property, plant and equipment to assets held for sale
Iris Energy Reclassification of property, plant and equipment to assets held for sale decreased by 25.5% to $14.98M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.1%, from $20.27M to $14.98M.
Analysis
StatementCash Flow Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
Signals a shift in operational strategy, potential asset modernization, or a move to liquidate underperforming infrastructure.
Detailed definition
The carrying value of assets reclassified from active property, plant, and equipment to assets held for sale. This indic...
Peer comparison
Occurs during fleet upgrades or restructuring; peers in mining frequently rotate hardware as technology efficiency improves.
Metric ID:
other_property_plant_and_equipment_transferred_to_held_to_saleHistorical Data
13 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $13.65M | $20.27M | $0.00 | $20.10M | $14.98M |
| QoQ Change | — | — | — | — | — | — | — | — | — | +48.5% | -100.0% | — | -25.5% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | -100.0% | — | -26.1% |
Range$0.00 – $20.27M
Avg YoY Growth-63.1%
Median YoY Growth-63.1%
Reclassification of property, plant and equipment to assets held for sale at Other Companies
Frequently Asked Questions
- What is Iris Energy's reclassification of property, plant and equipment to assets held for sale?
- Iris Energy (IREN) reported reclassification of property, plant and equipment to assets held for sale of $14.98M in Q1 2026.
- How has Iris Energy's reclassification of property, plant and equipment to assets held for sale changed year-over-year?
- Iris Energy's reclassification of property, plant and equipment to assets held for sale decreased by 26.1% year-over-year, from $20.27M to $14.98M.
- What does reclassification of property, plant and equipment to assets held for sale mean?
- Value of equipment moved to a 'for sale' category because the company plans to sell it.