Other
Revenue
Iris Energy Revenue decreased by 21.6% to $144.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.0%, from $144.82M to $144.80M. Over 2 years (FY 2023 to FY 2025), Revenue shows an upward trend with a 157.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026
How to read this metric
Growth indicates successful market penetration, pricing power, or volume expansion, while a decline suggests weakening demand or competitive pressure.
Detailed definition
This represents the total gross revenue generated from the sale of goods and services to customers, excluding any sales-...
Peer comparison
The standard top-line revenue metric used across all public companies for financial reporting.
Metric ID:
other_revenue_from_contract_with_customer_excluding_asse_0d5b70Historical Data
15 periods
| 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 | $46.80M | $46.80M | $46.80M | $46.80M | $52.76M | $116.14M | $144.82M | $187.29M | $240.30M | $184.69M | $144.80M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +147.9% | +0.0% | +0.0% | +0.0% | +12.7% | +120.1% | +24.7% | +29.3% | +28.3% | -23.1% | -21.6% |
| YoY Change | — | — | — | — | +147.9% | +147.9% | +147.9% | +147.9% | +12.7% | +148.2% | +209.5% | +300.2% | +355.4% | +59.0% | -0.0% |
Range$18.88M – $240.30M
CAGR+79.0%
Avg YoY Growth+152.4%
Median YoY Growth+147.9%
Current Streak2 quarters decline
Revenue at Other Companies
Frequently Asked Questions
- What is Iris Energy's revenue?
- Iris Energy (IREN) reported revenue of $144.80M in Q1 2026.
- How has Iris Energy's revenue changed year-over-year?
- Iris Energy's revenue decreased by 0.0% year-over-year, from $144.82M to $144.80M.
- What is the long-term trend for Iris Energy's revenue?
- Over 2 years (2023 to 2025), Iris Energy's revenue has grown at a 157.6% compound annual growth rate (CAGR), from $75.51M to $501.02M.
- What does revenue mean?
- Total sales revenue earned from customers, excluding collected sales taxes.