Non-Current Assets

PP&E (Gross)

Iris Energy PP&E (Gross) increased by 40.3% to $4.99B in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ3 2026May 8, 2026
Parent metricPP&E (Net)

How to read this metric

An increase indicates ongoing capital investment and expansion of physical capacity; a decrease suggests asset disposals or a shift toward asset-light models.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, such as buildings, machinery, and equipment...

Peer comparison

Standard across capital-intensive industries; peers report this as 'Gross Property, Plant, and Equipment'.

Metric ID: ppe_total_gross

Historical Data

3 periods
 Q4 '25Q2 '26Q3 '26
Value$2.11B$3.55B$4.99B
QoQ Change—+68.2%+40.3%
% of PP&E (Net)109.4%——
Share Change———
Range$2.11B – $4.99B
Current Streak2+ quarters growth

PP&E (Gross) at Other Companies

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Frequently Asked Questions

What is Iris Energy's pp&e (gross)?
Iris Energy (IREN) reported pp&e (gross) of $4.99B in Q1 2026.
What does pp&e (gross) mean?
The total original cost of all physical assets like buildings and equipment before subtracting depreciation.