Non-Current Assets
Prepaid Expenses, Non-Current
Iris Energy Prepaid Expenses, Non-Current increased by 8.7% to $161.81M in Q1 2026 compared to the prior quarter.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ3 2026May 8, 2026
How to read this metric
Significant balances indicate long-term commitments to specific vendors or service providers, locking in future costs.
Detailed definition
This represents payments made in advance for goods or services that will be received or consumed over a period exceeding...
Peer comparison
Standard balance sheet item for large corporations with complex procurement and service contracts.
Metric ID:
prepaid_expenses_non_currentHistorical Data
5 periods
| Q4 '24 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|
| Value | $257.30M | $32.92M | $30.46M | $148.82M | $161.81M |
| QoQ Change | — | -87.2% | -7.5% | +388.6% | +8.7% |
| YoY Change | — | -87.2% | — | — | — |
Range$30.46M – $257.30M
CAGR-37.1%
Avg YoY Growth-87.2%
Median YoY Growth-87.2%
Current Streak2 quarters growth
Prepaid Expenses, Non-Current at Other Companies
Frequently Asked Questions
- What is Iris Energy's prepaid expenses, non-current?
- Iris Energy (IREN) reported prepaid expenses, non-current of $161.81M in Q1 2026.
- What does prepaid expenses, non-current mean?
- Payments made for services or goods that will be used more than a year in the future.