What is Iris Energy's PP&E (net)?

Iris Energy (IREN) reported PP&E (net) of $2.12B in Q3 2025.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Iris Energy IREN PP&E (Net)

Discontinued — last reported Q1 '26

PP&E (Net) at other companies

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$1.59B+21.3%

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$1.41B-10.2%

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Core Scientific, Inc.CORZ

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DTC

Datacentrex, Inc. DTCX

$15.28M+111,659%

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$13.93B+241%

Enterprise value$12.12B+244%

P/E88.1×+41.2×

P/S18.4×+10.2×

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

See full

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:PropertyPlantAndEquipmentNet.

The official record: Iris Energy’s 10-Q, filed November 6, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iris Energy's PP&E (net)?: Iris Energy (IREN) reported PP&E (net) of $2.12B in Q3 2025.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.