Total Revenue
Iris Energy Total 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), Total Revenue shows an upward trend with a 157.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates market expansion or higher demand, while a decrease may signal market saturation or competitive pressure.
Detailed definition
Total revenue represents the gross inflow of economic benefits arising from the ordinary operating activities of the com...
Peer comparison
Standard across all public companies; peers in the medical device and diagnostics sector typically show steady growth correlated with product adoption.
total_revenueHistorical Data
| 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% |
Product Breakdown
| Segment | Q3 '26 |
|---|---|
| Bitcoin mining | $111.16M |
| AI Cloud Services | $33.64M |
| Total | $144.80M |
Geographic Breakdown
| Segment | FY'25 |
|---|---|
| Australia | $484.63M |
| Canada | $16.39M |
| United States | $0.00 |
| Total | $501.02M |
All segment values are derived from annual filings.
Total Revenue at Other Companies
Frequently Asked Questions
- What is Iris Energy's total revenue?
- Iris Energy (IREN) reported total revenue of $144.80M in Q1 2026.
- How has Iris Energy's total revenue changed year-over-year?
- Iris Energy's total revenue decreased by 0.0% year-over-year, from $144.82M to $144.80M.
- What is the long-term trend for Iris Energy's total revenue?
- Over 2 years (2023 to 2025), Iris Energy's total revenue has grown at a 157.6% compound annual growth rate (CAGR), from $75.51M to $501.02M.
- What does total revenue mean?
- The total amount of money a company brings in from its primary business activities before any expenses.