Iren (IREN) Capital Expenditures (2023 - 2026)
Iren (IREN) reported Capital Expenditures of $1.2 billion for Q1 2026, up 325.05% year-over-year from $287.2 million in Q1 2025, and up 355.6% quarter-over-quarter from $268.0 million in Q4 2025.
Iren (IREN) Capital Expenditures (2023 - 2026) Analysis & Trends
Iren (IREN) has 4 years of Capital Expenditures data on file, last reported at $1.2 billion in Q1 2026.
- Capital Expenditures for Q1 2026 came in at $1.2 billion, up 325.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 187.84% YoY), and the FY2025 annual result was $573.5 million, up 304.26% from the prior year.
- Capital Expenditures advanced to $1.2 billion in Q1 2026 per IREN's latest filing, from $268.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.2 billion in Q1 2026 and troughed at -$39.0 million in Q1 2023.
- A 4-year average of $266.8 million and a median of $196.9 million in 2023 frame the typical range for Capital Expenditures.
- On a YoY basis, Capital Expenditures climbed as much as 7297.69% in 2025 and fell as far as 27.66% in 2025.
- A 4-year view of Capital Expenditures shows it stood at $209.7 million in 2023, then tumbled by 101.78% to -$3.7 million in 2024, then soared by 7297.69% to $268.0 million in 2025, then jumped by 355.6% to $1.2 billion in 2026.
- Business Quant data shows IREN's Capital Expenditures at $1.2 billion in Q1 2026, $268.0 million in Q4 2025, and $180.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 754.00 Mn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 565.00 Mn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 140.00 Mn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 9.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 26.00 Mn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 165.76 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 254,000.00 |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 9.36 Mn |
| 10 | Iren | 19.67 Bn | 17.46 Bn | 144.76 Mn | 1.22 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.22 Bn |
| Mar 31, 2026 | 1.22 Bn |
| Dec 31, 2025 | 267.97 Mn |
| Dec 31, 2025 | 267.97 Mn |
| Sep 30, 2025 | 180.31 Mn |
| Sep 30, 2025 | 180.31 Mn |
| Jun 30, 2025 | 184.11 Mn |
| Jun 30, 2025 | 184.11 Mn |
| Mar 31, 2025 | 287.23 Mn |
| Mar 31, 2025 | 287.23 Mn |
| Dec 31, 2024 | -3.72 Mn |
| Dec 31, 2024 | -3.72 Mn |
| Sep 30, 2024 | 105.83 Mn |
| Sep 30, 2024 | 105.83 Mn |
| Jun 30, 2024 | 254.52 Mn |
| Jun 30, 2024 | 254.52 Mn |
| Jun 30, 2023 | 209.68 Mn |
| Jun 30, 2023 | 209.68 Mn |
| Mar 31, 2023 | -38.97 Mn |
| Mar 31, 2023 | -38.97 Mn |