Iren (IREN) Capital Expenditures (2023 - 2026)
Iren (IREN) posted quarterly Capital Expenditures of $949.2 million for Q1 2026, up 557.07% year-over-year from $144.5 million in Q1 2025, and up 75.87% quarter-over-quarter from $539.7 million in Q4 2025.
Iren (IREN) Capital Expenditures (2023 - 2026) Analysis & Trends
Iren (IREN) has reported Capital Expenditures for 4 consecutive years, with $949.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures rose 557.07% year-over-year to $949.2 million; the TTM figure through Mar 2026 stood at $1.9 billion (up 187.84% YoY), while the FY2025 annual figure was $573.5 million, up 304.26% from the prior year.
- Capital Expenditures climbed to $949.2 million in Q1 2026 per IREN's latest filing, from $539.7 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $949.2 million in Q1 2026 and bottomed at -$81.3 million in Q1 2024.
- Historically, Capital Expenditures has averaged $196.6 million across 4 years, with a median of $144.5 million in 2025.
- On a YoY basis, Capital Expenditures climbed as much as 1064.64% in 2024 and fell as far as 108.57% in 2024.
- Iren's Capital Expenditures stood at -$40.5 million in 2023, then surged by 443.56% to $139.1 million in 2024, then jumped by 288.1% to $539.7 million in 2025, then soared by 75.87% to $949.2 million in 2026.
- Business Quant data shows IREN's Capital Expenditures at $949.2 million in Q1 2026, $539.7 million in Q4 2025, and $180.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 819.00 Mn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 502.00 Mn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 185.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 12.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 18.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 199.45 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 18.90 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 20.16 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Iren | 13.30 Bn | 11.09 Bn | 104.86 Mn | 949.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 949.16 Mn |
| Mar 31, 2026 | 949.16 Mn |
| Dec 31, 2025 | 539.69 Mn |
| Dec 31, 2025 | 539.69 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 | 144.45 Mn |
| Mar 31, 2025 | 144.45 Mn |
| Dec 31, 2024 | 139.06 Mn |
| Dec 31, 2024 | 139.06 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 |
| Mar 31, 2024 | -81.28 Mn |
| Mar 31, 2024 | -81.28 Mn |
| Dec 31, 2023 | -40.48 Mn |
| Dec 31, 2023 | -40.48 Mn |