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 338.83 Bn 205.30 Bn - 819.00 Mn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 502.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - 140.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 12.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 949.16 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 26.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 199.45 Mn
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 18.90 Mn

Historic Data

Download Data
DateValue
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