Iren (IREN) Capital Expenditures (2023 - 2026)
Iren (IREN) recorded Capital Expenditures of $1.33 billion in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 621.8% from $184.11 million a year earlier and up 40.0% from the prior quarter.
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Analysis
Iren (IREN) Capital Expenditures (2023 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren reported Capital Expenditures of $3 billion, up 422.8% from FY2025.
- Annual Capital Expenditures has increased for four straight fiscal years, with a five-year compound annual growth rate of 233.2% (FY2021 to FY2026).
- Across earlier fiscal years, Capital Expenditures came in at $573.46 million in FY2025 (+304.3%), $141.86 million in FY2024 (+22.2%), $116.06 million in FY2023 (+38.7%) and $83.65 million in FY2022.
- The fiscal Q4 2026 figure is the highest quarterly Capital Expenditures in data going back to fiscal Q3 2023.
- On a year-over-year basis, Capital Expenditures has increased for four consecutive quarters, with growth averaging 337.2% over the last six quarters.
- Per Business Quant, the preceding three fiscal quarters came in at $949.16 million (Q3 2026), $539.69 million (Q2 2026) and $180.31 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | - |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 208.00 Mn |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 53.21 Mn |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | 1.33 Bn |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 54.44 Mn |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 498.00 Mn |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 235.66 Mn |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | 30,000.00 |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 2.12 Mn |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | 579.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Bn |
| Mar 31, 2026 | 949.16 Mn |
| Dec 31, 2025 | 539.69 Mn |
| Sep 30, 2025 | 180.31 Mn |
| Jun 30, 2025 | 184.11 Mn |
| Mar 31, 2025 | 144.45 Mn |
| Dec 31, 2024 | 139.06 Mn |
| Sep 30, 2024 | 105.83 Mn |
| Jun 30, 2024 | 254.52 Mn |
| Mar 31, 2024 | -144.05 Mn |
| Dec 31, 2023 | 22.66 Mn |
| Sep 30, 2023 | 8.73 Mn |
| Jun 30, 2023 | 209.68 Mn |
| Mar 31, 2023 | -38.97 Mn |
API Access
Iren Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "IREN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();