Iren IREN
NASDAQ IREN
$43.83 +0.19 (+0.44%)
At close: Sep 11, 2026 · 4:00 PM EDT

Iren (IREN) Capital Expenditures (2023 - 2026)

Iren's (IREN) quarterly Capital Expenditures came in at $1.3 billion in Q2 2026, up 621.75% year-over-year from $184.1 million in Q2 2025, and up 40.0% quarter-over-quarter from $949.2 million in Q1 2026.

Analysis

Iren (IREN) Capital Expenditures (2023 - 2026) Analysis & Trends

Iren (IREN) has reported Capital Expenditures for 4 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Capital Expenditures rose 621.75% year-over-year to $1.3 billion in Q2 2026; TTM through Jun 2026 was $3.0 billion, a 422.8% increase from a year earlier, with the FY2026 full-year figure at $3.0 billion, up 422.8% from the prior year.
  • Capital Expenditures was $1.3 billion for Q2 2026 at Iren, up from $949.2 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $1.3 billion in Q2 2026 and troughed at -$144.1 million in Q1 2024.
  • A 4-year average of $277.4 million and a median of $162.4 million in 2025 frame the typical range for Capital Expenditures.
  • The widest YoY moves for Capital Expenditures: up 1112.27% in 2024, down 269.68% in 2024.
  • Over 4 years, Capital Expenditures stood at $22.7 million in 2023, then jumped by 513.7% to $139.1 million in 2024, then surged by 288.1% to $539.7 million in 2025, then jumped by 146.22% to $1.3 billion in 2026.
  • The last three Capital Expenditures figures came in at $1.3 billion (Q2 2026), $949.2 million (Q1 2026), and $539.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn 2.15 Bn
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 1.33 Bn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 4.00 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 60.73 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - 14.78 Mn
7 Cleanspark 3.51 Bn 3.30 Bn - 6.10 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn -265.99 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn 43.09 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 14.75 Mn
Historic Data

Historic Data

Download Data
DateValue
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