Iren (IREN) Cost of Revenue (2021 - 2026)

Iren (IREN) has reported Cost of Revenue for 6 consecutive years, with $33.3 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue fell 36.97% year-over-year to $33.3 million in Q2 2026; TTM through Jun 2026 was $219.7 million, a 38.19% increase from a year earlier, with the FY2026 full-year figure at $219.7 million, up 38.19% from the prior year.
• Cost of Revenue was $33.3 million for Q2 2026 at Iren, down from $39.9 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $80.7 million in Q3 2025 and troughed at $2.0 million in Q1 2023.
• A 5-year average of $33.6 million and a median of $32.3 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue soared 824.64% in 2025 and plunged 36.97% in 2026, its largest moves.
• Over 5 years, Cost of Revenue stood at $3.6 million in 2022, then surged by 65.78% to $6.0 million in 2023, then surged by 437.52% to $32.3 million in 2024, then soared by 103.64% to $65.8 million in 2025, then tumbled by 49.31% to $33.3 million in 2026.
• The last three Cost of Revenue figures came in at $33.3 million (Q2 2026), $39.9 million (Q1 2026), and $65.8 million (Q4 2025), per Business Quant data.