Iren (IREN) Cost of Revenue (2024 - 2026)

Iren (IREN) has 3 years of Cost of Revenue data on file, last reported at $39000.0 in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $39000.0, down 97.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $68.8 million (changed N/A YoY), and the FY2025 annual result was $13.3 million, up 64.75% from the prior year.
• Cost of Revenue eased to $39000.0 in Q1 2026 per IREN's latest filing, from $65.8 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $65.8 million in Q4 2025 and troughed at $39000.0 in Q1 2026.
• A 3-year average of $22.5 million and a median of $17.4 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue jumped 103.64% in 2025, then tumbled 97.91% in 2026.
• A 3-year view of Cost of Revenue shows it stood at $32.3 million in 2024, then jumped by 103.64% to $65.8 million in 2025, then plunged by 99.94% to $39000.0 in 2026.
• Business Quant data shows IREN's Cost of Revenue at $39000.0 in Q1 2026, $65.8 million in Q4 2025, and $3.0 million in Q2 2025.