Iren (IREN) Operating Expenses (2021 - 2026)

Iren (IREN) has reported Operating Expenses for 6 consecutive years, with $81.8 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 3162.94% year-over-year to $81.8 million; the TTM figure through Mar 2026 stood at $374.2 million (up 4771.76% YoY), while the FY2025 annual figure was $136.5 million, up 93.77% from the prior year.
• Operating Expenses declined to $81.8 million in Q1 2026 per IREN's latest filing, from $100.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $138.4 million in Q3 2025 and bottomed at -$11.5 million in Q4 2022.
• Historically, Operating Expenses has averaged $23.3 million across 5 years, with a median of -$1.9 million in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses plunged 833.39% — and 2025, when it surged 5950.27%.
• Iren's Operating Expenses stood at -$11.5 million in 2022, then jumped by 85.51% to -$1.7 million in 2023, then plunged by 78.68% to -$3.0 million in 2024, then jumped by 3486.72% to $100.8 million in 2025, then decreased by 18.86% to $81.8 million in 2026.
• Business Quant data shows IREN's Operating Expenses at $81.8 million in Q1 2026, $100.8 million in Q4 2025, and $138.4 million in Q3 2025.