Iren (IREN) Operating Expenses (2024 - 2026)

Iren (IREN) has 3 years of Operating Expenses data on file, last reported at $81.8 million in Q1 2026.

• Quarterly Operating Expenses rose 180.96% year-over-year to $81.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $374.2 million (up 349.92% YoY) and the FY2025 annual result came in at $136.5 million, up 12.71% from the prior year.
• Operating Expenses slipped 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 $25.2 million in Q3 2024.
• The 3-year median for Operating Expenses is $53.3 million (2025), against an average of $65.3 million.
• The widest annual swing landed in 2025, when Operating Expenses soared 449.65%; it then surged 180.96% in 2026.
• Tracing IREN's Operating Expenses over 3 years: stood at $28.9 million in 2024, then jumped by 248.73% to $100.8 million in 2025, then declined by 18.86% to $81.8 million in 2026.
• Per Business Quant, the three latest IREN Operating Expenses figures stand at $81.8 million (Q1 2026), $100.8 million (Q4 2025), and $138.4 million (Q3 2025).

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