Iren Operating Expenses Growth & History (IREN)
Iren's operating expenses was $1.53B for fiscal 2026.
View full Iren company overviewIren annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | $1.53B | $1.21B | +372.43% |
| 2025 | 2025-06-30 | $324.7M | $198.2M | +156.77% |
| 2024 | 2024-06-30 | $126.5M | −$63.5M | −33.42% |
| 2023 | 2023-06-30 | $189.9M | $138.8M | +271.51% |
| 2022 | 2022-06-30 | $51.1M | — | — |
Iren quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | $724.3M | $608.2M | +523.98% |
| Q3 2026 | 2026-03-31 | $338.4M | $271.0M | +402.46% |
| Q2 2026 | 2025-12-31 | $235.3M | $168.8M | +253.67% |
| Q1 2026 | 2025-09-30 | $236.0M | $161.3M | +215.77% |
| Q4 2025 | 2025-06-30 | $116.1M | — | — |
| Q3 2025 | 2025-03-31 | $67.3M | — | — |
| Q2 2025 | 2024-12-31 | $66.5M | — | — |
| Q1 2025 | 2024-09-30 | $74.7M | — | — |
Iren operating expenses trends
Between the periods ended 2022-06-30 and 2026-06-30, Iren's operating expenses increased from $51.1M to $1.53B, a change of $1.48B. The latest reported quarter, Q4 2026, shows $724.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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