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Iren (IREN) capital expenditures by quarter

Iren's capital expenditures were $2.1B in Q1 FY27 (first quarter fiscal 2027), +60% from Q4 FY26. Over the last 6 quarters it ranged from $180M (Q1 FY26) to $2.1B (Q1 FY27).

Iren capital expenditures by quarterIren capital expenditures by quarter$184MQ4 FY25$180MQ1 FY26$540MQ2 FY26$949MQ3 FY26$1.3BQ4 FY26$2.1BQ1 FY27
QuarterCapital expendituresQ/QY/Y
Q1 FY27$2.1B+60%12×
Q4 FY26$1.3B+40%+622%
Q3 FY26$949M+76%—
Q2 FY26$540M+199%—
Q1 FY26$180M-2%—
Q4 FY25$184M——

Q1 FY27 at a glance

Iren, Q1 FY27: revenue $228M (-5% year over year), operating margin -81.6%, net loss $263M, operating cash flow $529M. The chart follows the revenue to costs, profit and cash.

Questions

What is Iren's capital expenditures?

Iren's capital expenditures were $2.1B in Q1 FY27 (first quarter fiscal 2027), +60% from Q4 FY26.

How has Iren's capital expenditures changed?

Over the last 6 quarters it ranged from $180M (Q1 FY26) to $2.1B (Q1 FY27).

Q1 FY27 results → · How Iren makes money →