Latest period
$2.34B
YoY change
+186.0%
5Y CAGR
+216.3%
Peak year (2025)
$1.37B
Cumulative CapEx
$4.37B
CapEx history chart for IREN (IREN) from 2019 to 2025
Latest: $1.37B
CapEx growth chart for IREN (IREN) from 2019 to 2025
Latest: +186.0%
CapEx history table for IREN (IREN) from 2019 to 2025
| 2025 | $1.37B | +186.0% | +$892.72M | ||
| 2024 | $479.91M | +313.5% | +$363.85M | ||
| 2023 | $116.06M | -60.6% | −$178.18M | ||
| 2022 | $294.25M | +5303.6% | +$288.80M | ||
| 2021 | $5.45M | +25.6% | +$1.11M | ||
| 2020 | $4.34M | +106.7% | +$2.24M | ||
| 2019 | $2.10M | — | — |
- 2025$1.37B+186.0%
- 2024$479.91M+313.5%
- 2023$116.06M-60.6%
- 2022$294.25M+5303.6%
- 2021$5.45M+25.6%
- 2020$4.34M+106.7%
- 2019$2.10M—
CapEx values are taken from IREN's reported cash flow statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at IREN (IREN)
According to IREN's latest reported financial statements, the company's current CapEx (TTM) is $2.34B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual CapEx for IREN (IREN) came in at $1.37B – surged 186.0% year-over-year.
IREN CapEx has grown for 2 consecutive years, with a +216.3% compound annual growth rate over 2020–2025 (5 years).
The record annual CapEx stands at $1.37B, reached in 2025; the historical low of $2.10M was recorded in 2019.
IREN Capital Expenditures by Year
IREN Capital Expenditures 2025: $1.37B
IREN CapEx in 2025 was $1.37B, surged 186.0% from 2024. This figure represents the highest annual value in the available history.
IREN Capital Expenditures 2024: $479.91M
2024's CapEx for IREN came in at $479.91M, surged 313.5% from 2023.
IREN Capital Expenditures 2023: $116.06M
IREN posted CapEx of $116.06M in 2023, plunged 60.6% below 2022.
IREN Capital Expenditures 2022: $294.25M
In 2022, IREN reported CapEx of $294.25M, surged 5303.6% from 2021.
IREN Capital Expenditures 2021: $5.45M
IREN CapEx in 2021 was $5.45M.
See more financial history for IREN (IREN).
Sector peers by CapEx
Financial Services peers of IREN (IREN), ranked by their latest CapEx
| $20.93B | |
| $6.52B | |
| $2.90B | |
| $2.06B | |
| $1.48B | |
| $489.00M | |
| $0.00 | |
| $0.00 |
- $20.93B
- $6.52B
- $2.90B
- $2.06B
- $1.48B
- $489.00M
- $0.00
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