Capital Expenditures for IREN (IREN)
According to IREN's latest reported financial statements, the company's current capital expenditures (TTM) is $1.78B USD. 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 .
IREN
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.78B
YoY change
+186.0%
5Y CAGR
+216.3%
Peak year (2025)
$1.37B
Cumulative capital expenditures
$2.27B
CapEx history chart for IREN (IREN) from 2019 to 2025
CapEx history table for IREN (IREN) from 2019 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY | YoY change |
|---|---|---|---|---|---|
| 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 | — | — |
CapEx values are taken from IREN's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual capital expenditures for IREN (IREN) came in at $1.37B – surged 186.0% year-over-year.
IREN capital expenditures has grown for 2 consecutive years, with a +216.3% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum capital expenditures sits at $1.37B (2025); the minimum reading of $2.10M dates to 2019.
Within Financial Services, IREN (IREN) ranks 5th among 8 peers we track. The peer median for capital expenditures is $985.50M.
IREN Capital Expenditures by Year
IREN Capital Expenditures 2025: $1.37B
IREN capital expenditures 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
IREN capital expenditures in 2024 was $479.91M, surged 313.5% from 2023.
IREN Capital Expenditures 2023: $116.06M
IREN capital expenditures in 2023 was $116.06M, plunged 60.6% below 2022.
IREN Capital Expenditures 2022: $294.25M
IREN capital expenditures in 2022 was $294.25M, surged 5303.6% from 2021.
IREN Capital Expenditures 2021: $5.45M
IREN capital expenditures in 2021 was $5.45M.
See more financial history for IREN (IREN).
Sector peers — CapEx
Companies in the same sector as IREN, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Berkshire Hathaway (BRK-B) | $20.93B | Financial Services |
| Morgan Stanley (MS) | $2.90B | Financial Services |
| Goldman Sachs (GS) | $2.06B | Financial Services |
| Visa (V) | $1.48B | Financial Services |
| Mastercard (MA) | $489.00M | Financial Services |
| JPMorgan Chase (JPM) | $0 | Financial Services |
| Bank of America (BAC) | $0 | Financial Services |
| Wells Fargo (WFC) | $0 | Financial Services |
Frequently asked questions
What is IREN's capital expenditures?
Latest reported capital expenditures for IREN (IREN) is $1.78B (period ending March 31, 2026).
How has IREN capital expenditures changed year-over-year?
IREN (IREN) capital expenditures changed +186.0% year-over-year on the latest annual filing.
What is the long-term growth rate of IREN capital expenditures?
IREN (IREN) capital expenditures compound annual growth rate is +216.3% over the most recent 5 years available.
When did IREN capital expenditures hit its highest annual value?
IREN capital expenditures reached its highest annual value of $1.37B in 2025.
What was IREN capital expenditures in 2024?
IREN (IREN) capital expenditures in 2024 was $479.91M.
What was IREN capital expenditures in 2025?
IREN (IREN) capital expenditures in 2025 was $1.37B.
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