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Iris Energy (Iris Energy) Other Operating Expense : $87.2 Mil (TTM As of Mar. 2024)


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What is Iris Energy Other Operating Expense?

Iris Energy's Other Operating Expense for the three months ended in Mar. 2024 was $35.2 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $87.2 Mil.

Iris Energy's quarterly Other Operating Expense increased from Jun. 2023 ($23.7 Mil) to Dec. 2023 ($28.4 Mil) and increased from Dec. 2023 ($28.4 Mil) to Mar. 2024 ($35.2 Mil).

Iris Energy's annual Other Operating Expense increased from Jun. 2021 ($4.0 Mil) to Jun. 2022 ($24.9 Mil) and increased from Jun. 2022 ($24.9 Mil) to Jun. 2023 ($78.3 Mil).


Iris Energy Other Operating Expense Historical Data

The historical data trend for Iris Energy's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iris Energy Other Operating Expense Chart

Iris Energy Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Other Operating Expense
2.18 3.99 24.88 78.26

Iris Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.94 14.35 23.66 28.39 35.16

Iris Energy Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $87.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Iris Energy Other Operating Expense Related Terms

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Iris Energy (Iris Energy) Business Description

Traded in Other Exchanges
Address
44 Market Street, Level 12, Sydney, NSW, AUS, 2000
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.