Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · CleanSpark (CLSK)

CleanSpark Q2 revenue falls 24.9% to $136.4 million; net loss widens to $378.3 million

Negative Impact 3 of 5 earnings Written later

CleanSpark reported results for the fiscal quarter ended March 31, 2026, with revenue of $136.4 million, down 24.9% from $181.7 million a year earlier. The net loss widened to $378.3 million, or $1.52 per basic share, from $138.8 million, or $0.49 per share, in the prior-year quarter, and the company's non-GAAP Adjusted EBITDA loss grew to $241.2 million from $57.8 million, which weighs on shareholder returns.

Key points

  • Quarterly revenue was $136.4 million versus $181.7 million a year earlier, a decrease of 24.9%.
  • Net loss was $378.3 million, or $1.52 per basic share, versus $138.8 million, or $0.49 per share, a year earlier.
  • Loss on fair value of bitcoin was $224.1 million in the quarter, compared with $127.7 million a year earlier.
  • As of March 31, 2026, cash was $260.3 million and total long-term debt, net, was $1.8 billion.

The filing

CompanyCleanSpark (CLSK)
Form8-K, current report
Filed with the SECMay 11, 2026, 4:24 PM ET
Accession number0001193125-26-216866

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.