CleanSpark, Inc. (CLSK)

Nasdaq Information Technology Internet Services & Infrastructure S&P SmallCap 600

$6.16

+0.48 (+8.45%)

Close of Nov 06, 2026 · end-of-day data

Source: CleanSpark, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$82.03K	$447.96K	$578.63K	$4.53M	$10.03M	$39.29M	$131.53M	$168.41M	$378.97M	$766.31M
Cost of revenue	$31.26K	$296.30K	$390.77K	$3.86M	$7.91M	$5.26M	$41.23M	$93.58M	$165.52M	$343.10M
Gross profit	$50.77K	$151.67K	$187.86K	$671.70K	$2.12M	$34.02M	$90.29M	$74.83M	$213.45M	$423.21M
Research & development	$1.83K	$591	$7.19K	—	—	—	—	—	—	—
Operating income	-$2.54M	-$13.38M	-$7.08M	-$16.61M	-$15.14M	-$11.90M	-$37.86M	-$131.04M	-$149.04M	$318.95M
Interest expense	$32	$2.90K	$924.45K	$9.48M	$10.76M	$145.73K	$1.08M	$2.98M	$2.46M	$11.34M
Pre-tax income	—	—	—	—	—	-$8.23M	-$40.09M	-$133.72M	-$145.78M	$364.46M
Income tax	-$1.05M	-$13.44M	—	—	—	$0	$0	$2.42M	$3.34M	$39.11M
Net income	-$2.54M	-$13.50M	-$47.01M	-$26.12M	-$23.35M	-$21.81M	-$57.33M	-$138.15M	-$145.78M	$364.46M
EBITDA	-$1.96M	-$11.13M	-$6.22M	-$14.71M	-$12.31M	-$2.56M	$11.18M	-$10.31M	$5.57M	$667.28M
EPS (basic)	$-0.11	$-0.42	$-13.62	$-6.25	$-2.44	$-0.75	—	$-1.30	—	—
EPS (diluted)	—	—	—	$-6.25	$-2.44	$-0.75	—	$-1.30	—	—
Diluted shares	—	—	—	—	9.55M	29.44M	42.61M	102.71M	216.86M	317.76M
Gross margin	61.9%	33.9%	32.5%	14.8%	21.1%	86.6%	68.6%	44.4%	56.3%	55.2%
Operating margin	-3097.9%	-2986.5%	-1222.9%	-366.5%	-151.0%	-30.3%	-28.8%	-77.8%	-39.3%	41.6%
Net margin	-3097.1%	-3013.3%	-8123.6%	-576.2%	-232.8%	-55.5%	-43.6%	-82.0%	-38.5%	47.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$436.53K	$57.13K	$7.84M	$7.84M	$3.13M	$18.04M	$20.46M	$29.21M	$121.22M	$42.97M
Receivables	$57.09K	$41.95K	$34.14K	$777.72K	$859.79K	$307.07K	$27.00K	$5.00K	—	—
Inventory	—	—	—	—	—	—	$216.00K	$809.00K	—	—
Total current assets	$604.37K	$128.63K	$548.38K	$9.88M	$8.25M	$57.73M	$50.78M	$102.17M	$705.43M	$1.32B
Goodwill	$4.92M	$4.92M	$4.92M	$4.92M	$5.90M	$12.05M	$0	$8.04M	$8.04M	$131.66M
Total assets	$33.02M	$20.79M	$17.56M	$23.43M	$22.34M	$317.47M	$452.62M	$761.58M	$1.96B	$3.18B
Total current liabilities	$357.42K	$301.29K	$1.35M	$1.50M	$5.38M	$10.06M	$34.04M	$74.06M	$187.89M	$315.76M
Short-term debt	—	$150.00K	$150.00K	$150.00K	$531.17K	—	—	—	—	—
Long-term debt	—	—	—	—	—	—	$13.43M	$8.91M	$7.18M	$644.59M
Total debt	—	$150.00K	$150.00K	$150.00K	$531.17K	—	$13.43M	$8.91M	$7.18M	$644.59M
Total liabilities	$357.42K	$451.29K	$1.50M	$4.55M	$5.91M	$11.76M	$48.61M	$85.91M	$201.82M	$1.01B
Shareholders' equity	$32.66M	$20.34M	$16.06M	$18.89M	$16.43M	$305.72M	$404.01M	$675.67M	$1.76B	$2.18B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	-$438.17K	-$1.36M	-$1.26M	-$5.70M	-$6.64M	-$23.99M	$73.46M	-$17.25M	-$233.66M	-$461.03M
Capital expenditures	$9.67K	$5.11K	$15.23K	$102.76K	$34.90K	$139.23M	$19.29M	$61.46M	$66.10M	$144.66M
Free cash flow	-$447.84K	-$1.37M	-$1.28M	-$5.80M	-$6.68M	-$163.22M	$54.17M	-$78.71M	-$299.76M	-$605.69M
Investing cash flow	-$20.86K	-$126.32K	-$419.23K	-$673.95K	-$2.38M	-$229.16M	-$210.98M	-$331.93M	-$920.40M	-$305.66M
Financing cash flow	$807.02K	$1.11M	$2.04M	$13.80M	$4.31M	$268.06M	$139.95M	$357.93M	$1.25B	$688.87M
Share buybacks	—	—	—	—	—	—	—	$0	$0	$145.00M
Stock-based compensation	—	$135.55K	$1.50M	$1.99M	$2.05M	$8.55M	$31.47M	$24.14M	$29.55M	$45.34M
Depreciation & amortization	$578.46K	$2.25M	$854.98K	$1.90M	$2.84M	$9.34M	$49.05M	$120.73M	$154.61M	$348.33M

Income statement

quarters · USD

Quarter ended	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Revenue	$37.12M	$37.20M	$31.03M	$26.17M	$27.82M	$42.55M	$45.52M	$52.52M	$73.79M	$111.80M	$104.11M	$89.28M
Cost of revenue	$5.64M	$8.68M	$10.29M	$16.63M	$20.42M	$22.08M	$20.68M	$30.40M	$28.90M	$34.30M	$45.18M	$57.14M
Gross profit	$31.49M	$28.51M	$20.74M	$9.55M	$7.40M	$20.46M	$24.84M	$22.12M	$44.89M	$77.50M	$58.93M	$32.13M
Operating income	$15.31M	$2.80M	-$15.32M	-$40.66M	-$28.88M	-$17.49M	-$15.59M	-$69.09M	$28.51M	$137.12M	-$249.08M	-$65.60M
Interest expense	$53.00K	$8.00K	$314.00K	$703.00K	$889.00K	$799.00K	$689.00K	$600.00K	$546.00K	$526.00K	$485.00K	$898.00K
Pre-tax income	$15.64M	$2.03M	-$16.61M	-$41.15M	-$30.49M	-$18.17M	-$14.12M	-$70.95M	$25.91M	$126.73M	-$236.24M	-$62.18M
Income tax	$0	$0	$0	$0	$0	$0	$0	$2.42M	$1.40M	$11.60M	-$9.49M	-$155.00K
Net income	$14.49M	-$171.00K	-$29.34M	-$42.30M	-$29.03M	-$18.46M	-$14.22M	-$76.44M	$25.91M	$126.73M	-$236.24M	-$62.18M
EBITDA	$22.74M	$13.25M	-$535.00K	-$24.27M	-$9.55M	$3.86M	$6.26M	-$10.89M	$58.36M	$169.31M	-$208.35M	-$13.75M
EPS (basic)	$0.35	$0.00	—	—	—	—	—	—	—	—	—	—
EPS (diluted)	$0.35	$0.00	—	—	—	—	—	—	—	—	—	—
Diluted shares	40.49M	41.40M	41.28M	1.52M	66.40M	80.47M	114.84M	15.07M	180.78M	212.10M	228.64M	11.38M
Gross margin	84.8%	76.7%	66.8%	36.5%	26.6%	48.1%	54.6%	42.1%	60.8%	69.3%	56.6%	36.0%
Operating margin	41.2%	7.5%	-49.4%	-155.3%	-103.8%	-41.1%	-34.2%	-131.5%	38.6%	122.6%	-239.2%	-73.5%
Net margin	39.0%	-0.5%	-94.6%	-161.6%	-104.4%	-43.4%	-31.2%	-145.5%	35.1%	113.4%	-226.9%	-69.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Cash & equivalents	$5.21M	$1.91M	$2.66M	$20.46M	$2.06M	$10.35M	$21.83M	$29.21M	$48.46M	$323.05M	$126.14M	$121.22M
Receivables	$4.62M	$6.84M	$102.78K	$27.00K	$30.00K	$47.00K	$100.00K	$5.00K	$0	$0	—	—
Inventory	—	—	—	$216.00K	$392.00K	$746.00K	$1.04M	$809.00K	$732.00K	$991.00K	$1.54M	—
Total current assets	$58.68M	$41.96M	$29.45M	$50.78M	$21.19M	$32.91M	$52.70M	$102.17M	$181.71M	$687.77M	$598.84M	$705.43M
Goodwill	$19.05M	$19.05M	$12.05M	$0	$8.04M	$8.04M	$8.04M	$8.04M	$8.04M	$8.04M	$8.04M	$8.04M
Total assets	$418.14M	$424.80M	$411.06M	$452.62M	$486.79M	$531.55M	$652.80M	$761.58M	$862.73M	$1.54B	$1.48B	$1.96B
Total current liabilities	$22.48M	$22.58M	$19.99M	$34.04M	$41.60M	$41.28M	$37.42M	$74.06M	$42.39M	$55.03M	$66.98M	$187.89M
Long-term debt	—	—	—	$13.43M	$12.10M	$10.37M	$10.77M	$8.91M	$7.05M	$5.09M	$1.31M	$7.18M
Total debt	—	—	—	$13.43M	$12.10M	$10.37M	$10.77M	$8.91M	$7.05M	$5.09M	$1.31M	$7.18M
Total liabilities	$24.07M	$23.88M	$34.19M	$48.61M	$59.75M	$57.67M	$49.16M	$85.91M	$52.17M	$74.40M	$73.38M	$201.82M
Shareholders' equity	$394.07M	$400.92M	$376.87M	$404.01M	$427.04M	$473.88M	$603.65M	$675.67M	$809.00M	$1.46B	$1.40B	$1.76B

Cash flow

quarters · USD

Quarter ended	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Operating cash flow	$13.00M	$33.89M	$5.60M	$20.98M	$5.12M	$6.76M	$5.80M	-$34.93M	-$47.68M	-$44.85M	-$58.45M	-$82.69M
Capital expenditures	$21.43M	$7.49M	$3.19M	-$12.82M	$4.95M	$16.82M	$20.86M	$18.83M	$27.50M	$15.48M	$10.30M	$12.81M
Free cash flow	-$8.43M	$26.40M	$2.41M	$8.16M	$162.00K	-$10.05M	-$15.06M	-$53.75M	-$75.19M	-$60.33M	-$68.75M	-$95.50M
Investing cash flow	-$94.00M	-$37.11M	-$22.39M	-$57.49M	-$56.49M	-$54.58M	-$127.95M	-$92.91M	-$32.82M	-$198.75M	-$272.13M	-$416.70M
Financing cash flow	$68.18M	-$78.00K	$17.54M	$54.31M	$32.97M	$56.10M	$133.64M	$135.22M	$99.75M	$518.19M	$136.69M	$494.50M
Share buybacks	—	—	—	—	—	—	—	—	$0	$0	$0	$0
Stock-based compensation	$5.75M	$6.55M	$5.21M	$13.95M	$5.88M	$5.74M	$5.95M	$6.57M	$9.95M	$9.80M	$2.95M	$6.86M
Depreciation & amortization	$7.43M	$10.45M	$14.78M	$16.39M	$19.33M	$21.35M	$21.85M	$58.20M	$29.85M	$32.19M	$40.73M	$51.85M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.