CleanSpark (CLSK) Financial Statements & Analysis

CleanSpark (CLSK) Income Statement

CleanSpark reported revenue of $766.31M in fiscal 2025 (fiscal year ended Sep 30, 2025), up 102.2% from $378.97M a year earlier. Net income was $364.46M, a net margin of 47.6%. Gross margin was 41.6% and operating margin -14.0%. In the most recent quarter, Q3 fiscal 2026 (ended Jun 30, 2026), revenue was $138.01M, down 30.5% from the same quarter a year earlier.

CleanSpark Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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CleanSpark, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017
Revenue & Gross Profit
Revenue	766.31	378.97	168.41	131.53	39.29	10.03	4.53	0.58	0.45
Cost of Revenue	447.48	239.61	139.29	82.15	26.44	7.91	3.86	0.39	0.30
Gross Profit	318.83	139.36	29.11	49.37	12.84	2.12	0.67	0.19	0.15
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.16	1.45	1.38	0.00
Selling, General & Administrative	66.41	43.99	31.69	16.89	12.25	14.43	7.01	3.13	1.65
Operating Expenses	425.87	288.40	152.42	65.94	24.74	17.26	17.29	7.26	13.53
Operating Income	-107.03	-149.04	-123.31	-16.57	-11.90	-15.14	-16.61	-7.08	-13.38
Other Income/Expense
Interest Income	4.13	8.56	0.48	0.19	0.22	0.31	0.00	0.00	0.00
Interest Expense	11.34	2.46	2.98	1.08	0.15	10.76	9.48	0.92	0.00
Other Income/Expense	517.82	6.61	-5.50	-22.63	3.67	-8.20	-9.50	-39.93	-0.12
Income
Income Before Tax	403.58	-142.43	-131.30	-40.09	-8.23	-23.35	-26.12	-47.01	-13.50
Income Tax Expense	39.11	3.34	2.42	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	364.46	-145.78	-138.15	-57.33	-21.81	-23.35	-26.12	-47.01	-13.50
Net Income - Continuous Operations	364.46	-145.78	-133.72	-40.09	-21.81	-23.35	-26.12	-47.01	-13.50
Net Income - Discontinued Operations	-	-	-4.43	-17.24	-	-	-	-	-
EBITDA	763.25	14.63	-7.60	10.03	1.25	-9.75	-13.28	-43.85	-10.18
EBIT	414.91	-59.24	-128.33	-39.01	-11.90	-	-	-	-
Depreciation & Amortization	348.34	154.61	120.73	49.05	9.34	2.84	3.36	2.23	3.32
Earnings Per Share
Basic EPS	1.00	-1.00	-1.00	-1.00	-1.00	-2.00	-6.00	-14.00	-4.00
Diluted EPS	1.00	-1.00	-1.00	-1.00	-1.00	-2.00	-6.00	-14.00	-4.00
Basic Shares Outstanding	282.18	216.86	102.71	42.61	29.44	9.55	4.18	3.45	3.22
Diluted Shares Outstanding	317.76	216.86	102.71	42.61	29.44	9.55	4.18	3.45	3.22

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About CleanSpark Financial Statements

What was CleanSpark's revenue in fiscal 2025?

CleanSpark reported revenue of $766.31M in fiscal 2025 (fiscal year ended Sep 30, 2025). That was up 102.2% from $378.97M a year earlier.

Is CleanSpark profitable?

Yes. CleanSpark earned net income of $364.46M in fiscal 2025, a net margin of 47.6%. In fiscal 2024 it lost $145.78M.

What is CleanSpark's operating margin?

CleanSpark's operating income was −$107.03M on revenue of $766.31M in fiscal 2025, an operating margin of -14.0%, compared with -39.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition