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CleanSpark CLSK Debt-to-equity

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Other financials

Income statement

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Revenue$191.6M+115%
Gross profit$105.8M+229%
Operating income-$232.4M-194%
Net income-$239.8M-193%
EPS (diluted)-$0.89-214%

Balance sheet

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Cash & equivalents$202.6M+486%
Total debt$709.0K-15.5%
Total equity$761.3M-64.5%
Total assets$2.7B-12.9%

Cash flow

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Operating cash flow-$112.3M-2.2%
CapEx$6.1M-85.7%
Free cash flow-$118.4M+22.3%

Valuation

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Market cap$3.27B+5.9%

Profitability

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Gross margin55.2%-1.1pp
Operating margin41.6%+28.0pp
Net margin47.7%+33.0pp
FCF margin-79%-0.1pp

Returns & leverage

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Return on equity-68.6%-85.7pp
Current ratio5.9×+1.5×

Where this comes from

Calculated from CleanSpark’s reported figures.

Based on the most recent quarter.

The source filing: CleanSpark’s 10-K, filed November 25, 2025. Open the filing →

Filed
Nov 25, 2025
Fiscal year
FY2025
Accession
0001193125-25-297510

FAQ

What is CleanSpark's debt-to-equity?
CleanSpark (CLSK) reported debt-to-equity of 0× in Q3 2024.
How has CleanSpark's debt-to-equity changed year-over-year?
CleanSpark's debt-to-equity decreased by 66.7% year-over-year, from 0× to 0×.
What is the long-term trend for CleanSpark's debt-to-equity?
Over 3 years (2021 to 2024), CleanSpark's debt-to-equity has grown at a -48.9% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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