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CleanSpark CLSK Enterprise value

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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
Debt / equity0.0×
Current ratio5.9×+1.5×

Where this comes from

Calculated from CleanSpark’s reported figures.

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 enterprise value?
CleanSpark (CLSK) reported enterprise value of $2.24B in Q3 2024.
How has CleanSpark's enterprise value changed year-over-year?
CleanSpark's enterprise value increased by 305.6% year-over-year, from $553.2M to $2.24B.
What is the long-term trend for CleanSpark's enterprise value?
Over 3 years (2021 to 2024), CleanSpark's enterprise value has grown at a 69.2% compound annual growth rate (CAGR), from $463.25M to $2.24B.
What does enterprise value mean?
Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

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