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CleanSpark CLSK Impairment Charges

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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$2.98B+7.3%

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

Reported directly by CleanSpark in its filing.

Tagged under the XBRL concept us-gaap:TangibleAssetImpairmentCharges.

The source filing: CleanSpark’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-217036
Line itemFor the three months ended March 31, 2026For the three months ended March 31, 2025For the six months ended March 31, 2026For the six months ended March 31, 2025
Loss (gain) on fair value of bitcoin, net224,107127,667470,939(90,539)
Depreciation and amortization115,88178,901222,192145,130
Indirect tax contingency expenses1,7314,893
Impairment expense - fixed assets1,398
Impairment expense - other4,0084,008
Total costs and expenses$482,087$319,736$979,821$272,066
(Loss) income from operations(345,679)(138,024)(662,233)71,952
Other (expense) income

Item 1. Financial Statements

FAQ

What is CleanSpark's impairment charges?
CleanSpark (CLSK) reported impairment charges of $0 in Q1 2026.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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