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CleanSpark CLSK Impairment Expense Bitcoin

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Other financials

Income statement

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Revenue$191.6M+115%
Gross profit$105.8M+229%
Operating income-$345.7M-150%
Net income-$378.3M-173%
EPS (diluted)-$1.52-210%

Balance sheet

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Cash & equivalents$260.3M+168%
Total debt$709.0K-15.5%
Total equity$986.2M-47.8%
Total assets$2.9B+9.7%

Cash flow

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Operating cash flow-$135.8M-21.0%
CapEx$37.6M+10.3%
Free cash flow-$173.4M-18.5%

Valuation

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Market cap$4.42B+15.3%

Profitability

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Gross margin55.2%-1.1pp
Operating margin41.6%+28.0pp
Net margin47.7%+33.0pp
FCF margin-84.5%+17.8pp

Returns & leverage

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Return on equity-34.7%-67.6pp
Debt / equity0.0×
Current ratio8.3×-0.4×

Where this comes from

Reported directly by CleanSpark in its filing.

Tagged under the XBRL concept clsk:ImpairmentExpenseBitcoin.

The official record: CleanSpark’s 10-K, filed November 25, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is CleanSpark's impairment expense bitcoin?
CleanSpark (CLSK) reported impairment expense bitcoin of $0 in Q3 2025.
What is the long-term trend for CleanSpark's impairment expense bitcoin?
Over 2 years (2023 to 2025), CleanSpark's impairment expense bitcoin has grown at a -100.0% compound annual growth rate (CAGR), from $7.16M to $0.
What does impairment expense bitcoin mean?
Represents the non-cash accounting charge taken when the carrying value of digital asset holdings falls below their cost basis due to market price declines. This metric reflects the impact of market volatility on the balance sheet and the conservative accounting treatment of digital assets. It is a key measure of the downside risk associated with holding digital currencies.