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CleanSpark CLSK Operating margin

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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
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.

Based on trailing twelve months.

The source filing: CleanSpark’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 5:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338382

FAQ

What is CleanSpark's operating margin?
CleanSpark (CLSK) reported operating margin of 41.6% in Q3 2025.
How has CleanSpark's operating margin changed year-over-year?
CleanSpark's operating margin increased by 205.8% year-over-year, from -39.3% to 41.6%.
What is the long-term trend for CleanSpark's operating margin?
Over 3 years (2022 to 2025), CleanSpark's operating margin has grown at a 13.1% compound annual growth rate (CAGR), from -28.8% to 41.6%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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