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CleanSpark CLSK Total Revenue

Discontinued — last reported Q4 '25

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Other financials

Income statement

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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

Reported directly by CleanSpark in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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

Filed
Nov 25, 2025
Fiscal year
FY2025
Accession
0001193125-25-297510
Line itemFor the year ended September 30, 2025For the year ended September 30, 2024For the year ended September 30, 2023
Revenues, net
Bitcoin mining revenue, net$766,314$378,968$168,121
Other services revenue287
Total revenues, net$766,314$378,968$168,408
Costs and expenses
Cost of revenues (exclusive of depreciation and amortization)343,101165,51693,580
Professional fees13,78513,80610,869
Payroll expenses104,37974,09545,714

Item 8. Financial Statements and Supplementary Data

FAQ

What is CleanSpark's total revenue?
CleanSpark (CLSK) reported total revenue of $191.58M in Q3 2025.
How has CleanSpark's total revenue changed year-over-year?
CleanSpark's total revenue increased by 114.6% year-over-year, from $89.28M to $191.58M.
What is the long-term trend for CleanSpark's total revenue?
Over 4 years (2021 to 2025), CleanSpark's total revenue has grown at a 107.4% compound annual growth rate (CAGR), from $41.41M to $766.31M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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