CleanSpark, Inc. (CLSK) Income Statement
CLSK FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsCLSK revenue and net income
Where CLSK's revenue goes
FY2025Each bar shows an amount and its share of revenue. CLSK kept 47.6% of revenue as net income.
CLSK profit margins
CLSK growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +102.2% | +79.9% | +138.0% | — |
| Gross profit | +128.8% | +86.2% | +172.5% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +334.5% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CLSK quarterly EPS vs estimates
CleanSpark beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 24, 2026 (estimate $-0.36).
CLSK income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $766.3M | $379.0M | $168.4M | $131.5M | $39.3M | $10.0M | $4.5M | $578,635 | $447,963 | $82,031 |
| Cost of revenue | $447.5M | $239.6M | $139.3M | $82.2M | $26.4M | $7.9M | $3.9M | $390,774 | $296,295 | $31,264 |
| Gross profit | $318.8M | $139.4M | $29.1M | $49.4M | $12.8M | $2.1M | $671,696 | $187,861 | $151,668 | $50,767 |
| Research & development | — | — | — | — | — | $163,918 | $1.5M | $1.4M | $591 | $1,826 |
| Sales, general & admin | $66.4M | $118.4M | $77.7M | $57.9M | $12.3M | $14.4M | $8.5M | $4.8M | $1.6M | $2.0M |
| Total operating expenses | −$115,000 | $288.4M | $160.2M | $87.2M | $24.7M | $17.3M | $17.3M | $7.3M | $13.5M | $2.6M |
| Operating income | $318.9M | −$149.0M | −$131.0M | −$37.9M | −$11.9M | −$15.1M | −$16.6M | −$7.1M | −$13.4M | −$2.5M |
| Interest income | $4.1M | $8.6M | $481,000 | $190,540 | $221,488 | $308,804 | $9.5M | $39.9M | $2,900 | $30 |
| Interest expense | $11.3M | $2.5M | $3.0M | $1.1M | $145,728 | $10.8M | $9.5M | $924,454 | $2,895 | $32 |
| Income before taxes | $403.6M | −$142.4M | −$131.3M | −$40.1M | −$8.2M | −$23.3M | −$26.1M | −$47.0M | −$13.5M | −$2.5M |
| Income taxes | $39.1M | $3.3M | $2.4M | −$393 | $698,857 | $10.5M | $9.5M | −$39.0M | $2,895 | $32 |
| Net income | $364.5M | −$145.8M | −$138.1M | −$57.3M | −$21.8M | −$23.3M | −$26.1M | −$47.0M | −$13.5M | −$2.5M |
| EBITDA | $763.2M | $14.6M | −$7.6M | $10.0M | $1.3M | −$9.8M | −$13.3M | −$43.8M | −$10.2M | −$2.0M |
| EPS (diluted) | $1.26 | $0.29 | −$1.36 | −$0.98 | −$0.38 | −$2.71 | −$5.83 | −$10.93 | −$4.08 | −$1.09 |
| Gross margin | 41.6% | 36.8% | 17.3% | 37.5% | 32.7% | 21.1% | 14.8% | 32.5% | 33.9% | 61.9% |
| Operating margin | 41.6% | −39.3% | −77.8% | −28.8% | −30.3% | −151.0% | −366.5% | −1,222.9% | −2,986.5% | −3,097.9% |
| Net margin | 47.6% | −38.5% | −82.0% | −43.6% | −55.5% | −232.8% | −576.2% | −8,123.6% | −3,013.3% | −3,097.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $138.0M | $136.4M | $181.2M | $223.7M | $198.6M | $181.7M | $162.3M | $89.3M | $104.1M | $111.8M | $73.8M | $53.1M |
| Cost of revenue | $224.3M | $222.5M | $119.4M | $149.1M | $106.5M | $85.4M | $91.2M | $81.9M | $62.3M | $34.3M | $44.2M | $46.2M |
| Gross profit | −$86.3M | −$86.1M | $61.8M | $74.5M | $92.1M | $96.3M | $71.1M | $7.3M | $41.8M | $77.5M | $29.6M | $7.0M |
| Sales, general & admin | $25.4M | $25.8M | $20.8M | $18.2M | $19.6M | $30.0M | $13.9M | $15.8M | $29.8M | $25.8M | $6.6M | $25.6M |
| Total operating expenses | $25.4M | $25.8M | $378.3M | $73.7M | −$154.0M | $234.3M | −$138.8M | $72.9M | $290.9M | −$59.6M | $1.1M | $76.0M |
| Operating income | −$111.7M | −$111.8M | −$316.6M | $834,000 | $246.2M | −$138.0M | $210.0M | −$65.6M | −$249.1M | $137.1M | $28.5M | −$69.1M |
| Interest income | $2.1M | $3.1M | $2.2M | $280,000 | $355,000 | $2.0M | $1.5M | $2.6M | $2.6M | $2.7M | $586,000 | $307,000 |
| Interest expense | $2.0M | $2.1M | $3.7M | $5.1M | $3.5M | $1.3M | $1.6M | $898,000 | $485,000 | $526,000 | $546,000 | $600,000 |
| Income before taxes | −$242.8M | −$388.2M | −$410.1M | $13.9M | $275.5M | −$141.8M | $256.0M | −$62.3M | −$245.7M | $138.3M | $27.3M | −$68.5M |
| Income taxes | −$3.0M | −$9.9M | −$31.4M | $14.8M | $18.1M | −$3.0M | $9.2M | −$155,000 | −$9.5M | $11.6M | $1.4M | $857,000 |
| Net income | −$239.8M | −$378.3M | −$378.7M | −$925,000 | $257.4M | −$138.8M | $246.8M | −$62.2M | −$236.2M | $126.7M | $25.9M | −$74.9M |
| EBITDA | −$687,000 | $4.0M | −$300.1M | $127.3M | $373.8M | −$61.7M | $323.8M | −$9.6M | −$204.5M | $171.0M | $57.7M | −$9.7M |
| EPS (diluted) | −$0.40 | −$0.49 | −$1.32 | $0.16 | $0.78 | −$0.48 | $0.80 | $0.28 | −$0.18 | $0.04 | $0.15 | −$0.63 |
| Gross margin | −62.5% | −63.1% | 34.1% | 33.3% | 46.4% | 53.0% | 43.8% | 8.2% | 40.1% | 69.3% | 40.1% | 13.1% |
| Operating margin | −81.0% | −82.0% | −174.7% | 0.4% | 123.9% | −76.0% | 129.4% | −73.5% | −239.2% | 122.6% | 38.6% | −130.1% |
| Net margin | −173.8% | −277.4% | −209.0% | −0.4% | 129.6% | −76.4% | 152.1% | −69.6% | −226.9% | 113.4% | 35.1% | −141.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CLSK's financial statements (latest annual report filed November 25, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CLSK financial results
In fiscal year 2025 (ended September 30, 2025), CleanSpark reported revenue of $766.3 million, up 102.2% from the year before. It had net income of $364.5 million, a net profit margin of 47.6%. Diluted earnings per share came to $1.26. Over five years revenue grew at an average rate of 138.0% a year.
See the CLSK stock overview for the latest quote and news, or the CLSK chart for price history and technical indicators.
CLSK income statement FAQ
What is CleanSpark's annual revenue?
CleanSpark reported total revenue of $766.3 million for fiscal year 2025, which ended on September 30, 2025. That was up 102.2% from $379.0 million the previous year.
Is CleanSpark profitable?
Yes. CleanSpark reported net income of $364.5 million in fiscal 2025, a net profit margin of 47.6%; its operating margin was 41.6%.
What is CleanSpark's gross margin?
CleanSpark's gross margin was 41.6% in fiscal 2025: for every $100 of revenue, CleanSpark kept $42 after the direct cost of its products and services.
How fast is CleanSpark growing?
Revenue grew 138.0% a year on average over the last five fiscal years, from $10.0 million to $766.3 million.
What are CleanSpark's earnings per share?
CleanSpark earned $1.26 per diluted share in fiscal 2025, compared with $0.29 a year earlier.
When will CleanSpark report its next earnings?
CleanSpark is expected to report results for the quarter ending September 30, 2026 on November 24, 2026 after the market closes.
When does CleanSpark's fiscal year end?
CleanSpark's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 25, 2025.