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MARKETS / NASDAQ / CLSK
NASDAQ · FINANCE SERVICES · LARGE CAP

Cleanspark, Inc. CLSK

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$766.3M
▲ 102.2% YoY
$364.5M
$-605.7M
In brief

What this company does

The company independently owns, leases, and operates a portfolio of data centers and power assets across the United States, with locations in Georgia, Tennessee, Mississippi, and Wyoming, for a total contracted power capacity of approximately 1,027 megawatts as of September 30, 2025. It obtains bitcoin from its mining operations by contributing all of its computing power to a single mining pool operator, which is currently its sole customer. As of September 30, 2025, its operating mining units produced an average computing power of 45.6 exahash per second, reaching a peak of 50 EH/s during the period. It owned approximately 336,544 miners, of which approximately 241,934 were in service as of September 30, 2025. As of September 30, 2025, the company had 314 staff members, all located in the United States, of which 309 were full time. CleanSpark, Inc. is a Nevada corporation with its principal executive offices in Henderson, Nevada. The Company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016.

Written from the business description in CleanSpark, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 November 2025. Every sentence was checked against that document before publication.

Growth
USD 766.3M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 766.3 · Net income 364.5
400M-50M-100M201020122014201620182020202220242025
Compound annual growth
+79.9%
+138.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +138.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
46 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 41.6% · Net 46.1%
-5000%201020122014201620182020202220242025
ROE
FY2025 · ROE 18.5%
-200%-400%201020122014201620182020202220242025

Each USD of equity produced 19 cents of profit this year.

Cash & shareholders
USD 145.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -605.7
-250.0M-500.0M201020122014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 145.0
50M100M202320242025

USD 145.0M in buybacks — 40% of the year's profit went back to shareholders.

Total assetsUSD 3.2B
EquityUSD 2.2B
CashUSD 43.0M
Gross debtUSD 644.6M
Net debtUSD 601.6M
Current ratio4.18×

Net debt stands at 28% of equity.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.80.40.20.10.00.00.00.00.00.0·0.00.00.00.00.0
Operating income $B0.3−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B0.70.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0····
Income tax $B0.00.00.00.00.0···−0.0−0.00.0−0.0−0.00.00.00.0
Net income $B0.4−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.6−0.3−0.10.1−0.2−0.0−0.0−0.0−0.0−0.0−0.0·····
EPS, diluted $··−1.30·−0.75−2.44−6.25····−0.01−0.03−0.02−0.01−0.01
Dividend / sh $················
Payout %················
ROE %18.5−12.0−25.6−16.2−13.5−132.2−149.5−258.3−50.9−15.2−474.1−14.9····
Shares out B0.280.270.160.060.040.020.00·····0.000.000.040.04

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 64 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 26 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityFinance Services
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsSeptember 30
Data on record since2010

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