In fiscal 2025, which ended Sep 30, 2025, CleanSpark, Inc. reported revenue of $766.3 million, up 102.2% from the year before. Net income was $364.5 million, a profit margin of 47.6%. Operating income came to $318.9 million, an operating margin of 41.6%. Across the 10 fiscal years shown, revenue grew from $82,031 in fiscal 2016 to $766.3 million in fiscal 2025, about 176.2% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2025
Sep 30, 2025
|
FY 2024
Sep 30, 2024
|
FY 2023
Sep 30, 2023
|
FY 2022
Sep 30, 2022
|
FY 2021
Sep 30, 2021
|
FY 2021
Sep 30, 2020
|
FY 2019
Sep 30, 2019
|
FY 2018
Sep 30, 2018
|
FY 2017
Sep 30, 2017
|
FY 2016
Sep 30, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
766
+102.2%
|
379
+125.0%
|
168
+28.0%
|
132
+1211.5%
|
39
|
10
|
5
+683.4%
|
1
+29.2%
|
0
+446.1%
|
0
+3110.6%
|
| Cost of revenue |
343
+107.3%
|
166
+76.9%
|
94
+126.9%
|
41
+421.4%
|
5
|
8
|
4
+888.1%
|
0
+31.9%
|
0
+847.7%
|
0
+4366.3%
|
| Gross profit |
423
+98.3%
|
213
+185.3%
|
75
-17.1%
|
90
+4157.3%
|
34
|
2
|
1
+257.5%
|
0
+23.9%
|
0
+198.8%
|
0
+2636.8%
|
| Research and development |
—
|
—
|
—
|
—
|
—
|
—
|
—
|
0
+1116.6%
|
0
-67.6%
|
0
-96.5%
|
| Selling, general and administrative |
53
+74.3%
|
30
+45.0%
|
21
+99.8%
|
10
+853.6%
|
6
|
1
|
1
+228.0%
|
0
-23.5%
|
0
+324.7%
|
0
+84.0%
|
| Other operating income (expense) |
85
+1180.3%
|
7
+2642.3%
|
-0
+88.3%
|
-2
-160.6%
|
4
|
—
|
—
|
—
|
—
|
—
|
| Operating income |
319
+314.0%
|
-149
-13.7%
|
-131
-246.1%
|
-38
-218.2%
|
-12
|
—
|
-17
-134.8%
|
-7
+47.1%
|
-13
-426.4%
|
-3
+27.0%
|
| Pretax income |
364
+350.0%
|
-146
-9.0%
|
-134
-233.6%
|
-40
|
—
|
—
|
—
|
—
|
—
|
—
|
| Income tax |
39
+1069.6%
|
3
+38.4%
|
2
|
0
|
—
|
—
|
—
|
—
|
-13
-1177.0%
|
-1
-535.8%
|
| Net income |
364
+350.0%
|
-146
-5.5%
|
-138
-141.0%
|
-57
-145.5%
|
-22
|
-23
|
-26
+44.4%
|
-47
-248.2%
|
-13
-431.3%
|
-3
+27.1%
|
| Basic EPS |
—
|
—
|
-1.30
|
—
|
—
|
—
|
-6.25
+54.1%
|
-13.62
-3142.9%
|
-0.42
-281.8%
|
-0.11
+38.9%
|
| Diluted EPS |
—
|
—
|
-1.30
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Weighted average shares, basic |
282
+30.1%
|
217
+111.1%
|
103
+141.0%
|
43
+346.2%
|
—
|
10
|
4
+21.0%
|
3
-89.3%
|
32
+42.8%
|
23
+17.2%
|
| Weighted average shares, diluted |
318
+46.5%
|
217
+111.1%
|
103
+141.0%
|
43
|
—
|
—
|
—
|
—
|
—
|
—
|
| Other measures | ||||||||||
| Depreciation and amortization |
348
+125.3%
|
155
+28.1%
|
121
+146.2%
|
49
|
—
|
—
|
2
+122.6%
|
1
-62.0%
|
2
+289.1%
|
1
+20559.1%
|
| EBITDA |
667
+11888.6%
|
6
+154.0%
|
-10
-192.3%
|
11
|
—
|
—
|
-15
-136.5%
|
-6
+44.1%
|
-11
-466.9%
|
-2
+43.6%
|
| Interest coverage |
28.14x
|
-60.71x
|
-44.02x
|
-35.12x
|
-81.65x
|
—
|
-1.75x
|
-2,444.19x
|
—
|
-79,414.09x
|
| Margins | ||||||||||
| Gross margin |
55.23%
|
56.32%
|
44.43%
|
68.65%
|
86.60%
|
21.15%
|
14.82%
|
32.47%
|
33.86%
|
61.89%
|
| Operating margin |
41.62%
|
-39.33%
|
-77.81%
|
-28.79%
|
-30.29%
|
—
|
-366.53%
|
-1,222.87%
|
-2,986.46%
|
-3,097.92%
|
| Pretax margin |
47.56%
|
-38.47%
|
-79.40%
|
-30.48%
|
—
|
—
|
—
|
—
|
—
|
—
|
| Profit margin |
47.56%
|
-38.47%
|
-82.03%
|
-43.59%
|
-55.52%
|
-232.79%
|
-576.18%
|
-8,123.63%
|
-3,013.31%
|
-3,097.08%
|
| EBITDA margin |
87.08%
|
1.47%
|
-6.13%
|
8.50%
|
—
|
—
|
-324.54%
|
-1,075.11%
|
-2,484.01%
|
-2,392.75%
|
| Effective tax rate |
10.73%
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- CLSK (Nasdaq), CLSKW (Nasdaq)
- Fiscal year ends
- September 30
- Incorporated in
- NV
- Headquarters
- Henderson, NV
- SEC filer status
- Large accelerated filer
- SEC CIK
- 827876
- Former names
- STRATEAN INC. (until Nov 8, 2016); SMARTDATA CORP (until Nov 24, 2014)
Other Finance Services companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.