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CleanSpark, Inc. operates as a bitcoin mining company in the Americas. The company owns, leases, and operates data centers and power assets. Its infrastructure supports Bitcoin, a digital commodity. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $766M | $763M | $364M | $-1.0B | 16.8% | 102.2% | -350.0% |
| 2024 | $379M | $15M | $-146M | $-1.0B | -8.3% | 125.0% | 5.5% |
| 2023 | $168M | $-8M | $-138M | $-318M | -20.4% | 28.0% | 141.0% |
| 2022 | $132M | $10M | $-57M | $-117M | -14.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 766.31 |
| Operating Revenue | 766.31 |
| Cost Of Revenue | 447.48 |
| Gross Profit | 318.83 |
| Operating Expense | 425.87 |
| Selling General And Administration | 66.41 |
| Total Expenses | 873.35 |
| Operating Income | -107.03 |
| Total Operating Income As Reported | 318.95 |
| EBITDA | 763.24 |
| Normalized EBITDA | 764.46 |
| EBIT | 414.91 |
| Interest Income | 4.12 |
| Interest Expense | 11.34 |
| Net Interest Income | -7.21 |
| Other Non Operating Income Expenses | 519.03 |
| Other Income Expense | 517.82 |
| Interest Income Non Operating | 4.12 |
| Interest Expense Non Operating | 11.34 |
| Net Non Operating Interest Income Expense | -7.21 |
| Pretax Income | 403.58 |
| Tax Provision | 39.11 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | -0.12 |
| Net Income Continuous Operations | 364.46 |
| Net Income From Continuing And Discontinued Operation | 364.46 |
| Net Income From Continuing Operation Net Minority Interest | 364.46 |
| Net Income | 364.46 |
| Net Income Common Stockholders | 353.32 |
| Net Income Including Noncontrolling Interests | 364.46 |
| Normalized Income | 365.56 |
| Diluted NI Availto Com Stockholders | 353.32 |
| Basic Average Shares | 282.18 |
| Diluted Average Shares | 317.76 |
| Reconciled Depreciation | 348.34 |
| Reconciled Cost Of Revenue | 447.48 |
| Total Unusual Items | -1.21 |
| Total Unusual Items Excluding Goodwill | -1.21 |
| Preferred Stock Dividends | 11.14 |
| Net Income Discontinuous Operations | 0 |
| Special Income Charges | 0.34 |
| Write Off | 0 |
| Impairment Of Capital Assets | 0 |
| Restructuring And Mergern Acquisition | 0 |
| Gain On Sale Of Security | -1.55 |
| Depreciation Amortization Depletion Income Statement | 348.34 |
| Depreciation And Amortization In Income Statement | 348.34 |
| General And Administrative Expense | 66.41 |
| Other Gand A | 66.41 |
| Salaries And Wages | - |
| Gain On Sale Of Ppe | 0.34 |
| Amortization | - |
| Amortization Of Intangibles Income Statement | - |
| Depreciation Income Statement | - |
| Other Taxes | 11.12 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CleanSpark, Inc.this co. | CLSK | $4.3B | 11.81 | 1.98 | 16.8% | 6.67 |
| Radian Group Inc. | RDN | $4.5B | 7.67 | 0.93 | 12.2% | - |
| MarketAxess Holdings Inc. | MKTX | $4.3B | 17.38 | 3.74 | 21.5% | 8.95 |
| ServisFirst Bancshares, Inc. | SFBS | $4.3B | 15.41 | 2.30 | 15.0% | - |
| Fulton Financial Corporation | FULT | $4.2B | 10.70 |
| - |
| - |
| - |
| - |
| - |
| 1.27 |
| 11.9% |
| - |
| Enova International, Inc. | ENVA | $4.2B | 13.55 | 3.12 | 23.1% | 19.25 |
| Sezzle Inc. | SEZL | $4.1B | 30.56 | 23.96 | 78.4% | 25.25 |
| United Community Banks, Inc. | UCB | $4.0B | 12.12 | 1.09 | 9.0% | - |
| Cathay General Bancorp | CATY | $3.9B | 12.38 | 1.33 | 10.8% | - |
| Peer Median | - | 12.96 | 1.82 | 13.6% | 19.25 | |