
CleanSpark Income Statement 2028-1991 | CLSK
Brief overview of revenue and earnings at CleanSpark
The overview follows changes across a five-year period. According to figures from CleanSpark, revenue changed from 10 million dollars to 766 million dollars over five years. Overall revenue changed by +7541.2%, equal to an annualized rate of about 138%. This pace points to rapid expansion of the business.
Gross profit changed from $2.1 million to $423 million (+19854.9%). Direct costs grew more slowly than revenue and improved the economics of sales. At the margin level, the figure shifted from 21.1% to 55.2%. Improving gross profitability strengthens the quality of revenue growth.
Over the period, EBITDA shifted from −12.5 million dollars to 667 million dollars, a change of +5450.8%. EBITDA underperformed the top-line trend. EBITDA margin was −124.4% at the start and 87.1% at the end. Higher profitability strengthens the quality of operating growth.
Comparing the endpoints shows a move from −$23.3 million to $364 million. The return to profit marks a meaningful recovery in the final result.
Over the period, capitalization shifted from 72.1 million dollars to 3.3 billion dollars (+4510%). Valuation expanded much faster than the underlying results.
Summary assessment
The results point to consistent and sustainable progress. The positive side is supported by positive operating leverage, improving gross profitability and revenue expansion. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement CleanSpark
| 2028 | 2027 | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 1991 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
- | - | - | 3.32 B | 3.05 B | 777 M | 323 M | 177 M | 72.1 M | 18.8 M | 90.4 M | 111 M | 83.4 M | 57.7 M | 13.2 M | 9.6 M | - | - | - | - | - |
Shares |
- | - | - | 282 M | 217 M | 103 M | 42.6 M | 29.4 M | 9.55 M | 4.18 M | 3.45 M | 3.22 M | 2.25 M | 1.92 M | 1.07 M | 2.85 M | - | - | 36 M | - | - |
Historical Prices |
11.8 | 14.1 | 7.57 | 7.57 | 6.72 | 26.4 | 4.65 | 22.2 | 24.4 | 30 | - | - | - | - | - | ||||||
Net Income |
- | - | - | 364 M | -146 M | -138 M | -57.3 M | -21.8 M | -23.3 M | -26.1 M | -47 M | -13.5 M | -2.54 M | -3.49 M | -45.1 K | -31.8 K | -19.7 K | -37.8 K | -18.8 K | - | - |
Revenue |
- | - | - | 766 M | 379 M | 168 M | 132 M | 49.4 M | 10 M | 4.53 M | 579 K | 448 K | 82 K | - | 2.56 K | - | - | - | - | - | - |
Cost of Revenue |
- | - | - | 343 M | 166 M | 93.6 M | 41.2 M | 14 M | 7.91 M | 3.86 M | 391 K | 296 K | 31.3 K | - | 700 | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | - | - | 2.12 M | 672 K | 188 K | 152 K | 50.8 K | - | 1.86 K | - | - | - | - | - | - |
Operating Income |
- | - | - | 319 M | -149 M | -131 M | -37.9 M | -28.6 M | -15.1 M | -16.6 M | -7.08 M | -13.4 M | -2.54 M | -3.48 M | -59.2 K | -25 K | -14.2 K | -34 K | -19.6 K | - | - |
Interest Expense |
- | - | - | 11.3 M | 2.46 M | 2.98 M | 1.08 M | 154 K | 10.8 M | 9.48 M | 924 K | 2.9 K | 32 | 5.14 K | -45.9 K | -6.73 K | -5.57 K | -3.78 K | -1.65 K | - | - |
EBITDA |
7 K | 78 K | 415 K | 667 M | 5.57 M | -10.3 M | 11.2 M | -16.3 M | -12.5 M | -7.8 M | -4.32 M | -1.5 M | -1.96 M | -3.48 M | -57.7 K | -25 K | -14.2 K | -34 K | -19.6 K | - | - |
Operating Expenses |
- | - | - | - | - | - | - | - | 17.3 M | 10.4 M | 5.37 M | 4.97 M | 2.59 M | 3.48 M | 61.1 K | 25 K | 14.2 K | 34 K | - | - | - |
General and Administrative Expenses |
- | - | - | 52.6 M | 30.2 M | 20.8 M | 10.4 M | 5.29 M | 14.4 M | 7.01 M | 3.13 M | 1.65 M | 2.01 M | 3.42 M | 61.1 K | 25 K | 14.2 K | 34 K | 19.6 K | - | - |
All numbers in USD currency
Quarterly Income Statement CleanSpark
| 2026-Q2 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
268 M | 281 M | 284 M | 281 M | 281 M | 285 M | 271 M | 229 M | 209 M | 179 M | 160 M | 115 M | 97 M | 66.4 M | 55.7 M | 41.3 M | 41.3 M | 40.3 M | 27.4 M | 34 M | 25.9 M | 22.1 M | 7 M | 11.1 M | 22.1 M | 4.78 M | 4.06 M | 4.42 M | 4.78 M | 3.65 M | 34.2 M | 34.9 M | 36.5 M | 33.5 M | 31.8 M | 32.7 M | 33.5 M | 29.7 M | 20.8 M | 21.1 M | 29.7 M | 20.5 M | 18.8 M | 20.4 M | 20.5 M | 17.6 M | 16.7 M | 8.64 M | 2.08 M | 951 K | 951 K | 951 K | 951 K | 37.1 M | 951 K | 951 K | 951 K | 37.1 M | 37.1 M | 36 M | 37.1 M |
Net Income |
-378 M | -379 M | - | 257 M | -139 M | 247 M | - | -236 M | 127 M | 25.9 M | - | -14.2 M | -18.5 M | -29 M | -15 M | -29.3 M | -171 K | 14.5 M | -16.4 M | -16.7 M | 7.4 M | -7.17 M | -7.17 M | -7.17 M | -7.17 M | -1.92 M | -1.92 M | -1.92 M | -1.92 M | -2.28 M | -2.28 M | -2.28 M | -2.28 M | -1.06 M | -3.46 M | -1.45 M | -1.06 M | -793 K | -396 K | -134 K | -793 K | -72 K | -3.44 M | -54.8 K | -72 K | -191 K | -71.7 K | -10.9 K | -191 K | -10.2 K | -21.3 K | -5.53 K | -10.2 K | -9.74 K | -14.7 K | -4.49 K | -9.74 K | -6.13 K | -14.2 K | -10 K | -6.13 K |
Revenue |
- | - | - | - | - | - | - | 104 M | - | 73.8 M | - | 45.5 M | 42.5 M | 27.8 M | 105 M | 31 M | 37.2 M | 37.1 M | 17.3 M | 9.05 M | 8.12 M | 2.26 M | 8.07 M | 3.44 M | 2.26 M | 977 K | 2.21 M | 1.22 M | 977 K | 263 K | 467 K | 329 K | 263 K | 18.1 K | 389 K | 104 K | 18.1 K | 83.9 K | - | - | 83.9 K | - | - | - | - | - | 2.56 K | 2.56 K | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
81.7 M | 95.6 M | - | 90.1 M | 85.4 M | 70.3 M | - | 45.2 M | 34.3 M | 28.9 M | - | 20.7 M | 22.1 M | 20.4 M | 24.6 M | 10.3 M | 8.68 M | 5.64 M | 2.16 M | 1.15 M | 1.54 M | 1.33 M | 6.61 M | 2.85 M | 1.33 M | 883 K | 1.82 M | 1.01 M | 883 K | 223 K | 372 K | 288 K | 223 K | 6.47 K | 264 K | 71.3 K | 6.47 K | 18 K | - | - | 18 K | - | - | - | - | - | 700 | 700 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 925 K | - | 545 K | 704 K | 94.1 K | 388 K | 217 K | 94.1 K | 39.6 K | 94.8 K | 40.2 K | 39.6 K | 11.6 K | 125 K | 32.6 K | 11.6 K | 65.9 K | - | - | 65.9 K | - | - | - | - | - | 1.86 K | 1.86 K | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-346 M | -317 M | - | 246 M | -138 M | 210 M | - | -249 M | 137 M | 28.5 M | - | -15.6 M | -17.5 M | -28.9 M | 2.79 M | -15.3 M | 2.8 M | 15.3 M | -15.6 M | -12 M | -2.5 M | -6.17 M | -7.41 M | -2.14 M | -2.27 M | -2.99 M | - | -2.48 M | -2.59 M | -1.74 M | -3.12 M | -1.05 M | -1.74 M | -1.04 M | -3.33 M | -1.45 M | -1.04 M | -780 K | -397 K | -134 K | -780 K | -72 K | -3.43 M | -54.8 K | -72 K | -186 K | -25.7 K | -9.9 K | -186 K | -8.29 K | -16.4 K | -3.84 K | -8.29 K | -8.18 K | -10.6 K | -3.06 K | -8.18 K | -4.81 K | -11.5 K | -9.06 K | -4.81 K |
Interest Expense |
- | - | - | 3.45 M | 1.27 M | 1.56 M | - | 485 K | 526 K | 546 K | - | 689 K | 799 K | 889 K | 375 K | 314 K | 8 K | 53 K | 46.3 K | 18.9 K | 28.4 K | 1.34 K | -10.5 M | -7.07 M | 1.89 M | 1.56 M | -7.2 M | 1.5 M | 5.18 M | 517 K | 418 K | 369 K | 517 K | 16.1 K | 263 | 158 | 16.1 K | - | - | - | - | - | 5.14 K | -5.14 K | - | -5.14 K | -46 K | -997 | -5.14 K | -1.93 K | -4.91 K | -1.7 K | -1.93 K | -1.57 K | -4.1 K | -1.42 K | -1.57 K | -1.32 K | -2.64 K | -957 | -1.32 K |
EBITDA |
-123 M | -210 M | - | 341 M | -59.1 M | 276 M | - | -208 M | 169 M | 58.4 M | - | 6.26 M | 3.86 M | -9.55 M | 37.7 M | -535 K | 13.3 M | 22.7 M | -8.77 M | -9.87 M | -380 K | -5.05 M | -5.28 M | -1.4 M | -1.19 M | -2.36 M | 1.28 M | -1.82 M | -1.96 M | -1.58 M | -2.49 M | -632 K | -1.58 M | -825 K | -1.82 M | -815 K | -480 K | -291 K | -363 K | -113 K | -291 K | -64.9 K | -3.43 M | -53.4 K | -64.9 K | -186 K | -24.9 K | -9.9 K | -186 K | -8.29 K | -16.4 K | -3.84 K | -8.29 K | -8.18 K | -10.6 K | -3.06 K | -8.18 K | -4.81 K | -11.5 K | -9.06 K | -4.81 K |
Operating Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.09 M | - | 2.69 M | 2.98 M | 3.09 M | 7.19 M | 2.69 M | 3.09 M | 1.78 M | 3.22 M | 1.1 M | 1.78 M | 1.05 M | 3.45 M | 1.48 M | 1.05 M | 846 K | 397 K | 134 K | 846 K | 72 K | 3.43 M | 54.8 K | 72 K | 186 K | 27.6 K | 11.8 K | 186 K | 8.29 K | 16.4 K | 3.84 K | 4.41 K | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
16.1 M | 15.4 M | - | 16.6 M | 11.7 M | 10.1 M | - | 8.24 M | 6.82 M | 5 M | - | 5.06 M | 4.33 M | 3.72 M | 6.71 M | 2.12 M | 2.77 M | 1.82 M | 2.94 M | 1.19 M | 1.24 M | 950 K | 821 K | 279 K | 950 K | 231 K | 479 K | 222 K | 231 K | 97 K | 199 K | 58.5 K | 97 K | 75.9 K | 256 K | 110 K | 75.9 K | 67.3 K | 42.3 K | 15.7 K | 67.3 K | 17.1 K | 39.2 K | 8.26 K | 17.1 K | 17.8 K | 13 K | 9.46 K | 17.8 K | 8.29 K | 16.4 K | 3.84 K | 8.29 K | 8.18 K | 10.6 K | 3.06 K | 8.18 K | 4.81 K | 11.5 K | 9.06 K | 4.81 K |
All numbers in USD currency
The income statement is one of the three key financial reports of a company CleanSpark (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.