CLEANSPARK, INC.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Sep 30, 2025 · FY), CLEANSPARK, INC. reported revenue of $766.3M (+102.2% year on year) and net income of $364.5M (+350.0% year on year).
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Bitcoin mining revenue, net | $766.3M | $379.0M | $168.1M | $131.0M |
| Other services revenue | $0 | $0 | $287.0K | $524.8K |
| Total revenues, net | $766.3M | $379.0M | $168.4M | $131.5M |
| Cost of revenues (exclusive of depreciation and amortization shown below) | $343.1M | $165.5M | $93.6M | $41.2M |
| Professional fees | $13.8M | $13.8M | $10.9M | $6.5M |
| Payroll expenses | $104.4M | $74.1M | $45.7M | $40.9M |
| General and administrative expenses | $52.6M | $30.2M | $20.8M | $10.4M |
| (Gain) loss on disposal of assets | ($336.0K) | $5.5M | $1.9M | ($642.7K) |
| Gain on fair value of bitcoin, net | ($425.6M) | ($113.4M) | — | — |
| Depreciation and amortization | $348.3M | $154.6M | $120.7M | $49.0M |
| Indirect tax contingency expenses | $11.1M | — | — | — |
| Impairment expense - bitcoin | $0 | $0 | $7.2M | $12.2M |
| Impairment expense - fixed assets | $0 | $197.0M | — | — |
| Impairment expense - other | $0 | $716.0K | $0 | $250.0K |
| Realized gain on sale of bitcoin | $0 | $0 | ($1.4M) | ($2.6M) |
| Total costs and expenses | $447.4M | $528.0M | $299.5M | $169.4M |
| Income (loss) from operations | $318.9M | ($149.0M) | ($131.0M) | ($37.9M) |
| Gain on fair value of contingent consideration | $0 | $0 | $2.5M | $305.7K |
| Gain on bitcoin collateral | $92.2M | — | — | — |
| Loss on derivative securities, net | ($1.5M) | ($965.0K) | ($259.0K) | ($1.9M) |
| Interest income | $4.1M | $8.6M | $481.0K | $190.5K |
| Interest expense | ($11.3M) | ($2.5M) | ($3.0M) | ($1.1M) |
| Other Income | $1.2M | $0 | $11.0K | $308.0K |
| Total other income (expense) | $84.6M | $6.6M | ($260.0K) | ($2.2M) |
| Income (loss) before income tax expense (benefit) | $403.6M | ($142.4M) | ($131.3M) | ($40.1M) |
| Income tax expense | $39.1M | $3.3M | $857.0K | $0 |
| Income (loss) from operations | $364.5M | ($145.8M) | ($132.2M) | ($40.1M) |
| (Loss) from discontinued operations | $0 | $0 | ($4.4M) | ($17.2M) |
| (Loss) on discontinued operations | $0 | $0 | ($4.4M) | ($17.2M) |
| Net income (loss) | $364.5M | ($145.8M) | ($136.6M) | ($57.3M) |
| Preferred stock dividends | $11.1M | $3.4M | $0 | $335.4K |
| Net income (loss) attributable to common shareholders | $353.3M | ($149.2M) | ($136.6M) | ($57.7M) |
| Other comprehensive (loss) income, net of tax | ($418.0K) | $192.0K | $116.0K | — |
| Total comprehensive income (loss) attributable to common shareholders | $352.9M | ($149.0M) | ($136.5M) | ($57.5M) |
| Income (loss) from continuing operations per common share - basic | $1.25 | ($0.69) | ($1.29) | ($0.95) |
| Income (loss) from continuing operations per common share - diluted | $1.12 | ($0.69) | ($1.29) | ($0.95) |
| (Loss) on discontinued operations per common share - basic | $0 | $0 | ($0.04) | ($0.4) |
| Weighted average common shares outstanding - basic | 282.2M | 216.9M | 102.7M | 42.6M |
| (Loss) on discontinued operations per common share - diluted | $0 | $0 | ($0.04) | ($0.4) |
| Weighted average common shares outstanding - diluted | 317.8M | 216.9M | 102.7M | 42.6M |
| Line item | Jun 30, 2026 · Q3 | Mar 31, 2026 · Q2 | Dec 31, 2025 · Q1 | Jun 30, 2025 · Q3 |
|---|---|---|---|---|
| Bitcoin mining revenue, net | $138.0M | $136.4M | $181.2M | $198.6M |
| Cost of revenues (exclusive of depreciation and amortization) | $85.5M | $81.7M | $95.6M | $90.1M |
| Professional fees | $7.1M | $9.7M | $5.4M | $3.0M |
| Payroll expenses | $27.8M | $24.9M | $23.8M | $16.4M |
| General and administrative expenses | $18.3M | $16.1M | $15.4M | $16.6M |
| Loss (gain) on disposal of assets | $2.9M | $4.0M | ($223.0K) | $156.0K |
| Loss (gain) on fair value of bitcoin, net | $116.3M | $224.1M | $246.8M | ($268.7M) |
| Depreciation and amortization | $111.0M | $115.9M | $106.3M | $94.9M |
| Indirect tax contingency expenses | $1.5M | $1.7M | $3.2M | — |
| Impairment expense - other | $0 | $4.0M | — | $0 |
| Total costs and expenses | $370.4M | $482.1M | $497.7M | ($47.5M) |
| (Loss) income from operations | ($232.4M) | ($345.7M) | ($316.6M) | $246.2M |
| (Loss) gain on bitcoin collateral | ($16.5M) | ($38.8M) | ($103.6M) | $31.4M |
| Gain (loss) on derivative securities, net | $5.7M | ($4.8M) | $11.8M | ($430.0K) |
| Interest income | $2.1M | $3.1M | $2.2M | $355.0K |
| Interest expense | ($2.0M) | ($2.1M) | ($3.7M) | ($3.5M) |
| Other income | $318.0K | — | — | $1.5M |
| Total other (expense) income | ($10.4M) | ($42.6M) | ($93.6M) | $29.3M |
| (Loss) income before income tax (benefit) expense | ($242.8M) | ($388.2M) | ($410.1M) | $275.5M |
| Income tax (benefit) expense | ($3.0M) | ($9.9M) | ($31.4M) | $18.1M |
| Net (loss) income | ($239.8M) | ($378.3M) | ($378.7M) | $257.4M |
| Preferred stock dividends, including deemed dividend | $0 | $30.0M | $0 | $5.6M |
| Net (loss) income attributable to common shareholders | ($239.8M) | ($408.3M) | ($378.7M) | $251.8M |
| Other comprehensive (loss) income, net of tax | $0 | $0 | $0 | ($223.0K) |
| Total comprehensive (loss) income attributable to common shareholders | ($239.8M) | ($408.3M) | ($378.7M) | $251.6M |
| (Loss) income from operations per common share - basic | ($0.89) | ($1.52) | ($1.35) | $0.9 |
| Weighted average common shares outstanding - basic | 268.4M | 267.8M | 281.5M | 281.0M |
| (Loss) income from operations per common share - diluted | ($0.89) | ($1.52) | ($1.35) | $0.78 |
| Weighted average common shares outstanding - diluted | 268.4M | 267.8M | 281.5M | 325.6M |
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $43.0M | $121.2M | $29.2M | $20.5M |
| Restricted Cash | $3.5M | $3.1M | — | — |
| Prepaid expense and other current assets | $11.9M | $8.0M | $12.0M | $7.9M |
| Bitcoin - current | $966.8M | $431.7M | — | — |
| Receivable from bitcoin collateral | $294.6M | $77.8M | — | — |
| Note receivable from GRIID | $0 | $60.9M | — | — |
| Derivative investments | $233.0K | $1.8M | $2.7M | $3.0M |
| Investment in debt security, AFS, at fair value | $0 | $918.0K | $726.0K | $610.1K |
| Total current assets | $1.3B | $705.4M | $102.2M | $50.8M |
| Bitcoin - noncurrent | $222.6M | — | — | — |
| Property and equipment, net | $1.4B | $869.7M | $564.4M | $376.8M |
| Right of use assets | $4.3M | $3.3M | $688.0K | $550.9K |
| Intangible assets, net | $5.8M | $3.0M | $4.6M | $6.5M |
| Deposits on miners and mining equipment | $112.0M | $359.9M | $76.0M | $12.5M |
| Other long-term asset | $23.5M | $13.3M | $5.7M | $4.0M |
| Goodwill | $131.7M | $8.0M | $8.0M | $0 |
| Total assets | $3.2B | $2.0B | $761.6M | $452.6M |
| Accounts payable | $15.2M | $83.0M | — | — |
| Accrued liabilities | $117.5M | $43.9M | — | — |
| Other current liabilities | $6.1M | $2.2M | — | — |
| Current portion of debt | $176.6M | $58.8M | $7.0M | $7.8M |
| Dividends payable | $396.0K | — | $0 | $20.8K |
| Total current liabilities | $315.8M | $187.9M | $74.1M | $34.0M |
| Long-term debt, net of current portion, debt discount and debt issuance costs | $644.6M | $7.2M | $8.9M | $13.4M |
| Deferred income taxes | $44.9M | $5.8M | $857.0K | — |
| Other long-term liabilities | $3.3M | — | — | — |
| Total liabilities | $1.0B | $201.8M | $84.4M | $48.6M |
| Preferred stock; $0.001 par value; 10,000,000 shares authorized; Series A shares; 2,000,000 authorized; 1,750,000 issued and outstanding (liquidation preference $0.02 per share) Series X shares; 0 and 1,000,000 authorized, issued and outstanding, respectively | $2000.00 | $3000.00 | $2000.00 | $1750.00 |
| Common stock; $0.001 par value; 600,000,000 and 300,000,000 shares authorized; 296,087,533 and 270,897,784 shares issued; 284,327,598 and 270,897,784 shares outstanding, respectively | 296.0K | 271.0K | 160.0K | 55.7K |
| Additional paid-in capital | $2.4B | $2.2B | $1.0B | $599.9M |
| Accumulated other comprehensive income | $0 | $418.0K | $226.0K | $110.1K |
| Accumulated deficit | ($125.9M) | ($479.2M) | ($332.6M) | ($196.1M) |
| Treasury stock at cost; 11,759,935 and 0 shares held, respectively | -145.0M | — | — | — |
| Total stockholders' equity | $2.2B | $1.8B | $677.2M | $404.0M |
| Total liabilities and stockholders' equity | $3.2B | $2.0B | $761.6M | $452.6M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $202.6M | $260.3M | $458.1M | $34.6M |
| Restricted cash | $3.7M | $3.2M | $3.2M | $3.5M |
| Prepaid expense and other current assets | $20.9M | $47.7M | $35.1M | $11.3M |
| Bitcoin - current | $592.1M | $674.4M | $830.1M | $877.1M |
| Receivable from bitcoin collateral | $100.6M | $111.9M | $144.2M | $271.5M |
| Derivative investments | $922.0K | $1.5M | $0 | $7.8M |
| Total current assets | $920.8M | $1.1B | $1.5B | $1.2B |
| Bitcoin - noncurrent | $122.2M | $138.8M | $171.9M | $202.7M |
| Property and equipment, net | $1.3B | $1.3B | $1.4B | $1.3B |
| Operating lease right of use assets | $4.5M | $5.3M | $3.8M | $4.7M |
| Intangible assets, net | $3.7M | $4.3M | $4.9M | $7.0M |
| Deposits on miners and mining equipment | $86.3M | $137.4M | $130.2M | $196.2M |
| Other long-term assets | $97.9M | $63.4M | $54.6M | $23.1M |
| Goodwill | $131.7M | $131.7M | $131.7M | $128.8M |
| Total assets | $2.7B | $2.9B | $3.3B | $3.1B |
| Accounts payable | $11.2M | $18.1M | $22.1M | $23.5M |
| Accrued liabilities | $131.3M | $101.5M | $103.7M | $64.5M |
| Other current liabilities | $10.8M | $11.0M | $11.2M | $6.8M |
| Current portion of debt | $2.4M | $2.5M | $2.5M | $176.4M |
| Dividends payable | $0 | $0 | $0 | $5.6M |
| Total current liabilities | $155.8M | $133.1M | $139.5M | $276.8M |
| Long-term debt, net of current portion, debt discount and debt issuance costs | $1.8B | $1.8B | $1.8B | $643.9M |
| Deferred income taxes | $597.0K | $3.6M | $13.5M | $30.8M |
| Other long-term liabilities | $4.6M | $2.5M | $4.2M | $3.4M |
| Total liabilities | $1.9B | $1.9B | $1.9B | $954.9M |
| Preferred stock; $0.001 par value; 10,000,000 shares authorized: Series A shares; 2,000,000 authorized; 1,750,000 issued and outstanding (liquidation preference $0.02 per share) | $2000.00 | $2000.00 | $2000.00 | $2000.00 |
| Common stock; $0.001 par value; 600,000,000 shares authorized; 299,161,671 and 296,087,533 shares issued; 256,796,280 and 284,327,598 shares outstanding, respectively | 299.0K | 299.0K | 298.0K | 293.0K |
| Additional paid-in capital | $2.5B | $2.5B | $2.5B | $2.4B |
| Accumulated deficit | ($1.2B) | ($912.9M) | ($504.6M) | ($124.6M) |
| Treasury stock at cost; 42,365,391 and 11,759,935 shares held, respectively | -608.2M | -608.2M | -608.3M | -145.0M |
| Total stockholders' equity | $761.3M | $986.2M | $1.4B | $2.1B |
| Total liabilities and stockholders' equity | $2.7B | $2.9B | $3.3B | $3.1B |
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Net loss | $364.5M | ($145.8M) | ($136.6M) | ($57.3M) |
| Less: Loss from discontinued operations | $0 | $0 | $4.4M | $17.2M |
| Bitcoin mining revenue, net | ($766.3M) | ($379.0M) | ($168.1M) | ($131.0M) |
| Gain on fair value of bitcoin, net | ($425.6M) | ($113.4M) | — | — |
| Proceeds from sale of bitcoin | $0 | $0 | $116.3M | $133.2M |
| Realized gain on sale of bitcoin | $0 | ($91.0K) | — | — |
| Bitcoin issued for services | $1.9M | $1.1M | $720.0K | $611.2K |
| Impairment expense - fixed assets | $0 | $197.0M | — | — |
| Impairment expense - other | $0 | $716.0K | — | — |
| Impairment expense - bitcoin | $0 | — | — | — |
| Loss on derivative securities, net | $1.5M | — | — | — |
| Gain on fair value of contingent consideration | $0 | $0 | ($2.5M) | ($345.8K) |
| Gain on bitcoin collateral | ($92.2M) | $0 | ($1.4M) | ($2.6M) |
| Stock based compensation | $45.3M | $29.6M | $24.1M | $31.5M |
| Depreciation and amortization | $348.3M | $154.6M | $120.7M | $49.0M |
| Deferred income taxes, net | $39.1M | — | — | — |
| (Gain) loss on disposal of assets | ($336.0K) | $5.5M | $1.9M | ($642.7K) |
| Other | $3.2M | — | — | — |
| Decrease in operating lease liabilities | ($1.1M) | ($287.0K) | ($70.0K) | ($104.1K) |
| Increase in accounts payable and accrued liabilities | $32.8M | $19.7M | $7.7M | $16.0M |
| Increase (decrease) in prepaid expenses and other current assets | ($5.1M) | ($3.4M) | ($4.3M) | ($2.4M) |
| Increase Decrease In Other Long Term Assets | ($7.2M) | — | — | — |
| Net cash (used in) provided by operating activities of continuing operations | ($461.0M) | ($233.2M) | ($31.7M) | $77.8M |
| Net cash (used in) provided by operating activities of discontinued operations | $0 | ($508.0K) | $1.3M | ($6.4M) |
| Net cash (used in) provided by operating activities | ($461.0M) | ($233.7M) | ($30.4M) | $71.4M |
| Payments on miners and mining equipment (including deposits) | ($418.2M) | ($740.3M) | ($239.4M) | — |
| Purchase of fixed assets | ($144.7M) | ($66.1M) | ($61.5M) | ($19.3M) |
| Purchase of bitcoin | ($160.2M) | — | — | — |
| Proceeds from sale of bitcoin and option settlement | $378.2M | $43.1M | — | — |
| Proceeds from sale of miners | $41.7M | $1.4M | $34.0K | $3.5M |
| Proceeds from sale of derivative contracts | $9.7M | — | — | — |
| Acquisition of GRIID Infrastructure | $1.4M | — | — | — |
| Asset acquisition - LaFayette, GA Location | ($1.4M) | — | — | — |
| Asset acquisition - Twin City, GA Location | ($5.5M) | — | — | — |
| Asset Acquisition - Tennessee Locations | ($8.1M) | ($18.4M) | — | — |
| Asset Acquisition - Wyoming Locations | $0 | ($25.9M) | — | — |
| Asset acquisition - LN Energy | $0 | ($25.9M) | — | — |
| Asset Acquisition - Mississippi Locations | $0 | ($19.8M) | — | — |
| Asset acquisition - Dalton, GA Locations | $0 | — | — | — |
| Asset acquisition - Land in Sandersville, GA | $0 | ($1.0M) | — | — |
| Acquisition of Mawson | $0 | $0 | ($22.5M) | ($3.4M) |
| Notes receivable from GRIID | $0 | ($60.9M) | — | — |
| Other | $1.5M | — | — | — |
| Net cash used in investing activities of continuing operations | ($305.7M) | ($920.4M) | ($334.2M) | ($211.0M) |
| Net cash provided by investing activities of discontinued operations | $0 | $0 | $2.3M | $0 |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · YTD | Dec 31, 2025 · Q1 | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net (loss) income | ($996.9M) | ($757.1M) | ($378.7M) | $365.4M |
| Bitcoin mining revenue, net | ($455.6M) | ($317.6M) | ($181.2M) | ($542.7M) |
| Loss (gain) on fair value of bitcoin, net | $587.2M | $470.9M | $246.8M | ($359.2M) |
| Bitcoin issued for services | $1.9M | $1.3M | $712.0K | $1.4M |
| Impairment expense - other | $5.4M | $4.0M | — | $0 |
| (Gain) loss on derivative securities, net | ($12.6M) | ($7.0M) | ($11.8M) | $1.5M |
| Loss (gain) on bitcoin collateral | $159.0M | $142.5M | $103.6M | ($73.8M) |
| Stock based compensation | $38.7M | $24.2M | $12.1M | $10.6M |
| Depreciation and amortization | $333.2M | $222.2M | $106.3M | $240.0M |
| Deferred income taxes, net | ($44.3M) | ($41.3M) | ($31.4M) | $24.3M |
| Loss (gain) on disposal of assets | $6.7M | $3.8M | ($223.0K) | ($2.9M) |
| Other | $6.8M | $4.5M | $2.1M | $2.5M |
| Decrease in operating lease liabilities | ($1.2M) | ($881.0K) | ($425.0K) | ($656.0K) |
| Decrease in accounts payable and accrued liabilities | ($13.8M) | ($24.8M) | ($16.5M) | $1.6M |
| Increase in prepaid expenses and other current assets | $3.5M | $3.9M | $1.3M | ($3.9M) |
| Increase in other long-term assets | ($27.2M) | ($27.0M) | ($15.2M) | ($5.9M) |
| Net cash used in operating activities | ($409.3M) | ($297.0M) | ($161.1M) | ($341.6M) |
| Payments on miners and mining equipment, including deposits | ($32.4M) | ($14.8M) | ($18.5M) | ($382.3M) |
| Purchase of fixed assets | ($80.6M) | ($74.5M) | ($36.9M) | ($134.0M) |
| Purchase of bitcoin and settlement of bitcoin-linked put options | ($146.3M) | ($162.8M) | ($26.2M) | — |
| Proceeds from sale of bitcoin and option settlement | $471.3M | $342.8M | $175.3M | $127.6M |
| Proceeds from sale of miners | $3.7M | $3.4M | $3.1M | $42.8M |
| Cash posted to collateralize derivative contracts | ($5.9M) | — | — | — |
| Purchase of derivative contracts | ($20.4M) | ($16.9M) | ($872.0K) | — |
| Proceeds from sale of derivative contracts | $45.8M | $34.0M | $14.1M | $409.0K |
| Asset acquisition - Austin County, TX Location | ($35.3M) | ($20.2M) | — | — |
| Asset acquisition - Brazoria County, TX Location | ($38.2M) | ($28.7M) | — | — |
| Asset acquisition - Other Locations | ($13.3M) | ($13.3M) | ($1.4M) | — |
| Investment in Other Entities | ($44.1M) | — | — | — |
| Acquisition of GRIID Infrastructure | $0 | $0 | $0 | $1.4M |
| Asset acquisition - LaFayette, GA Location | $0 | — | — | ($1.4M) |
| Asset acquisition - Twin City, GA Location | $0 | $0 | — | ($5.5M) |
| Asset acquisition - Tennessee Locations | $0 | $0 | $0 | ($8.1M) |
| Net cash provided by (used in) investing activities | $104.5M | $49.0M | $79.6M | ($441.2M) |
| Purchase of treasury stock | ($460.0M) | ($460.0M) | ($460.0M) | ($145.0M) |
| Payments for capped call | $0 | $0 | $0 | ($90.3M) |
| Payments on debt | ($1.9M) | ($1.3M) | ($580.0K) | ($58.5M) |
| Payments on lines of credit | ($250.5M) | ($250.5M) | ($250.5M) | — |
| Proceeds from lines of credit | $76.0M | $76.0M | $76.0M | — |
| Payments of debt issuance costs | ($2.4M) | ($2.4M) | ($2.4M) | — |
| Payments on preferred dividends | ($30.4M) | ($30.4M) | ($396.0K) | ($5.1M) |
| Payments on finance leases | ($74.0K) | ($43.0K) | ($51.0K) | ($34.0K) |
| Proceeds from debt, net of issuance fees | $1.1B | $1.1B | $1.1B | $812.2M |
| Payments of taxes on shares withheld for net settlement of restricted stock units | -426.0K | -425.0K | 387.0K | -1.9M |
| Proceeds from exercise of options and warrants | $1.4M | $1.0M | $932.0K | $499.0K |
CLEANSPARK, INC. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.