NASDAQ$CLSK

Cleanspark Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Cleanspark Inc reported significantly higher bitcoin mining revenue and net income for the third quarter of 2025 compared to the prior year.

CleanSpark achieved bitcoin mining revenue of $198.6 million in Q3 2025, up 91% year-over-year, driven by expanded mining capacity and higher bitcoin prices. The company recorded net income of $257.4 million and operating income of $246.2 million, reflecting substantial unrealized gains on its bitcoin holdings. Total assets grew to $3.1 billion with bitcoin treasury valued at over $1.08 billion.

  • Bitcoin mining revenue reached $198.6 million, a 91% increase from $104.1 million in Q3 2024.
  • Net income attributable to common shareholders was $251.8 million with basic EPS of $0.90.
  • Bitcoin holdings totaled 10,075 BTC with a fair value of $1.08 billion at quarter end.
  • Operating hashrate averaged 45.3 EH/s with 241,227 miners in service across owned facilities.

Headline financials

Total Revenue

$1.51M

Previous: $104M-98.6%
EPS (adj)

$0.90

Previous: -$1.03+187.4%
Bitcoin Treasury Value

$1.08B

No prior period
Capital Expenditures

-$382M

Previous: -$33.3M-1048.4%
Net Income

$257M

Previous: -$236M+209.0%
Operating Income

$246M

Previous: -$249M+198.8%
Cash & Equivalents

$34.6M

Previous: $126M-72.6%
Total Assets

$3.1B

Previous: $1.48B+110.2%

Revenue & EPS history

Cleanspark · Revenue · Quarterly

$1.51M

Q3 2025-98.6%vs Q3 2024
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Cleanspark · $199M total across 1 segment · Q3 2025

  • Bitcoin Mining
    $199M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+3.2%

Avg return

Earnings day

+5.9%

Avg return

5 days after

+7.0%

Avg return

30 days after

46%

18 / 39 earnings

Positive

+49.8%

Q1 2024

Best reaction

-16.3%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2026-0.6%-3.2%+18.5%
Q1 2026+22.0%+16.4%+11.4%
Q4 2025+15.7%+19.1%-7.7%
Q2 2025+6.1%+10.7%+12.8%
Q1 2025+9.2%+1.3%-14.9%
Q4 2024-2.8%+4.3%-35.8%
Q3 2024-8.7%-10.1%-33.9%
Q2 2024-4.9%-6.2%-4.8%
Q1 2024+49.8%+70.7%+117.4%
Q4 2023+15.9%+41.3%+67.4%
Q3 2023+11.2%+24.3%-16.5%
Q2 2023-1.2%+7.7%-11.0%
Q1 2023-13.5%-4.1%-39.2%
Q4 2022-15.2%-20.5%+15.2%
Q3 2022+21.1%+21.9%-8.5%
Q2 2022-11.0%+12.1%-9.4%
Q1 2022+23.8%+14.5%+32.0%
Q4 2021+2.2%-4.3%-33.3%
Q3 2021-16.3%-22.5%-8.7%
Q2 2021+0.7%-17.7%-13.8%
Q1 2021-0.8%+3.4%+5.4%
Q4 2020+11.2%+55.5%+88.4%
Q3 2020+6.7%+40.3%+29.8%
Q2 2020+10.0%-10.5%+23.2%
Q1 2020+3.4%+3.4%-10.2%
Q4 2019+12.7%+9.8%-3.7%
Q3 2019-5.8%-2.9%-12.6%
Q2 2019+8.1%+5.9%-26.7%
Q1 2019-12.7%-15.5%+144.4%
Q4 2018-5.4%-33.1%-55.6%
Q3 2018+0.0%+0.0%+151.7%
Q2 2018+0.0%+0.0%-33.9%
Q4 2017+0.0%+0.0%-34.8%
Q1 2018+0.0%+0.0%-34.8%
Q3 2017+0.0%+0.0%+0.0%
Q1 2017+1.4%+1.4%-14.3%
Q4 2016+0.0%
Q3 2016+0.0%
Q2 2016-7.7%
Q3 2015
Q2 2015
Q1 2015
Q3 2014
Q1 2014
Q3 2010

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