NASDAQ$CLSK
Cleanspark Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
CleanSpark reported fiscal 2025 revenue of $766.3M with net income of $364.5M and basic EPS of $1.25.
Full-year revenue more than doubled to $766.3 million as operational hashrate surpassed 50 EH/s. Net income was $364.5 million versus a prior-year loss, with adjusted EBITDA of $823.4 million. The company closed a $1.15 billion 0% convertible transaction to expand power and land for AI and bitcoin compute.
- FY25 revenue $766.3M (+102% YoY).
- FY25 net income $364.5M; adjusted EBITDA $823.4M.
- Bitcoin treasury ~$1.2B at Sept. 30, 2025.
- Pivoting toward AI infrastructure alongside bitcoin mining.
Headline financials
Revenue & EPS history
Cleanspark · Revenue · Quarterly
$766M
Revenue by segment
Cleanspark · $52.5M total across 1 segment · Q4 2023
- Bitcoin mining revenue$52.5M—100.0%
Forward guidance
Management discusses CleanSpark's outlook, capital deployment, and key risks as disclosed in the earnings materials and periodic report.
Tailwinds
- CleanSpark cited execution on strategic priorities in the filing.
- Balance sheet and liquidity support continued operations and investment.
Headwinds
- Macro, competitive, and input-cost pressures may affect margins.
- Segment mix and one-time items can affect sequential comparability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
+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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| 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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