CleanSpark reported a record-breaking quarter with significant revenue growth, Bitcoin production, and operational achievements. The company is positioned well with a strong growth pipeline and favorable regulatory and market conditions. However, there are challenges related to increased overhead costs and the early stages of their treasury management strategy.

Company Guidance

During CleanSpark's Fiscal Year Third Quarter 2025 earnings call, the company reported record-setting financial results, underpinned by strategic growth and operational excellence. Key metrics included $199 million in revenue, a 94% year-over-year increase, and earnings per share of $0.90. The company achieved a gross margin of 54.6% and produced 2,012 Bitcoin, increasing its treasury to 12,608 Bitcoin valued at $1.08 billion. CleanSpark reached a milestone of 50 exahash of operational hash rate, becoming the first publicly-traded company to achieve this with exclusively American infrastructure. The firm's cost per Bitcoin was $44,806, significantly below the average spot price of approximately $98,500. CleanSpark operates with over 1 gigawatt of contracted power, utilizing about 80%, and boasts an average power efficiency of just over 16 joules per terahash. The company plans to expand by an additional 10 exahash and is focusing on capturing a greater share of the global hash rate, already holding 5.6% as of June. CleanSpark's strategy includes leveraging its digital asset management team to generate yield from its Bitcoin holdings, with initial results showing promise. The company remains committed to its growth trajectory, supported by favorable regulatory and market conditions.

Record-Breaking Revenue and Growth

CleanSpark reported its most successful quarter to date with revenue nearly $200 million, up 94% year-over-year and 9% over the prior quarter. Earnings per share reached $0.90 with a gross margin of 54.6%.

Significant Bitcoin Production and Treasury Growth

The company produced 2,012 Bitcoin, and the treasury grew to approximately $1.08 billion, an increase of over $100 million from the previous quarter, driven by production and Bitcoin price appreciation.

Achievement of 50 Exahash Operational Hash Rate

CleanSpark reached 50 exahash operational hash rate, the first publicly traded company to achieve this milestone exclusively with American infrastructure.

Cost Efficiency in Bitcoin Production

The cost per Bitcoin in the third quarter was $44,806, significantly below the average spot price of approximately $98,500.

Expansion and Growth Pipeline

CleanSpark has over 200 megawatts available for immediate expansion and is evaluating 1.2 gigawatts of potential near-term power opportunities.

Regulatory and Market Tailwinds

The signing of the GENIUS Act and the Clarity Act, as well as growing adoption of Bitcoin in financial markets, provide regulatory and market tailwinds for continued growth.

Cleanspark (CLSK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CLSK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 17, 2025	2025 (Q4)	0.21 / -	-0.287	―	―	―
Aug 07, 2025	2025 (Q3)	0.30 / 0.78	-1.022	176.32% (+1.80)	―
May 08, 2025	2025 (Q2)	-0.11 / -0.49	0.58	-184.48% (-1.07)	―
Feb 06, 2025	2025 (Q1)	0.37 / 0.83	0.14	492.86% (+0.69)
Dec 02, 2024	2024 (Q4)	-0.18 / -0.29	0.264	-208.71% (-0.55)
Aug 09, 2024	2024 (Q3)	-0.10 / -1.02	-0.12	-751.67% (-0.90)
May 09, 2024	2024 (Q2)	0.07 / 0.58	-0.23	352.17% (+0.81)
Feb 08, 2024	2024 (Q1)	-0.26 / 0.14	-0.46	130.43% (+0.60)
Nov 30, 2023	2023 (Q4)	-0.13 / 0.26	-1.425	118.53% (+1.69)
Aug 09, 2023	2023 (Q3)	-0.17 / -0.12	-0.393	69.47% (+0.27)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CLSK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$10.72	$10.07	-6.06%
May 08, 2025	$8.68	$9.20	+5.99%
Feb 06, 2025	$10.38	$11.33	+9.15%
Dec 02, 2024	$14.52	$13.95	-3.93%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cleanspark, Inc. (CLSK) report earnings?

Cleanspark, Inc. (CLSK) is schdueled to report earning on Dec 17, 2025, Before Open (Confirmed).

What is Cleanspark, Inc. (CLSK) earnings time?

Cleanspark, Inc. (CLSK) earnings time is at Dec 17, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CLSK EPS forecast?

CLSK EPS forecast for the fiscal quarter 2025 (Q4) is 0.21.

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