Education
About Us
Working with TipRanks
Follow Us
Cleanspark (CLSK)
NASDAQ:CLSK
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.09Last Year’s EPS
-1.02Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 7.83%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
CleanSpark demonstrated strong revenue growth and improved operational efficiency despite challenges like rising costs and a decline in Bitcoin spot price. The company maintains a strong liquidity position and is well-positioned for future growth, emphasizing its infrastructure-first approach and non-dilutive funding strategies. While the net loss and increased costs pose challenges, the overall outlook remains positive due to strategic growth initiatives and market adaptability.Company Guidance
During CleanSpark's Fiscal Year 2025 Second Quarter Earnings Conference Call, the company reported significant financial growth and operational resilience. Revenue increased by 12% from the previous quarter and 62.5% year over year, reaching $181.7 million. Gross profit rose to nearly $100 million, with a gross margin of 53%. Although a net loss was reported due to Bitcoin price adjustments, CleanSpark's Bitcoin production slightly increased, resulting in a Bitcoin treasury exceeding 12,100 coins as of April 30th. The company ended the quarter with over $1 billion in liquidity, maintaining a disciplined approach to capital management without equity dilution. CleanSpark achieved a fleet efficiency improvement from 18 joules per terahash to less than 17, while power under contract approached 1 gigawatt. The company plans to reach 50 exahash by mid-2025, potentially expanding further to 65 exahash, supported by strategic infrastructure investments and a focus on Bitcoin as a core long-term asset.Revenue and Gross Margin Growth
Revenue increased 12% quarter over quarter and 62.5% year over year, reaching $181.7 million. Gross profit was up almost 5% sequentially and more than 24% year over year, with a gross margin of 53%.
Bitcoin Production and Treasury
Bitcoin production increased slightly compared to the prior quarter. Average revenue per Bitcoin was up 10.5% quarter over quarter and nearly 69% year over year. The Bitcoin treasury grew to over 12,100 coins by April 30th.
Liquidity and Non-Dilutive Funding
CleanSpark ended the quarter with $1.1 billion in liquidity and expanded its line of credit with Coinbase to $200 million, supporting growth without equity dilution.
Operational Efficiency and Market Share
Fleet efficiency improved from 18 joules per terahash in December to less than 17 joules per terahash by April, mitigating higher energy prices and rising network difficulty. CleanSpark holds about 5% market share in Bitcoin mining.
Strategic Growth and Infrastructure
CleanSpark is on track to reach 50 exahash by mid-2025 and has paid for infrastructure supporting almost 200 megawatts beyond that goal. They have already secured infrastructure to support growth beyond 60 exahash.
---
CLSK Earnings History
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 |
|---|---|---|---|
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% |
Aug 09, 2024 | $11.46 | $11.16 | -2.62% |
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 (CLSK) report earnings?
Cleanspark (CLSK) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Cleanspark (CLSK) earnings time?
Cleanspark (CLSK) earnings time is at Aug 12, 2025, TBA Not 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 (Q3) is 0.09.
---