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Cleanspark (CLSK) Cost of Revenue (2016 - 2025)

Cleanspark (CLSK) has disclosed Cost of Revenue for 11 consecutive years, with $95.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 36.04% to $95.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $368.4 million, a 78.06% increase, with the full-year FY2025 number at $343.1 million, up 107.29% from a year prior.
  • Cost of Revenue was $95.6 million for Q4 2025 at Cleanspark, down from $97.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $97.3 million in Q3 2025 to a low of -$1.5 million in Q3 2021.
  • A 5-year average of $37.0 million and a median of $25.5 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: crashed 212.82% in 2021, then soared 1234.89% in 2022.
  • Cleanspark's Cost of Revenue stood at $5.6 million in 2021, then surged by 262.24% to $20.4 million in 2022, then soared by 41.54% to $28.9 million in 2023, then soared by 143.25% to $70.3 million in 2024, then soared by 36.04% to $95.6 million in 2025.
  • Per Business Quant, the three most recent readings for CLSK's Cost of Revenue are $95.6 million (Q4 2025), $97.3 million (Q3 2025), and $90.1 million (Q2 2025).