Cleanspark (CLSK) Cost of Revenue (2014 - 2026)
Cleanspark's (CLSK) quarterly Cost of Revenue came in at $85.5 million in Q2 2026, down 5.16% year-over-year from $90.1 million in Q2 2025, and up 4.64% quarter-over-quarter from $81.7 million in Q1 2026.
Analysis
Cleanspark (CLSK) Cost of Revenue (2014 - 2026) Analysis & Trends
Cleanspark (CLSK) has reported Cost of Revenue for 12 consecutive years, with $85.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 5.16% year-over-year to $85.5 million in Q2 2026; TTM through Jun 2026 was $360.1 million, a 18.83% increase from a year earlier, with the FY2025 full-year figure at $343.1 million, up 107.29% from the prior year.
- Cost of Revenue was $85.5 million for Q2 2026 at Cleanspark, up from $81.7 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $97.3 million in Q3 2025 and troughed at $8.7 million in Q1 2022.
- A 5-year average of $50.0 million and a median of $39.7 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue jumped 796.73% in 2022 and decreased 5.16% in 2026, its largest moves.
- Over 5 years, Cost of Revenue stood at $20.4 million in 2022, then jumped by 41.54% to $28.9 million in 2023, then jumped by 143.25% to $70.3 million in 2024, then jumped by 36.04% to $95.6 million in 2025, then declined by 10.61% to $85.5 million in 2026.
- The last three Cost of Revenue figures came in at $85.5 million (Q2 2026), $81.7 million (Q1 2026), and $95.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 5.73 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 33.34 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 26.89 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 89.26 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 85.48 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 237.31 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 117.18 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 108.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.48 Mn |
| Mar 31, 2026 | 81.69 Mn |
| Dec 31, 2025 | 95.62 Mn |
| Sep 30, 2025 | 97.26 Mn |
| Jun 30, 2025 | 90.13 Mn |
| Mar 31, 2025 | 85.42 Mn |
| Dec 31, 2024 | 70.29 Mn |
| Sep 30, 2024 | 57.14 Mn |
| Jun 30, 2024 | 45.18 Mn |
| Mar 31, 2024 | 34.30 Mn |
| Dec 31, 2023 | 28.90 Mn |
| Sep 30, 2023 | 30.40 Mn |
| Jun 30, 2023 | 20.68 Mn |
| Mar 31, 2023 | 22.08 Mn |
| Dec 31, 2022 | 20.42 Mn |
| Sep 30, 2022 | 16.63 Mn |
| Jun 30, 2022 | 10.29 Mn |
| Mar 31, 2022 | 8.68 Mn |
| Dec 31, 2021 | 5.64 Mn |
| Sep 30, 2021 | 3.10 Mn |