Cleanspark (CLSK) Cost of Revenue (2014 - 2026)
Cleanspark's Cost of Revenue was $85.48 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 5.2% from $90.13 million a year earlier but up 4.6% from the prior quarter.
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Analysis
Cleanspark (CLSK) Cost of Revenue (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cleanspark's Cost of Revenue was $360.05 million through Jun 30, 2026, up 18.8% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $343.1 million, up 107.3% from FY2024.
- Cost of Revenue has now increased for four consecutive fiscal years, with a five-year compound annual growth rate of 112.6% (FY2020 to FY2025).
- In earlier fiscal years, Cost of Revenue was $165.52 million in FY2024 (+76.9%), $93.58 million in FY2023 (+126.9%), $41.23 million in FY2022 (+683.5%) and $5.26 million in FY2021 (-33.4%).
- Quarterly Cost of Revenue has moved between $3.1 million (fiscal Q4 2021) and $97.26 million (fiscal Q4 2025) over five years.
- Compared with a year earlier, Cost of Revenue was higher in six of the last eight quarters, with growth averaging 72.1%.
- The best year-over-year quarter for Cost of Revenue over five years was fiscal Q3 2022 (growth of 796.7%); the worst was fiscal Q3 2026 (a decline of 5.2%).
- Per Business Quant data, CLSK's Cost of Revenue in the three fiscal quarters before Q3 2026 was $81.69 million (Q2 2026), $95.62 million (Q1 2026) and $97.26 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | - |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | 3.45 Bn |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | - |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | - |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 2.40 Bn |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 1.29 Bn |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 141.41 Mn |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | 5.73 Mn |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 74.90 Mn |
| 10 | Cleanspark | 2.27 Bn | 1.29 Bn | - | 85.48 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 |
API Access
Cleanspark Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CLSK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CLSK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CLSK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();