Cleanspark (CLSK) Cost of Revenue (2014 - 2026)

Cleanspark (CLSK) reported Cost of Revenue of $81.7 million for Q1 2026, down 4.37% year-over-year from $85.4 million in Q1 2025, and down 14.57% quarter-over-quarter from $95.6 million in Q4 2025.

Cleanspark (CLSK) Cost of Revenue (2014 - 2026) Analysis & Trends

Cleanspark (CLSK) has 12 years of Cost of Revenue data on file, last reported at $81.7 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $81.7 million, down 4.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $364.7 million (up 41.34% YoY), and the FY2025 annual result was $343.1 million, up 107.29% from the prior year.
  • Cost of Revenue fell to $81.7 million in Q1 2026 per CLSK's latest filing, from $95.6 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 $47.9 million and a median of $34.3 million in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2026: Cost of Revenue surged 796.73% in 2022, then declined 4.37% in 2026.
  • A 5-year view of Cost of Revenue shows it stood at $20.4 million in 2022, then surged by 41.54% to $28.9 million in 2023, then surged by 143.25% to $70.3 million in 2024, then surged by 36.04% to $95.6 million in 2025, then decreased by 14.57% to $81.7 million in 2026.
  • Business Quant data shows CLSK's Cost of Revenue at $81.7 million in Q1 2026, $95.6 million in Q4 2025, and $97.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 SOL Strategies 95,219.34 Bn 95,219.34 Bn - -
2 Morgan Stanley 323.01 Bn 189.48 Bn - -
3 Goldman Sachs 303.95 Bn -633.60 Bn - -
4 Schwab Charles 155.80 Bn 110.82 Bn - -
5 Robinhood Markets 77.67 Bn 73.03 Bn 960.00 Mn 107.00 Mn
6 Interactive Brokers 38.08 Bn 48.67 Bn - -
7 LPL Financial Holdings 23.19 Bn 22.17 Bn - -
8 Tradeweb Markets 21.40 Bn 20.15 Bn - -
9 Circle Internet 19.36 Bn 17.84 Bn 35.01 Mn 6.62 Mn
10 Cleanspark 4.12 Bn 3.86 Bn - 81.69 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 81.69 Mn
Mar 31, 2026 81.69 Mn
Dec 31, 2025 95.62 Mn
Dec 31, 2025 95.62 Mn
Sep 30, 2025 97.26 Mn
Sep 30, 2025 97.26 Mn
Jun 30, 2025 90.13 Mn
Jun 30, 2025 90.13 Mn
Mar 31, 2025 85.42 Mn
Mar 31, 2025 85.42 Mn
Dec 31, 2024 70.29 Mn
Dec 31, 2024 70.29 Mn
Sep 30, 2024 57.14 Mn
Sep 30, 2024 57.14 Mn
Jun 30, 2024 45.18 Mn
Jun 30, 2024 45.18 Mn
Mar 31, 2024 34.30 Mn
Mar 31, 2024 34.30 Mn
Dec 31, 2023 28.90 Mn
Dec 31, 2023 28.90 Mn