Cleanspark CLSK
NASDAQ CLSK
$13.67 +0.87 (+6.80%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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