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| Date | Value |
|---|---|
| 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 |