Cleanspark (CLSK) EBITDA Margin (2014 - 2025)
Cleanspark (CLSK) reported EBITDA Margin of 86.15% for Q3 2025, up 11030.0% year-over-year from N/an in Q3 2024, and down 53.67% quarter-over-quarter from 185.94% in Q2 2025.
Cleanspark (CLSK) EBITDA Margin (2014 - 2025) Analysis & Trends
Cleanspark (CLSK) has 11 years of EBITDA Margin data on file, last reported at 86.15% in Q3 2025.
- EBITDA Margin for Q3 2025 came in at 86.15%, up 11030.0% year-over-year; the trailing twelve-month figure through Sep 2025 was 107.41% (up 11621.0% YoY), and the FY2025 annual result was 97.57%, up 9667.0% from the prior year.
- EBITDA Margin eased to 86.15% in Q3 2025 per CLSK's latest filing, from 185.94% in the prior quarter.
- Over five years, EBITDA Margin peaked at 197.86% in Q4 2024 and troughed at 222.22% in Q2 2024.
- A 5-year average of 20.0% and a median of 15.71% in 2023 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2021 and 2024: EBITDA Margin jumped 45091 bps in 2021, then tumbled 23793 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 58.66% in 2021, then plunged by 171 bps to 41.92% in 2022, then soared by 270 bps to 71.39% in 2023, then surged by 177 bps to 197.86% in 2024, then tumbled by 56 bps to 86.15% in 2025.
- Business Quant data shows CLSK's EBITDA Margin at 86.15% in Q3 2025, 185.94% in Q2 2025, and 33.07% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 95.15% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 136.81% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 61.80% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 28.49% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 14.74% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 11.84% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 47.66% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 110.52% |
| 10 | Cleanspark | 4.53 Bn | 4.27 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 86.15% |
| Jun 30, 2025 | 185.94% |
| Mar 31, 2025 | -33.07% |
| Dec 31, 2024 | 197.86% |
| Sep 30, 2024 | -24.15% |
| Jun 30, 2024 | -222.22% |
| Mar 31, 2024 | 152.06% |
| Dec 31, 2023 | 71.39% |
| Sep 30, 2023 | -22.20% |
| Jun 30, 2023 | 15.71% |
| Mar 31, 2023 | 6.26% |
| Dec 31, 2022 | -41.92% |
| Sep 30, 2022 | -94.61% |
| Jun 30, 2022 | -7.39% |
| Mar 31, 2022 | 33.52% |
| Dec 31, 2021 | 58.66% |
| Sep 30, 2021 | 56.06% |
| Jun 30, 2021 | -137.99% |
| Mar 31, 2021 | 99.84% |
| Dec 31, 2020 | -307.57% |