Cleanspark (CLSK) EBITDA Margin (2014 - 2025)

Cleanspark (CLSK) posted quarterly EBITDA Margin of 86.15% for Q3 2025, up 11030.0% YoY from N/an in Q3 2024, and down 53.67% sequentially from 185.94% in Q2 2025.

Cleanspark (CLSK) EBITDA Margin (2014 - 2025) Analysis & Trends

Cleanspark has disclosed EBITDA Margin across 11 years of filings, most recently posting 86.15% for Q3 2025.

  • In Q3 2025, EBITDA Margin rose 11030.0% year-over-year to 86.15%; the TTM figure through Sep 2025 stood at 107.41% (up 11621.0% YoY), while the FY2025 annual figure was 97.57%, up 9667.0% from the prior year.
  • EBITDA Margin fell to 86.15% in Q3 2025, from 185.94% in the prior quarter.
  • Over the last five years, EBITDA Margin for CLSK reached as high as 197.86% in Q4 2024 and fell as low as 222.22% in Q2 2024.
  • The 5-year median for EBITDA Margin is 15.71% (2023), against an average of 20.0%.
  • Annual changes were most pronounced in 2021 — EBITDA Margin jumped 45091 bps — and 2024, when it sank 23793 bps.
  • A 5-year view of EBITDA Margin shows it stood at 58.66% in 2021, then slumped 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 sank by 56 bps to 86.15% in 2025.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 86.15%, 185.94%, and 33.07% for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 95.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 136.81%
3 Schwab Charles 167.21 Bn 122.24 Bn - 61.80%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 124.07%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 28.49%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 11.84%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 47.66%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 110.52%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -176.07%
10 Cleanspark 3.65 Bn 3.39 Bn - -

Historic Data

Download Data
DateValue
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%