Cleanspark (CLSK) FCF Margin (2014 - 2025)
Cleanspark's (CLSK) quarterly FCF Margin came in at 58.16% in Q3 2025, down 37171.0% year-over-year from N/an in Q3 2024, and down 5.14% quarter-over-quarter from 55.32% in Q2 2025.
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Cleanspark (CLSK) FCF Margin (2014 - 2025) Analysis & Trends
Cleanspark (CLSK) has reported FCF Margin for 11 consecutive years, with 58.16% the latest figure, recorded in Q3 2025.
- On a quarterly basis, FCF Margin fell 37171.0% year-over-year to 58.16% in Q3 2025; TTM through Sep 2025 was 73.49%, a 561.0% increase from a year earlier, with the FY2025 full-year figure at 79.04%, up 6.0% from the prior year.
- FCF Margin was 58.16% for Q3 2025 at Cleanspark, down from 55.32% in the prior quarter.
- Over five years, FCF Margin peaked at 313.54% in Q3 2024 and troughed at 673.0% in Q2 2021.
- A 5-year average of 91.72% and a median of 58.16% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin tumbled 60274 bps in 2021 and surged 69450 bps in 2022, its largest moves.
- Over 5 years, FCF Margin stood at 22.72% in 2021, then surged by 103 bps to 0.58% in 2022, then slumped by 22568 bps to 130.84% in 2023, then increased by 17 bps to 108.94% in 2024, then soared by 47 bps to 58.16% in 2025.
- The last three FCF Margin figures came in at 58.16% (Q3 2025), 55.32% (Q2 2025), and 80.55% (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -4,558.91% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 351.43% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -12.84% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -86.59% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -136.41% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 46.97% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -315.53% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -13.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -58.16% |
| Jun 30, 2025 | -55.32% |
| Mar 31, 2025 | -80.55% |
| Dec 31, 2024 | -108.94% |
| Sep 30, 2024 | 313.54% |
| Jun 30, 2024 | -267.31% |
| Mar 31, 2024 | -183.22% |
| Dec 31, 2023 | -130.84% |
| Sep 30, 2023 | -104.87% |
| Jun 30, 2023 | -33.08% |
| Mar 31, 2023 | -23.63% |
| Dec 31, 2022 | 0.58% |
| Sep 30, 2022 | 128.28% |
| Jun 30, 2022 | 21.51% |
| Mar 31, 2022 | 77.21% |
| Dec 31, 2021 | -22.72% |
| Sep 30, 2021 | -371.07% |
| Jun 30, 2021 | -673.00% |
| Mar 31, 2021 | -171.09% |
| Dec 31, 2020 | -303.54% |