Cleanspark (CLSK) FCF Margin (2014 - 2025)
Cleanspark (CLSK) recorded FCF Margin of -58.16% in fiscal Q4 2025 (quarter ended Sep 30, 2025), down 371.71 percentage points from 313.54% a year earlier and down 2.84 percentage points from the prior quarter.
Cleanspark (CLSK) FCF Margin (2014 - 2025) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Cleanspark reported FCF Margin of -79.04%, up 0.06 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -12.45 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, FCF Margin came in at -79.10% in FY2024 (-31.58 pp), -47.52% in FY2023 (-93.55 pp), 46.02% in FY2022 (+461.48 pp) and -415.46% in FY2021 (-348.87 pp).
- Quarterly FCF Margin has ranged from -673.00% in fiscal Q3 2021 to 313.54% in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of -17.75 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 694.50 percentage points in fiscal Q3 2022, against a drop of 602.57 percentage points in fiscal Q3 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -55.32% (Q3 2025), -80.55% (Q2 2025) and -108.94% (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.45 Bn | 8.67 Bn | - | 20.44% |
| 2 | Block | 47.28 Bn | 18.58 Bn | 3.17 Bn | 14.61% |
| 3 | Coinbase Global | 45.67 Bn | 2.48 Bn | - | 16.17% |
| 4 | Corpay | 26.79 Bn | 16.67 Bn | - | 105.74% |
| 5 | Fiserv | 25.72 Bn | 22.40 Bn | 2.90 Bn | 18.61% |
| 6 | Global Payments | 23.13 Bn | 918.71 Mn | 2.03 Bn | 12.86% |
| 7 | Guidewire Software | 15.24 Bn | 11.80 Bn | 269.68 Mn | 68.54% |
| 8 | Bitmine Immersion Technologies | 12.79 Bn | 10.17 Bn | 40.81 Mn | 62.27% |
| 9 | Chime Financial | 11.75 Bn | 7.54 Bn | 594.87 Mn | 29.49% |
| 10 | Cleanspark | 2.34 Bn | 1.36 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -58.16% |
| Jun 30, 2025 | -76.73% |
| Mar 31, 2025 | -80.55% |
| Dec 31, 2024 | -108.94% |
| Sep 30, 2024 | 373.23% |
| Jun 30, 2024 | -277.21% |
| Mar 31, 2024 | -197.07% |
| Dec 31, 2023 | -168.11% |
| Sep 30, 2023 | -102.15% |
| Jun 30, 2023 | -36.23% |
| 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% |
Cleanspark FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CLSK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CLSK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CLSK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();