Cleanspark (CLSK) FCF Margin (2014 - 2025)

Cleanspark (CLSK) reported FCF Margin of 53.84% for Q3 2025, up 5904.0% year-over-year from 0.9% in Q3 2024, and up 2.68% quarter-over-quarter from 55.32% in Q2 2025.

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

Cleanspark (CLSK) has 11 years of FCF Margin data on file, last reported at 53.84% in Q3 2025.

  • FCF Margin for Q3 2025 came in at 53.84%, up 5904.0% year-over-year; the trailing twelve-month figure through Sep 2025 was 61.08% (up 155.0% YoY), and the FY2025 annual result was 61.08%, up 59.0% from the prior year.
  • FCF Margin advanced to 53.84% in Q3 2025 per CLSK's latest filing, from 55.32% in the prior quarter.
  • Over five years, FCF Margin peaked at 202.82% in Q3 2022 and troughed at 673.0% in Q2 2021.
  • A 5-year average of 77.32% and a median of 54.33% in 2024 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2021 and 2022: FCF Margin slumped 60257 bps in 2021, then soared 58757 bps in 2022.
  • A 5-year view of FCF Margin shows it stood at 35.01% in 2021, then tumbled by 54 bps to 16.08% in 2022, then slumped by 686 bps to 94.25% in 2023, then fell by 16 bps to 108.94% in 2024, then surged by 51 bps to 53.84% in 2025.
  • Business Quant data shows CLSK's FCF Margin at 53.84% in Q3 2025, 55.32% in Q2 2025, and 33.53% in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - -38.15%
3 Goldman Sachs 317.73 Bn -619.82 Bn - -188.27%
4 Schwab Charles 153.74 Bn 108.77 Bn - 111.11%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 190.16%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 214.80%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 2.52%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 16.77%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 28.16%
10 Cleanspark 4.53 Bn 4.27 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -53.84%
Jun 30, 2025 -55.32%
Mar 31, 2025 -33.53%
Dec 31, 2024 -108.94%
Sep 30, 2024 -112.88%
Jun 30, 2024 -14.30%
Mar 31, 2024 -54.33%
Dec 31, 2023 -94.25%
Sep 30, 2023 -66.90%
Jun 30, 2023 11.94%
Mar 31, 2023 15.10%
Dec 31, 2022 16.08%
Sep 30, 2022 202.82%
Jun 30, 2022 -85.43%
Mar 31, 2022 91.10%
Dec 31, 2021 35.01%
Sep 30, 2021 -317.26%
Jun 30, 2021 -673.00%
Mar 31, 2021 -171.09%
Dec 31, 2020 -303.54%