Cleanspark CLSK
NASDAQ CLSK
$11.93 -0.05 (-0.42%)
As of: Aug 24, 2026 · 3:59 PM EDT

Cleanspark (CLSK) Gross Margin (2014 - 2025)

Cleanspark (CLSK) posted quarterly Gross Margin of 56.51% for Q3 2025, up 3459.0% year-over-year from 1.59% in Q3 2024, and up 3.45% quarter-over-quarter from 54.63% in Q2 2025.

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

Cleanspark (CLSK) has reported Gross Margin for 11 consecutive years, with 56.51% the latest figure, recorded in Q3 2025.

  • In Q3 2025, Gross Margin rose 3459.0% year-over-year to 56.51%; the TTM figure through Sep 2025 stood at 55.23% (down 42.0% YoY), while the FY2025 annual figure was 55.23%, down 110.0% from the prior year.
  • Gross Margin rose to 56.51% in Q3 2025 per CLSK's latest filing, from 54.63% in the prior quarter.
  • Across five years, Gross Margin topped out at 87.33% in Q2 2021 and bottomed at 21.93% in Q3 2024.
  • Historically, Gross Margin has averaged 59.19% across 5 years, with a median of 56.69% in 2024.
  • Annual changes were most pronounced in 2021 — Gross Margin surged 7148 bps — and 2022, when it plunged 5821 bps.
  • Cleanspark's Gross Margin stood at 84.82% in 2021, then sank by 69 bps to 26.61% in 2022, then soared by 139 bps to 63.58% in 2023, then decreased by 11 bps to 56.69% in 2024, then fell by 0 bps to 56.51% in 2025.
  • Business Quant data shows CLSK's Gross Margin at 56.51% in Q3 2025, 54.63% in Q2 2025, and 52.99% in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - -
2 Goldman Sachs 311.14 Bn -665.21 Bn - -
3 Schwab Charles 196.95 Bn 123.36 Bn - -
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 92.05%
5 Interactive Brokers 41.71 Bn -22.59 Bn - -
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - -
7 Tradeweb Markets 23.03 Bn 20.97 Bn - -
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 41.19%
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn 88.68%
10 Cleanspark 3.21 Bn 3.01 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 56.51%
Jun 30, 2025 54.63%
Mar 31, 2025 52.99%
Dec 31, 2024 56.69%
Sep 30, 2024 21.93%
Jun 30, 2024 58.48%
Mar 31, 2024 69.32%
Dec 31, 2023 63.58%
Sep 30, 2023 42.12%
Jun 30, 2023 54.57%
Mar 31, 2023 48.10%
Dec 31, 2022 26.61%
Sep 30, 2022 36.48%
Jun 30, 2022 66.84%
Mar 31, 2022 76.65%
Dec 31, 2021 84.82%
Sep 30, 2021 85.89%
Jun 30, 2021 87.33%
Mar 31, 2021 81.06%
Dec 31, 2020 40.96%