Cleanspark (CLSK) Net Margin (2014 - 2025)
Cleanspark (CLSK) recorded Net Margin of -0.59% in fiscal Q4 2025 (quarter ended Sep 30, 2025), up 69.06 percentage points from -69.65% a year earlier but down 127.34 percentage points from the prior quarter.
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Analysis
Cleanspark (CLSK) Net Margin (2014 - 2025) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Cleanspark reported Net Margin of 46.11%, up 85.48 percentage points from FY2024.
- Annual Net Margin has a five-year change of +278.90 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Net Margin came in at -39.37% in FY2024 (+42.66 pp), -82.03% in FY2023 (-38.19 pp), -43.84% in FY2022 (+12.13 pp) and -55.97% in FY2021 (+176.82 pp).
- Quarterly Net Margin has ranged from -317.49% in fiscal Q1 2021 to 148.89% in fiscal Q1 2025 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +65.40 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 355.66 percentage points in fiscal Q1 2022, against a drop of 195.69 percentage points in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 126.75% (Q3 2025), -76.38% (Q2 2025) and 148.89% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | 12.72% |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | 1.34% |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | -29.46% |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | 18.55% |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 11.85% |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 0.39% |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 7.64% |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | -179.60% |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 4.16% |
| 10 | Cleanspark | 2.27 Bn | 1.29 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -0.59% |
| Jun 30, 2025 | 126.75% |
| Mar 31, 2025 | -76.38% |
| Dec 31, 2024 | 148.89% |
| Sep 30, 2024 | -69.65% |
| Jun 30, 2024 | -226.92% |
| Mar 31, 2024 | 110.82% |
| Dec 31, 2023 | 34.33% |
| Sep 30, 2023 | -145.54% |
| Jun 30, 2023 | -31.23% |
| Mar 31, 2023 | -43.39% |
| Dec 31, 2022 | -104.36% |
| Sep 30, 2022 | -161.62% |
| Jun 30, 2022 | -94.56% |
| Mar 31, 2022 | -0.51% |
| Dec 31, 2021 | 38.17% |
| Sep 30, 2021 | -24.42% |
| Jun 30, 2021 | -184.24% |
| Mar 31, 2021 | 88.95% |
| Dec 31, 2020 | -317.49% |
API Access
Cleanspark Net 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=net-margin&ticker=CLSK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CLSK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();