Cleanspark CLSK
NASDAQ CLSK
$12.69 +0.11 (+0.87%)
At close: Sep 4, 2026 · 4:00 PM EDT

Cleanspark (CLSK) Operating Expenses (2010 - 2026)

Cleanspark's (CLSK) quarterly Operating Expenses came in at $370.4 million in Q2 2026, up 879.49% year-over-year from $37.8 million in Q2 2025, and down 23.17% quarter-over-quarter from $482.1 million in Q1 2026.

Analysis

Cleanspark (CLSK) Operating Expenses (2010 - 2026) Analysis & Trends

Cleanspark (CLSK) has reported Operating Expenses for 17 consecutive years, with $370.4 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 879.49% year-over-year to $370.4 million in Q2 2026; TTM through Jun 2026 was $1.6 billion, a 314.59% increase from a year earlier, with the FY2025 full-year figure at $447.4 million, down 15.27% from the prior year.
  • Operating Expenses was $370.4 million for Q2 2026 at Cleanspark, down from $482.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $497.7 million in Q4 2025 and troughed at -$47.7 million in Q4 2024.
  • A 5-year average of $154.0 million and a median of $64.0 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses tumbled 205.29% in 2024 and jumped 1362.68% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $56.7 million in 2022, then slipped by 20.15% to $45.3 million in 2023, then plunged by 205.29% to -$47.7 million in 2024, then soared by 1144.12% to $497.7 million in 2025, then declined by 25.58% to $370.4 million in 2026.
  • The last three Operating Expenses figures came in at $370.4 million (Q2 2026), $482.1 million (Q1 2026), and $497.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bitmine Immersion Technologies 56.87 Bn 56.53 Bn 40.81 Mn 52.67 Mn
2 Iren 34.00 Bn 26.43 Bn 103.89 Mn 128.25 Mn
3 Hut 8 11.52 Bn 5.04 Bn 48.04 Mn 78.04 Mn
4 Riot Platforms 8.24 Bn 7.69 Bn 84.97 Mn 413.67 Mn
5 Argo Blockchain 6.43 Bn 6.43 Bn - -
6 MARA Holdings 4.32 Bn 3.96 Bn - 695.95 Mn
7 Cleanspark 3.26 Bn 3.05 Bn - 370.41 Mn
8 Bitdeer Technologies 2.92 Bn 2.46 Bn -8.53 Mn -93.21 Mn
9 Keel Infrastructure 2.14 Bn 2.13 Bn -86.75 Mn 31.31 Mn
10 HIVE Digital Technologies 853.00 Mn 613.97 Mn -29.49 Mn 18.98 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 370.41 Mn
Mar 31, 2026 482.09 Mn
Dec 31, 2025 497.73 Mn
Sep 30, 2025 222.82 Mn
Jun 30, 2025 -47.52 Mn
Mar 31, 2025 319.74 Mn
Dec 31, 2024 -47.67 Mn
Sep 30, 2024 154.87 Mn
Jun 30, 2024 353.19 Mn
Mar 31, 2024 -25.32 Mn
Dec 31, 2023 45.28 Mn
Sep 30, 2023 121.61 Mn
Jun 30, 2023 61.11 Mn
Mar 31, 2023 60.03 Mn
Dec 31, 2022 56.70 Mn
Sep 30, 2022 66.83 Mn
Jun 30, 2022 46.35 Mn
Mar 31, 2022 34.40 Mn
Dec 31, 2021 21.81 Mn
Sep 30, 2021 18.23 Mn