Cleanspark (CLSK) Operating Expenses (2010 - 2026)
Cleanspark (CLSK) reported Operating Expenses of $482.1 million for Q1 2026, up 50.78% year-over-year from $319.7 million in Q1 2025, and down 3.14% quarter-over-quarter from $497.7 million in Q4 2025.
Cleanspark (CLSK) Operating Expenses (2010 - 2026) Analysis & Trends
Cleanspark (CLSK) has 17 years of Operating Expenses data on file, last reported at $482.1 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $482.1 million, up 50.78% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 48.07% YoY), and the FY2025 annual result was $447.4 million, down 15.27% from the prior year.
- Operating Expenses retreated to $482.1 million in Q1 2026 per CLSK's latest filing, from $497.7 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 $141.3 million and a median of $61.1 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 205.29% in 2024, then surged 1362.68% in 2025.
- A 5-year view of Operating Expenses shows it stood at $56.7 million in 2022, then dropped by 20.15% to $45.3 million in 2023, then tumbled by 205.29% to -$47.7 million in 2024, then jumped by 1144.12% to $497.7 million in 2025, then declined by 3.14% to $482.1 million in 2026.
- Business Quant data shows CLSK's Operating Expenses at $482.1 million in Q1 2026, $497.7 million in Q4 2025, and $222.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | 386,258.80 |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 13.47 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 10.43 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 3.29 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 656.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 381.00 Mn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 4.45 Bn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 330.51 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 242.35 Mn |
| 10 | Cleanspark | 4.53 Bn | 4.27 Bn | - | 482.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 21.03 Mn |