Cleanspark (CLSK) Operating Expenses (2010 - 2026)
Cleanspark (CLSK) posted quarterly 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 reported Operating Expenses for 17 consecutive years, with $482.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 50.78% year-over-year to $482.1 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 48.07% YoY), while the FY2025 annual figure was $447.4 million, down 15.27% from the prior year.
- Operating Expenses declined to $482.1 million in Q1 2026 per CLSK's latest filing, from $497.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $497.7 million in Q4 2025 and bottomed at -$47.7 million in Q4 2024.
- Historically, Operating Expenses has averaged $141.3 million across 5 years, with a median of $61.1 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses slumped 205.29% — and 2025, when it surged 1362.68%.
- Cleanspark's Operating Expenses stood at $56.7 million in 2022, then declined by 20.15% to $45.3 million in 2023, then plunged by 205.29% to -$47.7 million in 2024, then surged by 1144.12% to $497.7 million in 2025, then fell 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 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 734.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 81.75 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 381.00 Mn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 4.67 Bn |
| 10 | Cleanspark | 4.24 Bn | 3.97 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 |