Growth Metrics

Cleanspark (CLSK) Operating Expenses (2016 - 2025)

Cleanspark (CLSK) has disclosed Operating Expenses for 16 consecutive years, with $497.7 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 1144.12% to $497.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $992.8 million, a 128.19% increase, with the full-year FY2025 number at $447.4 million, down 15.27% from a year prior.
  • Operating Expenses was $497.7 million for Q4 2025 at Cleanspark, up from $222.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $497.7 million in Q4 2025 to a low of -$47.7 million in Q4 2024.
  • A 5-year average of $99.9 million and a median of $51.5 million in 2022 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: crashed 205.29% in 2024, then surged 1362.68% in 2025.
  • Cleanspark's Operating Expenses stood at $21.8 million in 2021, then surged by 159.93% to $56.7 million in 2022, then decreased by 20.15% to $45.3 million in 2023, then plummeted by 205.29% to -$47.7 million in 2024, then surged by 1144.12% to $497.7 million in 2025.
  • Per Business Quant, the three most recent readings for CLSK's Operating Expenses are $497.7 million (Q4 2025), $222.8 million (Q3 2025), and -$47.5 million (Q2 2025).