Cash Flow Statement
Growth Metrics

Cleanspark (CLSKW) FCF Margin (2014 - 2025)

Cleanspark (CLSKW) reported FCF Margin of 53.84% for Q3 2025, up 5904.0% year-over-year from 0.9% in Q3 2024, and up 2.68% on a QoQ basis from 55.32% in Q2 2025.

Cleanspark (CLSKW) has 11 years of FCF Margin data on file, last reported at 53.84% in Q3 2025.

  • Quarterly FCF Margin rose 5904.0% year-over-year to 53.84% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 61.08% (up 155.0% YoY) and the FY2025 annual result came in at 61.08%, up 59.0% from the prior year.
  • FCF Margin climbed to 53.84% in Q3 2025 per CLSKW's latest filing, from 55.32% in the prior quarter.
  • Across five years, FCF Margin topped out at 202.82% in Q3 2022 and bottomed at 673.0% in Q2 2021.
  • The 5-year median for FCF Margin is 54.33% (2024), against an average of 77.32%.
  • The widest annual swing landed in 2021, when FCF Margin plunged 60257 bps; it then jumped 58757 bps in 2022.
  • Tracing CLSKW's FCF Margin over 5 years: stood at 35.01% in 2021, then sank by 54 bps to 16.08% in 2022, then plunged by 686 bps to 94.25% in 2023, then dropped by 16 bps to 108.94% in 2024, then soared by 51 bps to 53.84% in 2025.
  • Per Business Quant, the three latest CLSKW FCF Margin figures stand at 53.84% (Q3 2025), 55.32% (Q2 2025), and 33.53% (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -38.15%
2 Goldman Sachs 318.59 Bn -618.96 Bn - -188.27%
3 Schwab Charles 154.74 Bn 109.76 Bn - 111.11%
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 190.16%
5 Interactive Brokers 39.54 Bn 50.13 Bn - 214.80%
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 28.16%
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 2.52%
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -791.16%
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 16.77%
10 Cleanspark - - - -

Historic Data

Download Data 🔒
DateValue
Sep 30, 2025 -53.84%
Jun 30, 2025 -55.32%
Mar 31, 2025 -33.53%
Dec 31, 2024 -108.94%
Sep 30, 2024 -112.88%
Jun 30, 2024 -14.30%
Mar 31, 2024 -54.33%
Dec 31, 2023 -94.25%
Sep 30, 2023 -66.90%
Jun 30, 2023 11.94%
Mar 31, 2023 15.10%
Dec 31, 2022 16.08%
Sep 30, 2022 202.82%
Jun 30, 2022 -85.43%
Mar 31, 2022 91.10%
Dec 31, 2021 35.01%
Sep 30, 2021 -317.26%
Jun 30, 2021 -673.00%
Mar 31, 2021 -171.09%
Dec 31, 2020 -303.54%
Sep 30, 2020 -151.81%
Jun 30, 2020 -70.43%
Mar 31, 2020 -11.73%
Dec 31, 2019 -96.70%
Jun 30, 2019 -287.64%
Mar 31, 2019 -499.00%
Dec 31, 2018 -254.60%
Jun 30, 2018 -75.47%
Mar 31, 2018 -233.08%
Dec 31, 2017 -2,140.75%
Jun 30, 2017 -271.72%
Mar 31, 2017 -192.91%
Dec 31, 2016 -372.30%
Jun 30, 2014 -1,337.96%