Cash Flow Statement
Growth Metrics

Cleanspark (CLSKW) Gross Margin (2014 - 2025)

Cleanspark (CLSKW) reported Gross Margin of 56.51% for Q3 2025, up 3459.0% year-over-year from 1.59% in Q3 2024, and up 3.45% on a QoQ basis from 54.63% in Q2 2025.

Cleanspark (CLSKW) has 11 years of Gross Margin data on file, last reported at 56.51% in Q3 2025.

  • Quarterly Gross Margin rose 3459.0% year-over-year to 56.51% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 55.23% (down 42.0% YoY) and the FY2025 annual result came in at 55.23%, down 110.0% from the prior year.
  • Gross Margin climbed to 56.51% in Q3 2025 per CLSKW's latest filing, from 54.63% in the prior quarter.
  • Across five years, Gross Margin topped out at 87.33% in Q2 2021 and bottomed at 21.93% in Q3 2024.
  • The 5-year median for Gross Margin is 56.69% (2024), against an average of 59.19%.
  • The widest annual swing landed in 2021, when Gross Margin soared 7148 bps; it then slumped 5821 bps in 2022.
  • Tracing CLSKW's Gross Margin over 5 years: stood at 84.82% in 2021, then slumped by 69 bps to 26.61% in 2022, then soared by 139 bps to 63.58% in 2023, then declined by 11 bps to 56.69% in 2024, then slipped by 0 bps to 56.51% in 2025.
  • Per Business Quant, the three latest CLSKW Gross Margin figures stand at 56.51% (Q3 2025), 54.63% (Q2 2025), and 52.99% (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -
2 Goldman Sachs 318.59 Bn -618.96 Bn - -
3 Schwab Charles 154.74 Bn 109.76 Bn - -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 89.97%
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 84.10%
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 99.97%
9 Tradeweb Markets 21.29 Bn 20.04 Bn - -
10 Cleanspark - - - -

Historic Data

Download Data 🔒
DateValue
Sep 30, 2025 56.51%
Jun 30, 2025 54.63%
Mar 31, 2025 52.99%
Dec 31, 2024 56.69%
Sep 30, 2024 21.93%
Jun 30, 2024 58.48%
Mar 31, 2024 69.32%
Dec 31, 2023 63.58%
Sep 30, 2023 42.12%
Jun 30, 2023 54.57%
Mar 31, 2023 48.10%
Dec 31, 2022 26.61%
Sep 30, 2022 36.48%
Jun 30, 2022 66.84%
Mar 31, 2022 76.65%
Dec 31, 2021 84.82%
Sep 30, 2021 85.89%
Jun 30, 2021 87.33%
Mar 31, 2021 81.06%
Dec 31, 2020 40.96%
Sep 30, 2020 39.80%
Jun 30, 2020 15.84%
Mar 31, 2020 21.00%
Dec 31, 2019 10.17%
Jun 30, 2019 18.96%
Mar 31, 2019 35.30%
Dec 31, 2018 15.06%
Jun 30, 2018 12.23%
Mar 31, 2018 35.74%
Dec 31, 2017 64.23%
Sep 30, 2017 45.47%
Jun 30, 2017 31.38%
Mar 31, 2017 13.02%
Dec 31, 2016 78.57%
Jun 30, 2014 72.60%