Cash Flow Statement
Growth Metrics

Cleanspark (CLSKW) Operating Expenses (2010 - 2026)

Cleanspark (CLSKW) 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% on a QoQ basis from $497.7 million in Q4 2025.

Cleanspark (CLSKW) has 17 years of Operating Expenses data on file, last reported at $482.1 million in Q1 2026.

  • Quarterly Operating Expenses rose 50.78% year-over-year to $482.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 48.07% YoY) and the FY2025 annual result came in at $447.4 million, down 15.27% from the prior year.
  • Operating Expenses slipped to $482.1 million in Q1 2026 per CLSKW'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.
  • The 5-year median for Operating Expenses is $61.1 million (2023), against an average of $141.3 million.
  • The widest annual swing landed in 2024, when Operating Expenses plunged 205.29%; it then soared 1362.68% in 2025.
  • Tracing CLSKW's Operating Expenses over 5 years: stood at $56.7 million in 2022, then decreased by 20.15% to $45.3 million in 2023, then sank by 205.29% to -$47.7 million in 2024, then surged by 1144.12% to $497.7 million in 2025, then slipped by 3.14% to $482.1 million in 2026.
  • Per Business Quant, the three latest CLSKW Operating Expenses figures stand at $482.1 million (Q1 2026), $497.7 million (Q4 2025), and $222.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 13.47 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 10.43 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 3.29 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 656.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 381.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 242.35 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 4.45 Bn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 81.75 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 330.51 Mn
10 Cleanspark - - - 482.09 Mn

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 10.62 Mn
Dec 31, 2020 8.43 Mn
Sep 30, 2020 9.69 Mn
Jun 30, 2020 5.58 Mn
Mar 31, 2020 5.93 Mn
Dec 31, 2019 3.09 Mn
Jun 30, 2019 2.69 Mn
Mar 31, 2019 2.72 Mn
Dec 31, 2018 1.78 Mn
Jun 30, 2018 1.10 Mn
Mar 31, 2018 1.07 Mn
Dec 31, 2017 1.05 Mn
Sep 30, 2017 10.08 Mn
Jun 30, 2017 1.48 Mn
Mar 31, 2017 1.12 Mn
Dec 31, 2016 845,735.00
Sep 30, 2016 2.20 Mn
Jun 30, 2016 133,503.00
Mar 31, 2016 191,071.00
Dec 31, 2015 72,016.00
Sep 30, 2015 92.00
Jun 30, 2015 54,776.00
Mar 31, 2015 3.19 Mn
Dec 31, 2014 186,194.00
Jun 30, 2014 11,757.00
Dec 31, 2013 8,287.00
Sep 30, 2013 8,622.00
Jun 30, 2013 3,837.00
Mar 31, 2013 4,410.00
Dec 31, 2012 8,176.00
Sep 30, 2012 3,562.00
Jun 30, 2012 3,065.00
Mar 31, 2012 2,736.00
Dec 31, 2011 4,811.00
Sep 30, 2011 22,493.00
Jun 30, 2011 9,061.00
Mar 31, 2011 1,810.00
Dec 31, 2010 659.00
Sep 30, 2010 1,841.00