Cleanspark (CLSKW) Operating Margin (2014 - 2025)

Cleanspark has disclosed Operating Margin across 11 years of filings, most recently posting 38.21% for Q3 2025.

• In Q3 2025, Operating Margin rose 13241.0% year-over-year to 38.21%; the TTM figure through Sep 2025 stood at 62.5% (up 10334.0% YoY), while the FY2025 annual figure was 52.66%, up 9199.0% from the prior year.
• Operating Margin slipped to 38.21% in Q3 2025, from 138.69% in the prior quarter.
• Over the last five years, Operating Margin for CLSKW reached as high as 157.73% in Q4 2024 and fell as low as 228.89% in Q2 2024.
• The 5-year median for Operating Margin is 31.01% (2023), against an average of 21.81%.
• Annual changes were most pronounced in 2021 — Operating Margin surged 42947 bps — and 2025, when it tumbled 19969 bps.
• A 5-year view of Operating Margin shows it stood at 41.24% in 2021, then slumped by 366 bps to 109.59% in 2022, then soared by 131 bps to 34.42% in 2023, then surged by 358 bps to 157.73% in 2024, then slumped by 76 bps to 38.21% in 2025.
• According to Business Quant data, Operating Margin over the past three periods registered 38.21%, 138.69%, and 75.96% for Q3 2025, Q2 2025, and Q1 2025 respectively.