Cash Flow Statement
Growth Metrics

Cleanspark (CLSKW) Operating Margin (2014 - 2025)

Cleanspark (CLSKW) reported Operating Margin of 38.21% for Q3 2025, up 13241.0% year-over-year from N/an in Q3 2024, and down 72.45% on a QoQ basis from 138.69% in Q2 2025.

Cleanspark (CLSKW) has 11 years of Operating Margin data on file, last reported at 38.21% in Q3 2025.

  • Quarterly Operating Margin rose 13241.0% year-over-year to 38.21% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 62.5% (up 10334.0% YoY) and the FY2025 annual result came in at 52.66%, up 9199.0% from the prior year.
  • Operating Margin retreated to 38.21% in Q3 2025 per CLSKW's latest filing, from 138.69% in the prior quarter.
  • Across five years, Operating Margin topped out at 157.73% in Q4 2024 and bottomed at 228.89% in Q2 2024.
  • The 5-year median for Operating Margin is 31.01% (2023), against an average of 21.81%.
  • The widest annual swing landed in 2021, when Operating Margin soared 42947 bps; it then tumbled 19969 bps in 2025.
  • Tracing CLSKW's Operating Margin over 5 years: stood at 41.24% in 2021, then slumped by 366 bps to 109.59% in 2022, then jumped by 131 bps to 34.42% in 2023, then soared by 358 bps to 157.73% in 2024, then slumped by 76 bps to 38.21% in 2025.
  • Per Business Quant, the three latest CLSKW Operating Margin figures stand at 38.21% (Q3 2025), 138.69% (Q2 2025), and 75.96% (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating 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 28.49%
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 108.11%
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -161.28%
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 46.50%
10 Cleanspark - - - -

Historic Data

Download Data 🔒
DateValue
Sep 30, 2025 38.21%
Jun 30, 2025 138.69%
Mar 31, 2025 -75.96%
Dec 31, 2024 157.73%
Sep 30, 2024 -94.20%
Jun 30, 2024 -228.89%
Mar 31, 2024 123.73%
Dec 31, 2023 34.42%
Sep 30, 2023 -132.04%
Jun 30, 2023 -31.01%
Mar 31, 2023 -42.70%
Dec 31, 2022 -109.59%
Sep 30, 2022 -155.34%
Jun 30, 2022 -53.53%
Mar 31, 2022 5.46%
Dec 31, 2021 41.24%
Sep 30, 2021 33.76%
Jun 30, 2021 -155.49%
Mar 31, 2021 91.14%
Dec 31, 2020 -317.49%
Sep 30, 2020 -395.72%
Jun 30, 2020 -62.34%
Mar 31, 2020 -67.78%
Dec 31, 2019 -323.26%
Jun 30, 2019 -216.79%
Mar 31, 2019 -692.69%
Dec 31, 2018 -661.80%
Jun 30, 2018 -321.05%
Mar 31, 2018 -853.74%
Dec 31, 2017 -5,754.34%
Sep 30, 2017 -16,916.79%
Jun 30, 2017 -1,394.91%
Mar 31, 2017 -546.29%
Dec 31, 2016 -929.65%
Jun 30, 2014 -387.55%