profit from every $100 of sales.

CleanSpark
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $4.69 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What CleanSpark sold, what it kept, and what it did with the cash.
Sales went from $132 million in 2022 to $766 million in 2025, with $364 million of profit last year.
CleanSpark vs. similar companies
CleanSpark grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
CleanSpark | 4.7× · Cheap | ||
Coincheck Group | No profit yet | ||
Ethzilla | No profit yet | ||
Brera Holdings | No profit yet | ||
Fold Holdings | No profit yet |
AI analysis
An AI analyst reads CleanSpark's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 132 | 168 | 379 | 766 | |
| 49 | 29 | 139 | 319 | |
| -17 | -123 | -59 | -107 | |
| 10 | -8 | 15 | 763 | |
| -57 | -138 | -146 | 364 | |
| -1.35 | -1.33 | -0.69 | 1.12 | |
| 37.5% | 17.3% | 36.8% | 41.6% | |
| -12.6% | -73.2% | -15.6% | -14.0% | |
| -43.6% | -82.0% | -38.5% | 47.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 453 | 762 | 1,963 | 3,184 |
| Cash | 20 | 29 | 121 | 43 |
| Total debt | 22 | 16 | 67 | 824 |
| Total liabilities | 49 | 86 | 202 | 1,009 |
| 404 | 676 | 1,761 | 2,175 | |
| 43 | 103 | 217 | 318 | |
| -7.2% | -14.6% | -6.1% | 10.9% | |
| -14.2% | -20.4% | -8.3% | 16.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 73 | -17 | -234 | -461 | |
| 191 | 301 | 806 | 563 | |
| -117 | -318 | -1,040 | -1,024 | |
| Dividends paid | 0 | 0 | 3 | 11 |
| – | 0 | 0 | 145 | |
| 31 | 24 | 30 | 45 |
Valuation
- 4.7×
- –
- –
- 3.7×
- 2.2×
- –
- 3.3×
- -60.0%
- 21.3%
- 0.0%
Profitability
- 41.6%
- -14.0%
- 47.6%
- 27.7%
- -6.4%
- -7.3%
- -29.9%
- -17.2%
- -6.5%
- –
Growth
- +79.9%
- –
- +1.6%
- –
- +76.0%
Financial health
- 7.5×
- 1.82
- 61.5%
- -12.7×
- 8.26
- 8.26
- 0.25
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $19.42
- Range
- $14.00 – $22.50
- 5 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 11, 2026 | -0.52 | -0.25 | −108.0% |
| Feb 5, 2026 | -0.10 | -0.08 | −25.0% |
| Nov 25, 2025 | -0.01 | 0.26 | −103.8% |
| Aug 7, 2025 | 0.78 | 0.06 | +1,200.0% |
| May 8, 2025 | -0.02 | 0.03 | −166.7% |
| Feb 6, 2025 | -0.07 | -0.08 | +12.5% |
| Dec 2, 2024 | -0.27 | -0.18 | −50.0% |
| Aug 9, 2024 | 0.01 | -0.00 | +354.5% |
News
CleanSpark prices $2.276B senior secured notes due 2031Seeking Alpha · Sep 18, 2026CleanSpark Climbs 5% as Bitcoin Miners Outrun the Coin; Strategy Rises 4%Yahoo Finance · Sep 17, 2026Blue Owl, FactSet in losers; Wells Fargo, CleanSpark in gainers: week's financials wrapSeeking Alpha · Sep 12, 2026The newest story we have is from Sep 18, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about CleanSpark
Is CleanSpark a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the CleanSpark AI analysis
What does CleanSpark do?
CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. It is in Asset Management - Cryptocurrency, based in Henderson, NV, United States, with 309 employees.
Does CleanSpark pay a dividend?
Yes. In 2025 it paid out $10.7 million in dividends.
Is CleanSpark stock halal?
No. CleanSpark does not pass our halal screen: its debt is 48% of its market value, at or above the 33% limit. How we check
How has CleanSpark stock done over the past year?
Down 44.5% over the past twelve months, to $6.65. It traded between $5.68 and $18.81 and is 64.6% below its high.
Who are CleanSpark's competitors?
The largest listed companies in the same industry are Coincheck Group, Ethzilla, Brera Holdings and Fold Holdings. The peers table on this page compares their profit, growth and price with CleanSpark's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



