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Cleanspark vs Fiverr International

Cleanspark is the larger business, with $766m of revenue in fiscal 2025 against $431m for Fiverr International (1.8 times as much). Cleanspark grew faster (102.2% against 10.1%). Cleanspark kept more of each dollar of sales as profit: a net margin of 47.6% against 4.9%.

Latest fiscal yearCleansparkCLSK, 2025Fiverr InternationalFVRR, 2025
Revenue $766m $431m
Revenue growth 102.2% 10.1%
Net income $364m $21.0m
Operating margin — -0.3%
Net margin 47.6% 4.9%
Return on equity 18.5% 5.4%
Free cash flow −$606m $104m
Cash $43.0m $125m
Total debt $821m $0
Debt to equity — 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks $145m $32.5m
Employees 314 —
Market value $2.07bn $304m
Price vs our value range — Below our value range
Moat score 12 (Weak) —
Insider trades, 12 months 0 buys, 7 sales 0 buys, 30 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.