Cleanspark, Inc. income statement
In fiscal 2025, Cleanspark, Inc. reported revenue of $766m, up 102.2% on the year before, operating income of $319m (a 41.6% margin) and net income of $364m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 10 | 39 | 132 | 168 | 379 | 766 |
| Cost of revenue | — | — | — | — | 0 | 0 | 0 | 0 | 4 | 8 | 5 | 41 | 94 | 166 | 343 |
| Gross profit | — | — | — | — | 0 | 0 | 0 | 0 | 1 | 2 | 34 | 90 | 75 | 213 | 423 |
| Research and development | — | — | — | — | — | 0 | 0 | 0 | 1 | 0 | — | — | — | — | — |
| General and administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 6 | 10 | 21 | 30 | 53 |
| Operating income | −0 | −0 | −0 | −0 | −0 | −3 | −13 | −7 | −17 | −15 | −12 | −38 | −131 | −149 | 319 |
| Interest expense | −0 | −0 | −0 | −0 | −0 | 0 | 0 | 1 | 9 | 11 | 0 | 1 | 3 | 2 | 11 |
| Net interest income | — | — | — | — | — | — | — | — | −9 | −10 | — | — | — | — | — |
| Income before tax | −0 | −0 | — | — | — | — | — | — | — | — | −8 | −40 | −134 | −146 | 364 |
| Income tax | 0 | 0 | 0 | −0 | −0 | −1 | −13 | — | — | — | 0 | 0 | 2 | 3 | 39 |
| Net income | −0 | −0 | −0 | −0 | −0 | −3 | −13 | −47 | −26 | −23 | −22 | −57 | −138 | −146 | 364 |
| Diluted EPS | −$0.00 | −$0.00 | −$0.03 | −$0.05 | −$0.02 | — | — | — | −$1.04 | −$0.41 | −$0.38 | — | −$0.65 | — | — |
| Diluted shares (average) | — | — | — | — | 2m | 14m | 19m | 21m | 25m | 57m | 59m | 85m | 205m | 217m | 318m |
| EBITDA | — | — | — | — | −0 | −2 | −11 | −6 | −15 | −12 | −3 | 11 | −10 | 6 | 667 |
| Quarter | 2023 Q1Dec 2022 | 2023 Q2Mar 2023 | 2023 Q3Jun 2023 | 2023 Q4Sept 2023 | 2024 Q1Dec 2023 | 2024 Q2Mar 2024 | 2024 Q3Jun 2024 | 2024 Q4Sept 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 43 | 46 | 53 | 74 | 112 | 104 | 89 |
| Cost of revenue | 20 | 22 | 21 | 30 | 29 | 34 | 45 | 57 |
| Gross profit | 7 | 20 | 25 | 22 | 45 | 78 | 59 | 32 |
| General and administrative | 4 | 4 | 5 | 8 | 5 | 7 | 8 | 10 |
| Operating income | −29 | −17 | −16 | −69 | 29 | 137 | −249 | −66 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| Income before tax | −30 | −18 | −14 | −71 | 26 | 127 | −236 | −62 |
| Income tax | 0 | 0 | 0 | 2 | 1 | 12 | −9 | −0 |
| Net income | −29 | −18 | −14 | −76 | 26 | 127 | −236 | −62 |
| EBITDA | −10 | 4 | 6 | −11 | 58 | 169 | −208 | −14 |
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