CLEANSPARK, INC.
Company Stats
- Market Cap
- $3.3B
- as of Sep 30, 2026
- Enterprise Value
- $4.1B
- Shares Outstanding
- 256.8M
- Free Float
- 92.1%
Income Statement
- Revenue
- $766.3M
- Operating Income
- $318.9M
- Net Income
- $364.5M
- EBITDA
- $667.3M
- Non-cash Impairment
- $197.0M
- Revenue Growth, 3Y
- 79.9%
- FCF Margin, 3Y Avg
- -68.3%
- FCF Margin, Worst Year
- -79.1%
Cash Flow
- Free Cash Flow
- -$605.7M
- FCF Yield
- -18.3%
- Owner FCF Yield
- -19.7%
Balance Sheet
- Cash & Equivalents
- $43.0M
- Total Debt
- $821.2M
- Net Debt
- $778.2M
- Net Debt / EBITDA
- 1.17x
- EV / EBITDA
- 6.12x
- Net Debt / EBIT
- 2.44x
Returns & Capital
- Share Repurchases
- $145.0M
- Buyback Yield, 3Y Avg
- 1.5%
- SBC, 3Y Avg
- $33.0M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $766.3M | -$605.7M | -79.0% |
| FY2024 | $379.0M | -$299.8M | -79.1% |
| FY2023 | $168.4M | -$78.7M | -46.7% |
| FY2022 | $131.5M | $54.2M | 41.2% |
| FY2021 | $39.3M | -$163.2M | -415.5% |
Annual filing data through FY ended September 30, 2025; shares and float as of October 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Financial Services Earnings: Demand Strong, Costs Bite Back
Hard Assets Draw Capital as Financing Costs Stay High