{ "ok": true, "cik": "827876", "ticker": "CLSK", "name": "CleanSpark, Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-18", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/827876/000119312526395727/0001193125-26-395727-index.htm" }, { "form": "8-K", "filed": "2026-09-17", "items": [ "7.01 Regulation FD Disclosure", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/827876/000119312526393758/0001193125-26-393758-index.htm" }, { "form": "10-Q", "filed": "2026-08-06", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/827876/000119312526338382/0001193125-26-338382-index.htm" }, { "form": "8-K", "filed": "2026-08-06", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/827876/000119312526337999/0001193125-26-337999-index.htm" }, { "form": "8-K", "filed": "2026-07-14", "items": [ "7.01 Regulation FD Disclosure", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/827876/000119312526302448/0001193125-26-302448-index.htm" }, { "form": "10-Q", "filed": "2026-05-11", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/827876/000119312526217036/0001193125-26-217036-index.htm" } ], "events12m": 17, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000827876.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=827876" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up CleanSpark, Inc. ($CLSK). Last filing: 8-K (8.01 Other Events), 2026-09-18. 17 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-09-30", "revenue": 766314000, "revenueGrowth1y": 1.0221074074855925, "revenueGrowthPerYear": 1.1015473670723215, "yearsOfData": 5, "operatingMargin": 0.4162118922530451, "operatingMarginPrior": -0.39328650440142704, "netMargin": 0.47560660512531416, "operatingCashFlow": -461032000, "capitalSpending": null, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 42966000, "longTermDebt": 644586000, "longTermDebtChange": 88.8252508361204, "revenueHistory": [ { "fiscalYearEnd": "2021-09-30", "revenue": 39287105 }, { "fiscalYearEnd": "2022-09-30", "revenue": 131525000 }, { "fiscalYearEnd": "2023-09-30", "revenue": 168408000 }, { "fiscalYearEnd": "2024-09-30", "revenue": 378968000 }, { "fiscalYearEnd": "2025-09-30", "revenue": 766314000 } ], "totalEquity": 2175127000, "totalAssets": 3183631000, "equityRatio": 0.6832220819561061, "returnOnEquity": 0.16755987121671517, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 1154996779.9313393, "high": 1856370331.639138, "baseline": 1464245410.6634626, "n": 4309, "band": "b01" }, "ifPaceHeld": { "low": 1154996779.9313393, "high": 1856370331.639138 } }, "edgarette": "🔖 Exposure: revenue $766.3M (FY2025), total debt $644.6M. Experience: revenue up 102.2% on the year, up 110.2% a year over 4 years; operating margin 41.6%, up from -39.3%. Soundness: equity 68.3% of assets, return on equity 16.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.2B and $1.9B next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (36 filers, $50M+ revenue, finance services): operating margin 41.6% against a -6.4% median; growth 102.2% against 16.8%.", "peers": { "sic": 6199, "sicDescription": "Finance Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6199", "growth": [ 0.1678, 51 ], "opMargin": [ -0.0639, 36 ], "equityRatio": [ 0.4195, 46 ], "returnOnEquity": [ -0.0512, 41 ] }, "summary": "CleanSpark (CLSK) grew revenue 102% in FY2025 to $766 million, operating margin 41.6% against a -6.4% median for finance services, equity 68.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
CleanSpark, Inc. against its own record and its peers
Operating marginPeer median -6.4%41.6%Revenue, on the yearPeer median 16.8%102.2%Equity of assetsPeer median 41.9%68.3%Return on equityPeer median -5.1%16.8%Gold tick: the median of 41–46 peers with $50M+ revenue in finance services
", "chartHorizon": null, "backtest": { "tests": 7, "hits": 3, "rate": 0.42857142857142855, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:20:47.687Z", "hash": "567f898ed879fd76", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "CleanSpark (CLSK) grew revenue 102% in FY2025 to $766 million, operating margin 41.6% against a -6.4% median for finance services, equity 68.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-09-30", "revenue": 766314000, "totalDebt": 644586000, "cash": 42966000 }, "experience": { "revenueGrowth1y": 1.0221074074855925, "revenueGrowthPerYear": 1.1015473670723215, "operatingMargin": 0.4162118922530451, "operatingMarginPrior": -0.39328650440142704, "netMargin": 0.47560660512531416, "freeCashFlow": null }, "soundness": { "equityRatio": 0.6832220819561061, "returnOnEquity": 0.16755987121671517, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6199, "sicDescription": "Finance Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6199", "growth": [ 0.1678, 51 ], "opMargin": [ -0.0639, 36 ], "equityRatio": [ 0.4195, 46 ], "returnOnEquity": [ -0.0512, 41 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 1154996779.9313393, "high": 1856370331.639138, "baseline": 1464245410.6634626, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4309, "sizeBand": "b01" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 7, "hits": 3, "rate": 0.42857142857142855, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:20:47.687Z", "hash": "567f898ed879fd76", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000827876.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=827876" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }