Loading...
•
Dec 31, 2025
Cleanspark Q1 2026 Earnings Report
CleanSpark reported its financial results for the first quarter of fiscal year 2026, showing increased revenue and a strengthened balance sheet.
Key Takeaways
CleanSpark reported a revenue of $181.2 million for Q1 fiscal year 2026, an 11.6% increase from the prior year, and a net loss of $378.7 million. The company significantly strengthened its balance sheet with $1.5 billion in total current assets, including $458.1 million in cash and $1.0 billion in bitcoin, and secured up to 890 megawatts of new utility-grade power capacity.
CleanSpark's Q1 fiscal year 2026 revenue increased by 11.6% to $181.2 million compared to the same period last year.
The company reported a net loss of $378.7 million, or ($1.35) per basic share, for the quarter.
Adjusted EBITDA decreased to ($295.4) million from $321.6 million in the prior year period.
Total current assets reached $1.5 billion, with cash at $458.1 million and bitcoin holdings valued at $1.0 billion.
Revenue by Segment
Forward Guidance
CleanSpark is strategically expanding its infrastructure platform to include high-performance computing (HPC) and artificial intelligence (AI) solutions, leveraging its utility-grade power assets and strong cash flows from bitcoin mining to drive long-term shareholder value.
Positive Outlook
- Strengthening financial foundation with a robust balance sheet and increasing power and land portfolio.
- Securing up to 890 megawatts of high-quality utility potential capacity in the Houston region.
- Advancing the Sandersville site with an additional 122-acre parcel for AI tenancy.
- Generating durable cash flows from scaled bitcoin mining operations to fund long-duration infrastructure opportunities.
- Building an infrastructure platform with multiple, independently valuable earnings streams anchored by scarce, utility-grade power.
Challenges Ahead
- Risk that electrical power available to facilities may not increase as expected.
- Volatility and unpredictability of emerging industries, including BTC prices and increasing difficulty rates for bitcoin mining.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...