# CleanSpark share price today (CleanSpark, Inc., CLSK)

> CleanSpark, Inc. is reporting record margins. CLSK · Financials · Capital Markets · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/clsk

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## Key numbers

- Price: $8.15 (−54.2% in a year)
- P/BV: 2.8× (higher than 86% of the last 5.3 years)
- Revenue (Jun 2026): $138 M (−30.5% on a year ago)
- Profit (Jun 2026): −$240 M (−195.3% on a year ago)
- Net margin: −173.8% (−300.6 points on a year ago)
- ROE: −69%, FY25

Biggest thing to watch: the net margin is the best this company has ever reported. Every ratio looks better at a record, so the story depends on the net margin staying high. ## What is the CleanSpark share price today? CleanSpark, Inc.'s share price was $8.15 at the close on 3 November 2026. It has been moving sideways for 5 weeks. That is 33.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $8 and $18, and at that close it sat 5% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 14 weeks running. Over the last 10 years the share price moved −74% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does CleanSpark pay? CleanSpark, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is CleanSpark on? CleanSpark is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is CleanSpark profitable? CleanSpark, Inc. posted a net loss of $240 M in the Jun 2026 quarter. Full-year FY25 profit was $353 M. That loss is 173.8% of the quarter's revenue. The same quarter a year earlier earned $252 M. 8 of the last 12 reported quarters were loss-making. Jun 2026 profit was −$240 M, −195.3% on a year earlier. ## How much revenue does CleanSpark make, and is it growing? CleanSpark, Inc. reported $138 M of income in the Jun 2026 quarter, −30.5% on the same quarter a year earlier. Over 4 years it has grown 110.2% a year on average. The last full year, FY25, came in at $766 M. The last four reported quarters add to $679 M. FY25 revenue was $766 M, +102.2% on the year before. Recent pace: the last four quarters grew +26.7% on average, against 110.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +7.5%, against +40.9% a year over the last 8 quarters (rolling over). ## How much does CleanSpark keep from what it earns? CleanSpark, Inc.'s net margin was −173.8% in the Jun 2026 quarter, 300.6 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −82.0% and 46.1%. The latest quarter is below every full year in that period. Across 5 years it has been between −82.0% and 46.1%, and FY25's 46.1% is the highest of them. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## How many of CleanSpark's loans have gone bad? CleanSpark, Inc. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is CleanSpark's loan book growing? CleanSpark, Inc.'s revenue was $766 M in FY25, +102.2% on the year before, so the loan book is growing. The latest quarter was −30.5% on a year earlier. The net margin on that income is −173.8%, −300.6 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is CleanSpark's P/BV ratio, and how does it compare with its own history? CleanSpark, Inc.'s P/BV is 2.8×, near the high end of its own history: higher than 86% of past readings. Its usual P/BV (the middle reading) is 1.5×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about −69% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve. Where the price move came from: over 5 years the price moved −16.8% a year; about −18.4% a year came from book-value growth and about +1.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple. ## Is the CleanSpark business getting better or worse? CleanSpark, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does CleanSpark earn on its equity and assets? CleanSpark, Inc. earned a return on equity of 16% in FY25. Its lowest yearly reading on file was −20% in FY23. On its assets, every $100 earned about −$27.72, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does CleanSpark have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the CleanSpark shareholding pattern? 31.9% of CleanSpark, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 4.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is CleanSpark from balance-sheet trouble? For CleanSpark, Inc., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does CleanSpark rank in its industry? There is no score against its industry: CleanSpark, Inc. is not among the largest members shown in this industry comparison for Capital Markets. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is CleanSpark compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to CleanSpark in size? CleanSpark is the 34th largest of 53 Capital Markets companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Lazard, Inc., Miami International Holdings, Inc. and MARA Holdings, Inc. Just below it: eToro Group, Sharplink, Inc. and Perella Weinberg Partners. ### Capital Markets companies close in size

1. [Lazard, Inc.](https://www.sectoralpha.in/us/stocks/laz) $3.7 billion
2. [Miami International Holdings, Inc.](https://www.sectoralpha.in/us/stocks/miax) $3.4 billion
3. [MARA Holdings, Inc.](https://www.sectoralpha.in/us/stocks/mara) $2.8 billion
4. CleanSpark, Inc. $2.1 billion
5. [eToro Group Ltd.](https://www.sectoralpha.in/us/stocks/etor) $1.8 billion
6. [Sharplink, Inc.](https://www.sectoralpha.in/us/stocks/sbet) $1.4 billion
7. [Perella Weinberg Partners](https://www.sectoralpha.in/us/stocks/pwp) $1.4 billion

[All 53 Capital Markets companies, largest first](https://www.sectoralpha.in/us/sectors/capital-markets#all-companies)

### Companies close in size in other industries

1. [Infleqtion, Inc.](https://www.sectoralpha.in/us/stocks/infq) $1.8 billion · Software - Infrastructure
2. [ATS Corporation](https://www.sectoralpha.in/us/stocks/ats) $1.8 billion · Specialty Industrial Machinery
3. CleanSpark, Inc. $1.8 billion
4. [S&T Bancorp, Inc.](https://www.sectoralpha.in/us/stocks/stba) $1.8 billion · Banks - Regional
5. [Progress Software Corporation](https://www.sectoralpha.in/us/stocks/prgs) $1.8 billion · Software - Infrastructure

## What else do people ask about CleanSpark? ### What were CleanSpark's latest quarterly results? CleanSpark, Inc. reported total income of $138 M and a net loss of $240 M for the Jun 2026 quarter. Income fell 30.5% and profit fell 195.3% compared with a year earlier. Earnings per share were −$0.89. The net margin was −173.8%, 300.6 percentage points lower than a year earlier (as of 3 November 2026). ### What is CleanSpark's market cap? CleanSpark, Inc.'s market capitalisation is $2.1 B at a stock price of $8.15. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is CleanSpark performing? CleanSpark, Inc.'s share price has been moving sideways for 5 weeks. In its latest quarter, income fell 30.5% and profit fell 195.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 14 weeks running (as of 3 November 2026). ### Will CleanSpark's stock price go up? This page does not forecast CleanSpark, Inc.'s stock price. What it shows instead: the stock price is $8.15, and it has been moving sideways for 5 weeks. Its P/BV of 2.8× is higher than 86% of its own last 5 years (as of 3 November 2026). ### Where is CleanSpark in its business cycle? CleanSpark, Inc.'s FY25 net margin was 46.1%, against a 5-year range of −82.0% to 46.1%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was −173.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the CleanSpark story? Biggest thing to watch: the net margin is the best this company has ever reported. Every ratio looks better at a record, so the story depends on the net margin staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is CleanSpark a stock worth studying right now? What the numbers show: CleanSpark, Inc. is reporting record margins. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.