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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q3 FY262026-06-30 | Q2 FY262026-03-31 | Q1 FY262025-12-31 | Q4 FY252025-09-30 | Q3 FY252025-06-30 | Q2 FY252025-03-31 | Q1 FY252024-12-31 | Q4 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $138.01M | $136.41M | $181.18M | $223.65M | $198.64M | $181.71M | $162.31M | $89.28M |
| Cost of revenue | $85.48M | $81.69M | $95.62M | $97.26M | $90.13M | $85.42M | $70.29M | $57.14M |
| Gross profit | $52.53M | $54.72M | $85.56M | $126.39M | $108.52M | $96.29M | $92.02M | $32.13M |
| Gross margin | 38.1% | 40.1% | 47.2% | 56.5% | 54.6% | 53.0% | 56.7% | 36.0% |
| Selling, general and administrative | $25.41M | $25.76M | $44.63M | $18.18M | $19.57M | $14.72M | $34.81M | $15.78M |
| Operating expenses | $282.00M | $396.41M | $402.34M | $548.68M | −$137.80M | $236.54M | −$117.17M | $207.97M |
| Operating income | −$229.47M | −$341.69M | −$316.78M | −$422.28M | $246.32M | −$140.25M | $209.19M | −$175.84M |
| Operating margin | -166.3% | -250.5% | -174.8% | -188.8% | 124.0% | -77.2% | 128.9% | -197.0% |
| EBITDA | −$118.44M | −$221.80M | −$209.07M | −$313.96M | $341.20M | −$61.35M | $275.41M | −$115.86M |
| Interest income | $2.14M | $3.07M | $2.19M | $280.00K | $355.00K | $2.01M | $1.48M | $2.65M |
| Interest expense | −$2.04M | −$2.05M | −$3.70M | −$5.06M | −$3.45M | −$1.27M | −$1.56M | −$898.00K |
| Income before taxes | −$242.81M | −$388.23M | −$410.13M | $13.91M | $275.50M | −$141.84M | $256.01M | −$62.33M |
| Income taxes | −$2.97M | −$9.89M | −$31.42M | $14.83M | $18.11M | −$3.04M | $9.22M | −$155.00K |
| Net income | −$239.84M | −$378.34M | −$378.71M | −$925.00K | $257.39M | −$138.79M | $246.79M | −$62.18M |
| Net margin | -173.8% | -277.4% | -209.0% | -0.4% | 129.6% | -76.4% | 152.1% | -69.6% |
| EPS, basic | −$0.89 | −$1.52 | −$1.35 | −$0.01 | $0.90 | −$0.49 | $0.85 | −$0.27 |
| EPS, diluted | −$0.89 | −$1.52 | −$1.35 | −$0.01 | $0.78 | −$0.49 | $0.83 | −$0.27 |
| Diluted shares | 268.43M | 267.83M | 281.47M | 317.76M | 325.59M | 280.85M | 291.89M | 216.86M |
Figures describe CleanSpark shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.