CleanSpark CLSK
Capital Markets

CleanSpark trades at 4.6x EV/NTM revenue on a $3.42B enterprise value. Revenue grew -30.5% year over year to $138.0M in the quarter ending June 2026, an annual run rate of $552.0M. CleanSpark reports a 38.1% gross margin.

ARR ($M)
Net Dollar Retention
--
ARR Growth
--
EV / NTM Revenue
4.6x
Payback Period
EV / Run Rate
6.2x
Price & Key Metrics
Price Performance
Company Details
Share Price: 7.15
Last Filing Date: 2026-06-30
Last Filing: Form
Founding Year: 1987
IPO Year: 2011
% of 52 wk High: 38%
Description
CleanSpark, Inc. operates as a bitcoin mining company in the Americas. The company owns, leases, and operates data centers and power assets.
Categories
Capital Markets
Valuation
Market Cap: 1,836.242
Enterprise Value: 3,416.005
EV / Revenue Run Rate: 6.2x
EV / NTM Revenue: 4.6x
EV / 2026 Revenue Estimates: 5.2x
EV / 2027 Revenue Estimates: 5.4x
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: --
ARR Growth %: --
ARR/Customer ($K): --
ARR/Employee ($K): --
Revenue
Revenue Run Rate: 552
ARR: --
2026 Revenue Estimates: 652
2027 Revenue Estimates: 628
2028 Revenue Estimates: --
LTM Revenue: 679
Last Year Run Rate: 794
Growth
Revenue Growth: -31%
ARR Growth: --
Growth Persistence: --
2026 Revenue Growth Estimates: --
2027 Revenue Growth Estimates: -4%
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is CleanSpark growing?

CleanSpark grew revenue -30.5% year over year, reaching $138.0M in the quarter ending June 2026.

What multiple does CleanSpark trade at?

CleanSpark trades at 4.6x EV/NTM revenue and 6.2x EV/run-rate, on an enterprise value of $3.42B.

Is CleanSpark profitable?

For CleanSpark, operating income was -$232.4M last quarter and LTM free cash flow margin is -91.5%.

What sector is CleanSpark in?

Public Comps classifies CleanSpark under Capital Markets.

Where does Public Comps get CleanSpark's data?

Figures come from CleanSpark's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.