Cleanspark Inc.
CleanSpark Reports Q2 2026 Financial Results with Decreased Revenues and Net Loss
Summary
CleanSpark, Inc. reported financial results for the second fiscal quarter of 2026, showing a decrease in quarterly revenues by $45.3 million to $136.4 million and a net loss of $378.3 million. The company's Adjusted EBITDA also decreased significantly to ($241.2 million). Despite the financial challenges, CleanSpark continues to expand its digital infrastructure, with notable progress in land and power development, leasing, and financing. The company maintains a strong liquidity position with $260.3 million in cash and $925.2 million in Bitcoin holdings as of March 31, 2026.
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About Cleanspark Inc.
Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.
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