Form 8-K · Current Report · Filed 2026-08-06
CleanSpark Reports Third Fiscal Quarter 2026 Financial Results with Decreased Revenues and Net Loss
CleanSpark, Inc. reported financial results for the third fiscal quarter of 2026, showing a year-over-year decrease in quarterly revenues from $198.6 million to $138.0 million, and a net loss of $239.8 million compared to a net income of $257.4 million in the same period last year. Adjusted EBITDA also decreased from ($377.7 million) to ($113.0 million). The company announced a significant 20-year $6.6 billion triple-net lease at Sandersville, which offers long-term, durable cash flows and de-risked economic returns. The balance sheet highlights include $202.6 million in cash, $814.9 million in bitcoin, and total assets of $2.7 billion.
- Filer
- Cleanspark Inc. CLSK · NASDAQ
- Filed
- Accession
- 0001193125-26-337999
- CIK
- 0000827876
- Signal
- High impactFinancial Services
- Source
- Official filing on sec.gov ↗
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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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