CleanSpark Inc (NASDAQ:CLSK) Reports Strong Q3 2025 Earnings, Beating Revenue and EPS Estimates

CleanSpark Inc (NASDAQ:CLSK) reported strong financial results for its third quarter of fiscal 2025, surpassing analyst expectations on both revenue and earnings per share (EPS). The company’s performance highlights its continued growth in the bitcoin mining sector, supported by expanding infrastructure and a growing bitcoin treasury.

Earnings and Revenue Beat Estimates

• Revenue: CleanSpark posted $198.6 million in revenue for Q3 2025, marking a 91% increase year-over-year. This figure exceeded analyst estimates of $196.5 million.
• Earnings Per Share (EPS): The company reported a net income of $257.4 million, translating to $0.78 in diluted EPS—significantly higher than the consensus estimate of $0.21.
• Bitcoin Holdings: CleanSpark now holds 12,703 bitcoin in its treasury, reinforcing its financial position amid volatile cryptocurrency markets.

Market Reaction

Following the earnings release, CleanSpark’s stock saw a modest after-hours gain of approximately 1.4%, suggesting cautious optimism from investors. However, the stock has declined over the past month (-16.9%) and two weeks (-13.1%), reflecting broader market trends in the bitcoin mining sector, which has faced pressure from fluctuating bitcoin prices and energy cost concerns.

Analyst Estimates for Future Performance

Looking ahead, analysts project:

• Q4 2025 Revenue: $232.3 million (estimate)
• Full-Year 2025 Revenue: $770.6 million (estimate)
• Full-Year 2025 EPS: $0.71 (estimate)

The company’s aggressive expansion in mining capacity—now exceeding 1 gigawatt (GW) of contracted power—positions it well to capitalize on future bitcoin price movements and mining difficulty adjustments.

Key Takeaways from the Press Release

• Revenue Growth: The 91% year-over-year increase underscores CleanSpark’s scaling operations.
• Profitability: Strong net income and EPS demonstrate operational efficiency despite high energy costs.
• Infrastructure Expansion: With over 1 GW of power under contract, the company is well-equipped to sustain growth.

For a deeper dive into CleanSpark’s earnings and future estimates, visit the earnings and estimates page.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.