---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-012761"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T06:08:31.042203+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CleanSpark Q1 FY2024 revenue $73.8M (+165% YoY), net income $25.9M vs loss

## Summary
- Revenue of $73.8M, up 165% YoY from $27.8M; net income of $25.9M vs loss of $29.0M.
- Adjusted EBITDA $69.1M vs ($2.0M) prior year; EPS $0.14 vs ($0.46) loss per share.
- Current hashrate >12.5 EH/s; reiterates 20 EH/s target in H1 FY2024, path to 50 EH/s.
- Balance sheet: cash $48.5M, bitcoin holdings $127M, total assets $862.7M, debt $14.5M.
- CEO says consensus estimates beaten across revenue, EPS, and profitability.

## SEC filing metadata
- accession: 0000950170-24-012761
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000095017024012761/0000950170-24-012761-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017024012761/clsk-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-012761
- JSON: https://secwatch.observer/filing/0000950170-24-012761.json
- Plain text: https://secwatch.observer/filing/0000950170-24-012761.txt

## Key facts
- Earnings Releases
  CLEANSPARK, INC. reported the three months ended December 31, 2023 results: revenue $73.8 million, net income $25.9 million, EPS $0.14 basic income per share.
  - Period: the three months ended December 31, 2023
  - Revenue: $73.8 million
  - Net income: $25.9 million
  - EPS: $0.14 basic income per share
  - Result: reported results
  source text: set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 CleanSpark Reports First Quarter FY2024 Financial Results FY2024 First Quarter Revenue of $73.8 million, net income of $25.9 million and Adjusted EBITDA of $69.1 million Revenue grows 165% year over year Current hashrate surpasses 12.5 EH/s LAS VEGAS—CleanSpark, Inc. (Nasdaq: CLSK)
  evidence_url: https://www.sec.gov/Archives/edgar/data/827876/000095017024012761/0000950170-24-012761-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.