---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-056324"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:46:45.499312+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CleanSpark Q2 revenue $111.8M (+163% YoY); net income $126.7M vs prior loss

## Summary
- Revenue $111.8M, up 163% YoY from $42.5M; net income $126.7M ($0.59 basic EPS) vs loss of $18.5M.
- Adjusted EBITDA $181.8M, up from $12.7M in prior year quarter.
- Current hashrate surpasses 17 EH/s; operational capacity increased over 60% with new facilities.
- Cash $323.1M, bitcoin $358.0M; total current assets $687.8M; debt only $12.8M.
- Favorable all-in power cost of 4.3 cents/kWh; wholesale as low as 1.3 cents/kWh.

## SEC filing metadata
- accession: 0000950170-24-056324
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2024-05-09T23:59:59+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/827876/000095017024056324/0000950170-24-056324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017024056324/clsk-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-056324
- JSON: https://secwatch.observer/filing/0000950170-24-056324.json
- Plain text: https://secwatch.observer/filing/0000950170-24-056324.txt

## Key facts
- Earnings Releases
  CLEANSPARK, INC. reported the three months ended March 31, 2024 results: revenue $111.8 million, net income $126.7 million, EPS $0.59 basic income per share.
  - Period: the three months ended March 31, 2024
  - Revenue: $111.8 million
  - Net income: $126.7 million
  - EPS: $0.59 basic income per share
  - Result: reported results
  source text: The Company increased its quarterly revenues to $111.8 million, an increase of $69.3 million, or 163% from $42.5 million for the same prior year period. • Net income for the three months ended March 31, 2024, was $126.7 million or $0.59 basic income per share compared to a loss of ($18.5) million or ($0.23) loss per share for the same prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827876/000095017024056324/0000950170-24-056324-index.htm

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