earnings
confidence high
sentiment negative
materiality 0.85
CleanSpark reports Q2 FY2026 revenue $136.4M, net loss $378.3M; Bitcoin holdings up 14% YoY
CLEANSPARK, INC.
- Revenue $136.4M, down 24.9% YoY; net loss ($378.3M) or ($1.52) per basic share.
- Adjusted EBITDA loss widened to ($241.2M) from ($57.8M) in prior year.
- Balance sheet: cash $260.3M, Bitcoin holdings $925.2M, total assets $2.9B.
- Operational: Bitcoin holdings +14% YoY, avg monthly hashrate +18% YoY.
- ERCOT approved 300 MW in Brazoria; total ERCOT capacity 585 MW under contract.