earnings
confidence high
sentiment negative
materiality 0.85
CleanSpark Q3 FY2026 revenue $138M (-30.5% YoY), net loss $239.8M; signs $6.6B Sandersville lease
CLEANSPARK, INC.
- Revenue $138.0M, down 30.5% YoY from $198.6M; net loss ($239.8M) or ($0.89) per basic share.
- Adjusted EBITDA ($113.0M) vs ($377.7M) in prior year period.
- Signed 20-year $6.6B triple-net lease at Sandersville with high investment-grade tenant; equity portion fully funded.
- Balance sheet: cash $202.6M, bitcoin $814.9M, total assets $2.7B, long-term debt $1.8B.
- CEO cites strategic evolution to diversified digital infrastructure platform; CFO notes de-risked execution.