Cleanspark annual gross margin
2014
2016
2017
2018
2019
2020
Cleanspark Gross Margin Growth & History (CLSK)
Cleanspark's gross margin was 24.60% for fiscal 2020.
View full Cleanspark company overviewCleanspark annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2020 | 2020-09-30 | 24.60% | +6.70 pp |
| 2019 | 2019-09-30 | 17.90% | −14.57 pp |
| 2018 | 2018-09-30 | 32.47% | −1.39 pp |
| 2017 | 2017-09-30 | 33.86% | −28.03 pp |
| 2016 | 2016-09-30 | 61.89% | −10.72 pp |
| 2014 | 2014-09-30 | 72.60% | — |
Cleanspark quarterly gross margin
Q3.14
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2021 | 2020-12-31 | 84.99% | +74.82 pp |
| Q4 2020 | 2020-09-30 | 57.72% | +43.36 pp |
| Q3 2020 | 2020-06-30 | 18.19% | −0.77 pp |
| Q2 2020 | 2020-03-31 | 21.00% | −14.30 pp |
| Q1 2020 | 2019-12-31 | 10.17% | −4.89 pp |
| Q4 2019 | 2019-09-30 | 14.37% | −68.95 pp |
| Q3 2019 | 2019-06-30 | 18.96% | +6.73 pp |
| Q2 2019 | 2019-03-31 | 35.30% | −0.44 pp |
| Q1 2019 | 2018-12-31 | 15.06% | −49.17 pp |
| Q4 2018 | 2018-09-30 | 83.32% | +37.85 pp |
| Q3 2018 | 2018-06-30 | 12.23% | −19.15 pp |
| Q2 2018 | 2018-03-31 | 35.74% | +22.73 pp |
| Q1 2018 | 2017-12-31 | 64.23% | −14.35 pp |
| Q4 2017 | 2017-09-30 | 45.47% | −27.13 pp |
| Q3 2017 | 2017-06-30 | 31.38% | — |
| Q2 2017 | 2017-03-31 | 13.02% | — |
| Q1 2017 | 2016-12-31 | 78.57% | — |
| Q3 2014 | 2014-06-30 | 72.60% | — |
Cleanspark gross margin trends
Over the last five reported fiscal years, Cleanspark's gross margin decreased from 72.60% to 24.60%, a change of −48.00 percentage points. The latest reported quarter, Q1 2021, shows 84.99%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cleanspark filings at SEC.gov ↗