Cleanspark R&D Spending Growth & History (CLSK)

Cleanspark's r&d spending was $163,918 for fiscal 2020.

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Cleanspark annual r&d spending history

Cleanspark annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20202020-09-30$163,918−$1.3M−88.72%
20192019-09-30$1.5M$1.4M+20117.45%
20182018-09-30$7,190$6,599+1116.58%
20172017-09-30$591−$1,235−67.63%
20162016-09-30$1,826−$50,462−96.51%
20152015-09-30$52,288

Cleanspark r&d spending trends

Over the last five fiscal years, Cleanspark's r&d spending increased from $52,288 to $163,918, a change of $111,630. The latest reported quarter, Q3 2021, shows $42,107.

About the metric

What research and development spending means

Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.

Calculation and source

SEC-reported R&D expense

TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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