CleanSpark posts Q3 fiscal 2026 revenue miss as shares slip after hours

Bitcoin miner and digital infrastructure company reported $138.01 million in revenue, an 89-cent per-share loss and held $814.9 million in Bitcoin as of June 30.

Summary

CleanSpark reported weaker-than-expected third-quarter fiscal 2026 results, with revenue of $138.01 million falling short of analyst estimates of $148.94 million and declining 30.5% from a year earlier. The company posted a loss of 89 cents per share, wider than estimates for a 32-cent per-share loss, while ending June 30 with $202.6 million in cash and $814.9 million in Bitcoin. Chairman and CEO Matt Schultz said the company is continuing its shift toward a diversified digital infrastructure platform and pointed to the recently announced Sandersville lease as a source of long-term, durable cash flows and lower-risk returns. CleanSpark executives are scheduled to discuss the results on an earnings call at 4:30 p.m. ET. Shares fell 0.99% in after-hours trading to $12.62.

Terms & Concepts
  • digital infrastructure platform: Business model built around scalable computing and related facilities.
  • after-hours trading: Stock trading that occurs after regular market hours.
  • Bitcoin: The largest digital asset by market value.