CleanSpark Misses Wall Street Revenue Estimates as Shares Sink

CleanSpark’s shares fell 5.5% after the Bitcoin miner reported $138 million in fiscal third-quarter revenue, narrowly missing Wall Street’s consensus estimate.

CleanSpark Misses Wall Street Revenue Estimates as Shares Sink

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Written by

Zoltan Vardai

staff writer

Reviewed by

Yohan Yun

staff editor

Written by

Zoltan Vardai

staff writer

Reviewed by

Yohan Yun

staff editor

CleanSpark misses Wall Street revenue estimates as shares sink

Latest News

Published

Aug 7, 2026

CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate.

Nasdaq-listed Bitcoin mining company CleanSpark reported $138 million in revenue for the third quarter of fiscal 2026.

The $138 million represented a 30.5% year-over-year decrease from $198 million, according to its quarterly

results

published on Thursday.

CleanSpark also reported a net loss of $239 million, or $0.89 per basic share, for the three months ended on June 30, compared with $257 million in net income, or $0.90 per share, for the same period last year.

The revenue narrowly missed analysts’ consensus estimate of $142.2 million, according to analyst

estimates

compiled by Yahoo Finance.

CleanSpark’s shares fell 5.5% on Thursday, but staged a 3% pre-market recovery on Friday to trade above $13.10, Yahoo Finance

data

showed.

CleanSpark is among the companies that have expanded beyond their core Bitcoin (BTC) mining operations into AI and high-performance computing infrastructure.

On July 14,

CleanSpark signed a

20-year data center lease with an undisclosed investment-grade global technology company for a 175-megawatt data center at its Sandersville, Georgia, campus. The company estimated the deal would generate $6.6 billion in contracted revenue over the initial term.

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