Equity Profile

CLSK

CleanSpark, Inc.

Information TechnologyApplication Software$3.2B

Aug6Thu

Pre-Earnings Brief

UpcomingQ3-2026After Close5:00 PM EDT

Company Snapshot

CleanSpark, Inc. is a technology company focused on application software, particularly in the clean energy sector....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth is crucial for understanding how well CleanSpark is expanding its market presence and customer base.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

CLSK Q3-2026 Earnings Preview

Context

Company Snapshot

CleanSpark, Inc. is a technology company focused on application software, particularly in the clean energy sector. With a market cap of $3 billion, it plays a significant role in the growing demand for sustainable solutions in the tech industry.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-546.53%

Avg Stock Reaction

-0.55%

Last Quarter Recap

In Q2 2026, CleanSpark reported an EPS of -$1.52, significantly missing expectations. The stock reacted positively the following day, gaining 0.70%.

Management Promises & Guidance

Management committed to improving operational efficiencies.
They emphasized a focus on expanding their software solutions.
Plans to enhance customer engagement were highlighted.

Expectations

Wall Street Expectations

Overall, expectations are mixed as CleanSpark has struggled with profitability in recent quarters. Investors are keen to see if the company can turn around its performance.

Bull Case

If CleanSpark can show improved EPS and revenue growth, it may signal a recovery and attract more investors looking for growth in the tech sector.

Bear Case

Conversely, continued losses and lack of revenue growth could lead to further declines in stock price, as investors may lose confidence in the company's direction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter?

Given the company's recent history of significant EPS misses, the market will closely watch this figure to assess financial health.

How is revenue growth trending compared to last quarter?

Investors need to see a clear upward trend in revenue to regain confidence in CleanSpark's growth strategy.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate CleanSpark's potential for a turnaround, given recent operational commitments and market trends.

Supporting Evidence

Management's focus on operational efficiencies could lead to improved margins.

The tech sector's shift towards sustainable solutions may benefit CleanSpark's offerings.

Options pricing suggests a significant move, indicating that traders are anticipating a pivotal shift.

Key Risk

If CleanSpark reports an EPS better than -$1.00, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be critical in determining whether CleanSpark can stabilize its financials and regain investor confidence.

Bull Confirmed If

An EPS improvement to -$0.50 or better, alongside positive revenue growth, would confirm the bull case.

Bear Confirmed If

Continued losses with EPS worse than -$1.50 would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±23.91%

Historical Avg

±6.4%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±23.9% while CLSK has averaged ±6.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.0%

30d HV

71.6%

Calls (3.2M)P/C Ratio: 0.48Puts (689K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If CleanSpark beats expectations, history suggests a potential stock increase of around 4.93%, confirming a positive trend.

In-Line / Cautious

A cautious inline report may lead to muted reactions as investors await further clarity on management's strategy.

Miss

If the company misses expectations, history indicates a likely decline of around 4.16%, which could further erode investor confidence.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on operational efficiencies and their impact on costs.
2Details on customer engagement strategies and their effectiveness.
3Any commentary on market demand for CleanSpark's software solutions.
4Insights into future revenue projections and growth strategies.
5Management's response to recent performance challenges.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Danaos Corporation

Company Snapshot

CleanSpark, Inc. is a technology company focused on application software, particularly in the clean energy sector....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will help investors gauge the company's financial health this quarter.

N/A

Revenue Growth

Revenue growth is crucial for understanding how well CleanSpark is expanding its market presence and customer base.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

CLSK Q3-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-546.53%

Avg Stock Reaction

-0.55%

Last Quarter Recap

In Q2 2026, CleanSpark reported an EPS of -$1.52, significantly missing expectations. The stock reacted positively the following day, gaining 0.70%.

Management Promises & Guidance

Management committed to improving operational efficiencies.
They emphasized a focus on expanding their software solutions.
Plans to enhance customer engagement were highlighted.

Expectations

Wall Street Expectations

Overall, expectations are mixed as CleanSpark has struggled with profitability in recent quarters. Investors are keen to see if the company can turn around its performance.

Bull Case

If CleanSpark can show improved EPS and revenue growth, it may signal a recovery and attract more investors looking for growth in the tech sector.

Bear Case

Conversely, continued losses and lack of revenue growth could lead to further declines in stock price, as investors may lose confidence in the company's direction.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter?

Given the company's recent history of significant EPS misses, the market will closely watch this figure to assess financial health.

How is revenue growth trending compared to last quarter?

Investors need to see a clear upward trend in revenue to regain confidence in CleanSpark's growth strategy.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate CleanSpark's potential for a turnaround, given recent operational commitments and market trends.

Supporting Evidence

Management's focus on operational efficiencies could lead to improved margins.

The tech sector's shift towards sustainable solutions may benefit CleanSpark's offerings.

Options pricing suggests a significant move, indicating that traders are anticipating a pivotal shift.

Key Risk

If CleanSpark reports an EPS better than -$1.00, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will be critical in determining whether CleanSpark can stabilize its financials and regain investor confidence.

Bull Confirmed If

An EPS improvement to -$0.50 or better, alongside positive revenue growth, would confirm the bull case.

Bear Confirmed If

Continued losses with EPS worse than -$1.50 would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±23.91%

Historical Avg

±6.4%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±23.9% while CLSK has averaged ±6.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.0%

30d HV

71.6%

Calls (3.2M)P/C Ratio: 0.48Puts (689K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If CleanSpark beats expectations, history suggests a potential stock increase of around 4.93%, confirming a positive trend.

In-Line / Cautious

A cautious inline report may lead to muted reactions as investors await further clarity on management's strategy.

Miss

If the company misses expectations, history indicates a likely decline of around 4.16%, which could further erode investor confidence.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on operational efficiencies and their impact on costs.
2Details on customer engagement strategies and their effectiveness.
3Any commentary on market demand for CleanSpark's software solutions.
4Insights into future revenue projections and growth strategies.
5Management's response to recent performance challenges.