CleanSpark

Q3 FY2026 EarningsQ3 FY26 missed consensus estimates significantly across both top and bottom lines. Revenue of $138.0M slightly missed the $141.8M expectation, down 30.5% YoY, while GAAP EPS of -$0.89 was substantially below the expected -$0.40. Performance was dragged down by a $116.3M loss on the fair value of Bitcoin and challenging mining economics. Despite the miss, management secured a $6.6B lease for the Sandersville project, signaling a strategic shift toward diversified digital infrastructure and high-performance computing (HPC).