CleanSpark Inc (NASDAQ:CLSK) reported financial results for the first quarter of fiscal 2026 on Thursday after the bell. Here’s a look at the key details from the print.

• CleanSpark stock is among today’s weakest performers. Why is CLSK stock dropping?

CleanSpark Falls Short Of Expectations In Q1

CleanSpark reported first-quarter revenue of $181.18 million, missing analyst estimates of $195.54 million. Revenue was up 11.6% year-over-year in the quarter.

The company reported a first-quarter loss of $1.35 per share, missing estimates for a loss of 15 cents per share, according to Benzinga Pro.

“Importantly, this expansion is being funded from a position of strength. Our scaled Bitcoin mining operations continue to generate durable cash flows, and those cash flows are now being redeployed into long-duration infrastructure opportunities that we believe can drive significant shareholder value over time.”

CleanSpark executives will further discuss the company's financial results on an earnings call at 4:30 p.m. ET.

CLSK Shares Get Hit After The Bell

CLSK Price Action: CleanSpark shares were down 9.26% in Thursday’s after-hours session, trading at $7.50 at the time of publication, per Benzinga Pro. The stock is trading near its 52-week low of $6.46. CleanSpark has traded as high as $23.61 over the past 12 months.

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