Company / Gross Margin
CleanSpark, Inc. Gross Margin History
FY2016-FY2020 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
21.1%
FY2020
5-year range
-
FY2016-FY2020
Trend
+42.7%
vs FY2019
Sector context
#188 of 211
Information Technology
What the data says
CleanSpark, Inc.'s gross margin of 21.1% is lower than 89% of companies in the Information Technology sector (FY2020). Gross Margin returned to growth in FY2020 after 3 years of decline, reaching 21.1%.
Based on SEC 10-K filings.
21.1% in FY2020 with a 3-year CAGR of -12.7%.
Declined from 32.5% to 21.1% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -12.7pp
- 5-Year Change
- -
- 10-Year Change
- -
Sector benchmark
Bottom 11% in Information TechnologyTop 89% of 211This company 21.1% Sector average 53.4%
▼
-60.4% below sector average
Key checks
Key Insights
- In FY2020, gross margin increased 42.7% year-over-year.
- Currently 32.3pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2016.
- Lowest gross margin in the period was in FY2019.
Company context
Key Data Points
- Strong profit margin: 47.6%
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | 21.1% | +42.7% |
| FY2019 | 14.8% | -54.4% |
| FY2018 | 32.5% | -4.1% |
| FY2017 | 33.9% | -45.3% |
| FY2016 | 61.9% | - |
As of FY2020 · SEC 10-K · Updated Feb 28, 2026