Company / R&D Expense
CleanSpark, Inc. R&D Expense History
FY2016-FY2018 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$7.2K
FY2018
5-year range
-
FY2016-FY2018
Trend
+1116.6%
vs FY2017
Sector context
#253 of 252
Information Technology
What the data says
R&D Expense changed +1117% YoY in FY2018, a notable deviation from the 2-year average annual change of +524%.
Based on SEC 10-K filings.
$7,190 in FY2018.
Improved from $1,826 to $7,190 over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 0% in Information TechnologyTop 100% of 252This company $7.2K Sector average $951.1M
▼
-100.0% below sector average
Key checks
Key Insights
- In FY2018, r&d expense increased 1116.6% year-over-year.
- Ranks #253 out of 252 companies in the Information Technology sector.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | $7.2K | +1116.6% |
| FY2017 | $591 | -67.6% |
| FY2016 | $1.8K | -96.5% |
As of FY2018 · SEC 10-K · Updated Feb 28, 2026