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Side-by-side financial comparison of CLEANSPARK, INC. (CLSK) and SentinelOne, Inc. (S). Click either name above to swap in a different company.

SentinelOne, Inc. is the larger business by last-quarter revenue ($258.9M vs $181.2M, roughly 1.4× CLEANSPARK, INC.). SentinelOne, Inc. runs the higher net margin — -23.3% vs -209.0%, a 185.7% gap on every dollar of revenue. On growth, SentinelOne, Inc. posted the faster year-over-year revenue change (22.9% vs 11.6%). SentinelOne, Inc. produced more free cash flow last quarter ($20.9M vs $-198.1M).

CleanSpark, Inc. is a U.S.-headquartered sustainable technology company operating two core business segments: low-carbon Bitcoin mining powered primarily by renewable and stranded energy resources, and end-to-end microgrid design, deployment, and operation services for commercial, industrial, and public sector clients across North America.

SentinelOne, Inc. is an American cybersecurity company listed on NYSE based in Mountain View, California. The company was founded in 2013 by Tomer Weingarten, Almog Cohen and Ehud ("Udi") Shamir. Weingarten acts as the company's CEO. The company has approximately 2,800 employees and offices in Mountain View, Boston, Prague, Tokyo, and Tel Aviv. The company uses machine learning for monitoring personal computers, IoT devices, and cloud workloads. The company's platform utilizes a heuristic mod...

CLSK vs S — Head-to-Head

Bigger by revenue
S
S
1.4× larger
S
$258.9M
$181.2M
CLSK
Growing faster (revenue YoY)
S
S
+11.3% gap
S
22.9%
11.6%
CLSK
Higher net margin
S
S
185.7% more per $
S
-23.3%
-209.0%
CLSK
More free cash flow
S
S
$219.0M more FCF
S
$20.9M
$-198.1M
CLSK

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CLSK
CLSK
S
S
Revenue
$181.2M
$258.9M
Net Profit
$-378.7M
$-60.3M
Gross Margin
47.2%
73.8%
Operating Margin
-174.7%
-28.3%
Net Margin
-209.0%
-23.3%
Revenue YoY
11.6%
22.9%
Net Profit YoY
-253.5%
23.1%
EPS (diluted)
$-0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLSK
CLSK
S
S
Q4 25
$181.2M
$258.9M
Q3 25
$242.2M
Q2 25
$229.0M
Q3 24
$89.3M
Q2 24
$104.1M
Q1 24
$111.8M
Q4 23
$73.8M
Q3 23
$52.5M
Net Profit
CLSK
CLSK
S
S
Q4 25
$-378.7M
$-60.3M
Q3 25
$-72.0M
Q2 25
$-208.2M
Q3 24
$-62.2M
Q2 24
$-236.2M
Q1 24
$126.7M
Q4 23
$25.9M
Q3 23
$-76.4M
Gross Margin
CLSK
CLSK
S
S
Q4 25
47.2%
73.8%
Q3 25
75.0%
Q2 25
75.3%
Q3 24
36.0%
Q2 24
56.6%
Q1 24
69.3%
Q4 23
60.8%
Q3 23
42.1%
Operating Margin
CLSK
CLSK
S
S
Q4 25
-174.7%
-28.3%
Q3 25
-33.3%
Q2 25
-38.2%
Q3 24
-73.5%
Q2 24
-239.2%
Q1 24
Q4 23
38.6%
Q3 23
-131.5%
Net Margin
CLSK
CLSK
S
S
Q4 25
-209.0%
-23.3%
Q3 25
-29.7%
Q2 25
-90.9%
Q3 24
-69.6%
Q2 24
-226.9%
Q1 24
113.4%
Q4 23
35.1%
Q3 23
-145.5%
EPS (diluted)
CLSK
CLSK
S
S
Q4 25
$-0.18
Q3 25
$-0.22
Q2 25
$-0.63
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLSK
CLSK
S
S
Cash + ST InvestmentsLiquidity on hand
$458.1M
$649.8M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$1.4B
$1.5B
Total Assets
$3.3B
$2.4B
Debt / EquityLower = less leverage
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLSK
CLSK
S
S
Q4 25
$458.1M
$649.8M
Q3 25
$810.8M
Q2 25
$766.9M
Q3 24
$121.2M
Q2 24
$126.1M
Q1 24
Q4 23
$48.5M
Q3 23
$29.2M
Total Debt
CLSK
CLSK
S
S
Q4 25
$1.8B
Q3 25
Q2 25
Q3 24
$7.2M
Q2 24
$1.3M
Q1 24
$5.1M
Q4 23
$7.0M
Q3 23
$8.9M
Stockholders' Equity
CLSK
CLSK
S
S
Q4 25
$1.4B
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q3 24
$1.8B
Q2 24
$1.4B
Q1 24
$1.5B
Q4 23
$809.0M
Q3 23
$675.7M
Total Assets
CLSK
CLSK
S
S
Q4 25
$3.3B
$2.4B
Q3 25
$2.4B
Q2 25
$2.4B
Q3 24
$2.0B
Q2 24
$1.5B
Q1 24
$1.5B
Q4 23
$862.7M
Q3 23
$761.6M
Debt / Equity
CLSK
CLSK
S
S
Q4 25
1.29×
Q3 25
Q2 25
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×
Q4 23
0.01×
Q3 23
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLSK
CLSK
S
S
Operating Cash FlowLast quarter
$-161.1M
$21.0M
Free Cash FlowOCF − Capex
$-198.1M
$20.9M
FCF MarginFCF / Revenue
-109.3%
8.1%
Capex IntensityCapex / Revenue
20.4%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-626.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLSK
CLSK
S
S
Q4 25
$-161.1M
$21.0M
Q3 25
$-1.0M
Q2 25
$52.3M
Q3 24
$-233.7M
Q2 24
$-58.4M
Q1 24
$-44.8M
Q4 23
$-47.7M
Q3 23
$-34.9M
Free Cash Flow
CLSK
CLSK
S
S
Q4 25
$-198.1M
$20.9M
Q3 25
$-1.3M
Q2 25
$52.1M
Q3 24
$-299.8M
Q2 24
$-68.7M
Q1 24
$-60.3M
Q4 23
$-75.2M
Q3 23
$-53.8M
FCF Margin
CLSK
CLSK
S
S
Q4 25
-109.3%
8.1%
Q3 25
-0.5%
Q2 25
22.8%
Q3 24
-335.8%
Q2 24
-66.0%
Q1 24
-54.0%
Q4 23
-101.9%
Q3 23
-102.3%
Capex Intensity
CLSK
CLSK
S
S
Q4 25
20.4%
0.0%
Q3 25
0.1%
Q2 25
0.1%
Q3 24
74.0%
Q2 24
9.9%
Q1 24
13.8%
Q4 23
37.3%
Q3 23
35.8%
Cash Conversion
CLSK
CLSK
S
S
Q4 25
Q3 25
Q2 25
Q3 24
Q2 24
Q1 24
-0.35×
Q4 23
-1.84×
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLSK
CLSK

Segment breakdown not available.

S
S

US$154.8M60%
Non Us$104.1M40%

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