Core Scientific, Inc.
CORZ- Exchange
- Nasdaq
- Industry
- Finance Services
- SEC CIK
- 0001839341
In the last 90 days, Core Scientific, Inc. insiders filed 3 open-market purchases and 12 sales; 415 institutions reported holding it in 13F filings for Q2 2026, worth $9.35B in total; 4 superinvestors hold it, including Oaktree Capital and Tiger Global Management.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 11:00 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $288.6M (90.5% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K/A | 10-K | 10-K | 10-K |
| Reported | Mar 2, 2026 | Feb 26, 2025 | Mar 12, 2024 | – | Mar 7, 2022 |
| Revenue | $319.0M | $510.7M | $502.4M | $640.3M | – |
| Cost of revenue | $281.1M | $389.6M | $378.9M | $631.9M | – |
| Gross profit | $37.9M | $121.1M | $123.5M | $8.40M | – |
| Operating expenses | – | – | – | $253.0M | – |
| Research and development | – | $11.8M | $7.18M | $27.0M | – |
| Selling, general and administrative | $159.2M | $110.4M | $93.9M | $213.3M | $4.79M |
| Operating income | -$245.6M | -$142.1M | $8.96M | -$2.11B | -$5.21M |
| Income tax | $583.0K | $859.0K | $683.0K | -$17.1M | $0 |
| Net income | -$288.6M | -$1.44B | -$246.5M | -$2.15B | -$32.5M |
| EPS, basic | $-0.88 | $-4.87 | $-0.65 | $-6.30 | – |
| EPS, diluted | $-0.88 | $-4.87 | $-0.65 | $-6.30 | – |
| Weighted shares, basic | 318.1M | 255.8M | 379.9M | 340.6M | – |
| Weighted shares, diluted | 318.1M | 255.8M | 379.9M | 340.6M | – |
| Margins and growth | |||||
| Gross margin | 11.9% | 23.7% | 24.6% | 1.3% | – |
| Operating margin | -77.0% | -27.8% | 1.8% | -329.5% | – |
| Net margin | -90.5% | -281.6% | -49.1% | -335.2% | – |
| Revenue growth, year over year | −37.5% | +1.6% | −21.5% | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021! |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K/A | 10-K | 10-K | 10-K |
| Reported | Mar 2, 2026 | Feb 26, 2025 | Mar 12, 2024 | – | Mar 7, 2022 |
| Cash and equivalents | $311.4M | $836.2M | $50.4M | $15.9M | $970.9K |
| Accounts receivable | – | $1.02M | – | $234.0K | – |
| Total current assets | $895.5M | $904.0M | $97.0M | $85.1M | $1.33M |
| Property, plant and equipment | $1.29B | – | – | – | – |
| Goodwill | – | – | $0 | $0 | – |
| Intangible assets | – | – | $2.25M | $1.70M | – |
| Total assets | $2.35B | $1.48B | $712.2M | $807.7M | $346.4M |
| Accounts payable | $126.1M | $19.3M | $154.8M | $53.6M | $263.1K |
| Total current liabilities | $781.4M | $134.6M | $488.4M | $186.8M | $4.21M |
| Total liabilities | $3.31B | $2.42B | $1.31B | $1.22B | $65.6M |
| Shareholders' equity | -$962.7M | -$943.0M | -$596.9M | -$409.3M | -$64.2M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K/A | 10-K | 10-K | 10-K |
| Reported | Mar 2, 2026 | Feb 26, 2025 | Mar 12, 2024 | – | Mar 7, 2022 |
| Operating cash flow | $278.3M | $42.9M | $65.1M | $205.2M | -$1.87M |
| Capital expenditures | $729.0M | $95.0M | $16.2M | $384.0M | – |
| Free cash flow | -$450.8M | -$52.1M | $49.0M | -$178.8M | – |
| Depreciation and amortization | $68.9M | $113.2M | $96.0M | $225.3M | – |
| Stock-based compensation | $98.2M | $51.9M | $58.9M | $182.9M | $0 |
| Share buybacks | – | $0 | – | – | – |
| Investing cash flow | -$740.8M | -$95.2M | -$3.00M | -$590.8M | -$345.0M |
| Financing cash flow | -$63.1M | $819.6M | -$44.6M | $306.2M | $347.8M |
| Net change in cash | -$525.6M | $767.3M | $17.5M | -$79.4M | $970.9K |
| Ratio | |||||
| Stock-based compensation, % of revenue | 30.8% | 10.2% | 11.7% | 28.6% | – |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 2, 2026 | 322.2M | +3.9% | SEC |
| Jul 23, 2026 | 321.3M | +5.2% | SEC |
| May 1, 2026 | 317.9M | +6.7% | SEC |
| Feb 26, 2026 | 315.3M | +7.2% | SEC |
| Oct 20, 2025 | 310.1M | +11.0% | SEC |
| Aug 5, 2025 | 305.4M | +18.3% | SEC |
| May 2, 2025 | 297.8M | +67.5% | SEC |
| Feb 20, 2025 | 294.1M | +65.6% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.