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Core Scientific, Inc. logo

Core Scientific, Inc.

CORZ

NASDAQTechnologySoftware - Infrastructure

Open in GoAI

Previous close

$17.81

−$0.58 · -3.15%

Aug 21, 4:00 PM ET

CORZ company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

37

Expensive

Momentum

48

Neutral

Sentiment

54

Mixed

Risk resilience

26

High Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Core Scientific, Inc. is a North American enterprise primarily engaged in operating facilities for digital asset mining and providing colocation services for distributed ledger technology. The company actively mines various digital currencies for its proprietary accounts, leveraging specialized computing hardware within its owned and operated data centers to process transactions on blockchain networks in exchange for digital asset rewards. Concurrently, it extends hosting and colocation capabilities to other significant participants in the digital asset mining sector. Beyond these core operations, Core Scientific provides a suite of blockchain infrastructure and software solutions. Its development efforts encompass blockchain-based platforms and applications aimed at areas such as infrastructure management, enhanced security, mining optimization, and robust recordkeeping. Its operational framework is structured into two principal divisions: Equipment Sales and Hosting. The corporate headquarters are situated in Austin, Texas. However, a significant development occurred on December 21, 2022, when Core Scientific, Inc. initiated voluntary reorganization proceedings under Chapter 11 of the U.S. Bankruptcy Code, filing with the U.S. Bankruptcy Court for the Southern District of Texas.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
US
CEO
Adam Sullivan
Listed since
Jan 24, 2024
Employees
325

Market position

Day range

Current $17.81

52-week range

Current $17.81

Open
$18.84
Previous close
$18.39
Volume
12.92M
0.95× average
Average volume
13.66M
Average daily volume
Market cap
5.72B USD
Beta
5.59
Market reference 1
50-day average
$23.0531
-22.74% below average
200-day average
$19.7457
-9.80% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.38B USD
P/E (TTM)
-4.27×
P/B (TTM)
-2.39×
P/S (TTM)
13×
EV / EBITDA
-25.88×
Earnings yield
-6.23%
Free cash flow yield
-9.73%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
28.26%
Operating margin
-33.68%
Net margin
-325.91%
Return on equity
29.98%
Return on assets
-12.29%
Return on invested capital
-14.34%

Financial health

Debt / equity
-1.78×
Current ratio
1.15×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends82%-70%-221%-373%Gross margin, FY2021: 43.87%Gross margin, FY2022: 1.31%Gross margin, FY2023: 24.57%Gross margin, FY2024: 23.71%Gross margin, FY2025: 11.88%Operating margin, FY2021: 30.61%Operating margin, FY2022: -329.46%Operating margin, FY2023: 1.78%Operating margin, FY2024: -3.76%Operating margin, FY2025: -70.39%Net margin, FY2021: 8.69%Net margin, FY2022: -335.20%Net margin, FY2023: -49.06%Net margin, FY2024: -257.50%Net margin, FY2025: -90.47%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 43.87%. Gross margin FY2022 1.31%. Gross margin FY2023 24.57%. Gross margin FY2024 23.71%. Gross margin FY2025 11.88%. Operating margin FY2021 30.61%. Operating margin FY2022 -329.46%. Operating margin FY2023 1.78%. Operating margin FY2024 -3.76%. Operating margin FY2025 -70.39%. Net margin FY2021 8.69%. Net margin FY2022 -335.20%. Net margin FY2023 -49.06%. Net margin FY2024 -257.50%. Net margin FY2025 -90.47%.

Income trends

Revenue

319.02M USD-37.53%

Operating income

−224.55M USD-1069.77%

Net income

−288.62M USD+78.05%
Income trends across reported periods918.98M USD−195.68M USD−1.31B USD−2.42B USDRevenue, FY2021: 544.48M USDRevenue, FY2022: 640.31M USDRevenue, FY2023: 502.4M USDRevenue, FY2024: 510.67M USDRevenue, FY2025: 319.02M USDOperating income, FY2021: 166.64M USDOperating income, FY2022: −2.11B USDOperating income, FY2023: 8.96M USDOperating income, FY2024: −19.2M USDOperating income, FY2025: −224.55M USDNet income, FY2021: 47.31M USDNet income, FY2022: −2.15B USDNet income, FY2023: −246.49M USDNet income, FY2024: −1.32B USDNet income, FY2025: −288.62M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 544.48M USD. Revenue FY2022 640.31M USD. Revenue FY2023 502.4M USD. Revenue FY2024 510.67M USD. Revenue FY2025 319.02M USD. Operating income FY2021 166.64M USD. Operating income FY2022 −2.11B USD. Operating income FY2023 8.96M USD. Operating income FY2024 −19.2M USD. Operating income FY2025 −224.55M USD. Net income FY2021 47.31M USD. Net income FY2022 −2.15B USD. Net income FY2023 −246.49M USD. Net income FY2024 −1.32B USD. Net income FY2025 −288.62M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue319.02M USD510.67M USD502.4M USD640.31M USD544.48M USD
Cost of goods sold281.12M USD389.6M USD378.94M USD631.91M USD305.62M USD
Gross profit37.9M USD121.07M USD123.46M USD8.4M USD238.86M USD
Research and development—11.83M USD7.18M USD26.96M USD7.67M USD
Selling, general, and administrative182.6M USD120.42M USD100.93M USD226.01M USD64.55M USD
Operating expenses262.45M USD140.27M USD114.5M USD2.12B USD72.22M USD
Interest income3.28M USD————
Interest expense—37.07M USD86.24M USD96.83M USD44.35M USD
Depreciation and amortization80.18M USD120.12M USD96.45M USD226.09M USD33.36M USD
Operating income−224.55M USD−19.2M USD8.96M USD−2.11B USD166.64M USD
Net income−288.62M USD−1.32B USD−246.49M USD−2.15B USD47.31M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-5969.44%
11 comparable reports
Latest EPS result
-3.32
Estimate -0.06 · Miss by 5201.82%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.62-0.15-1.92-3.69Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual -0.6, estimate -0.06, surprise -900.00%, Miss. Q2 2025, reported May 7, 2025: actual 1.25, estimate -0.12, surprise +1141.67%, Beat. Q3 2025, reported Aug 8, 2025: actual -0.04, estimate -0.07, surprise +42.86%, Beat. Q4 2025, reported Oct 24, 2025: actual -0.46, estimate -0.07, surprise -558.93%, Miss. Q1 2026, reported Mar 2, 2026: actual -0.42, estimate -0.164, surprise -156.79%, Miss. Q2 2026, reported May 6, 2026: actual -1.06, estimate -0.02, surprise -5200.00%, Miss. Q3 2026, reported Jul 28, 2026: actual -3.32, estimate -0.063, surprise -5201.82%, Miss. Q4 2026, reported Oct 23, 2026: actual —, estimate -0.01, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates205.88M160.32M114.76M69.2MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 94.93M USD, estimate 98.85M USD, surprise -3.97%, Miss. Q2 2025, reported May 7, 2025: actual 79.53M USD, estimate 86.2M USD, surprise -7.74%, Miss. Q3 2025, reported Aug 8, 2025: actual 78.63M USD, estimate 83.83M USD, surprise -6.20%, Miss. Q4 2025, reported Oct 24, 2025: actual 81.1M USD, estimate 112.02M USD, surprise -27.60%, Miss. Q1 2026, reported Mar 2, 2026: actual 79.76M USD, estimate 119.02M USD, surprise -32.98%, Miss. Q2 2026, reported May 6, 2026: actual 115.24M USD, estimate 117.04M USD, surprise -1.53%, Miss. Q3 2026, reported Jul 28, 2026: actual 164.2M USD, estimate 141.08M USD, surprise +16.39%, Beat. Q4 2026, reported Oct 23, 2026: actual —, estimate 196.46M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

12 institutions

CORZ news

gurufocus.com

Core Scientific Inc (CORZ) Shares Fall 3.1% -- GF Value Says Still Overvalued

Core Scientific Inc (CORZ) Valuation AssessmentOn August 21, 2026, Core Scientific Inc (CORZ) shares fell 3.1%, closing at $17.81. The stock has experienced sig

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investorplace.com

Don't Sell Your AI Stocks – Sort Them

The public's data-center revolt spreads

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247wallst.com

Bitcoin Is Down 44% and Its Miners Are Up 90%. The AI Pivot Explains Everything.

The Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) is up 97% over the past year even though bitcoin has lost 46% of its value in the same window.

Read source
businesswire.com

Core Scientific Completes Acquisition of Polaris DS, Advancing Planned Muskogee Expansion to 1.5 GW of Gross Power

MIAMI--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that it has completed its…

Read source
benzinga.com

Neocloud Stocks Catch Fire As CoreWeave Doubles Revenue

Neocloud stocks are rallying Wednesday after a pair of blowout earnings reports from sector leaders CoreWeave Inc. (NASDAQ:CRWV) and Nebius Group N.V. (NASDAQ:NBIS) reinforced the scale of AI infrastructure demand.

Read source
seekingalpha.com

Core Scientific: A Growth Story Behind Colocation Moat

Core Scientific is rated Buy, driven by robust colocation revenue and strong execution in a rapidly expanding AI-driven market. The company's colocation business, accounting for over 80% of revenue, is underpinned by…

Read source

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ETFs holding CORZ

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
199.33M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
147.82M
Weight
0.18%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
143.86M
Weight
0.08%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
104.74M
Weight
0.07%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
83.29M
Weight
0.19%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
75.85M
Weight
0.08%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
46.81M
Weight
0.31%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
36.52M
Weight
0.20%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%

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