When did Core Scientific, Inc. report Q1 2024 earnings?

Core Scientific, Inc. (CORZ) reported Q1 2024 earnings on May 8, 2024 after market close.

What were Core Scientific, Inc.'s Q1 2024 revenue and EPS?

Core Scientific, Inc. reported revenue of $179.3M and eps of $0.19 for Q1 2024.

Did Core Scientific, Inc. beat estimates in Q1 2024?

Revenue beat the consensus estimate of $148.5M by $30.8M. EPS beat the consensus estimate of $0.05 by $0.14.

Where can I find Core Scientific, Inc.'s Q1 2024 SEC filings?

You can read the 10-Q periodic report (0001628280-24-021848) directly on SEC EDGAR. The filing index links above go to sec.gov.

Core Scientific, Inc. CORZ Q1 2024 earnings

Reported May 8, 2024 · After market close

Revenue$179.3MBeat by $30.8M

EPS$0.19Beat by $0.14

Revenue estimate$148.5M

EPS estimate$0.05

Next report

Date not yet announced

Financials

Q1 2024

Income statement

See full

Revenue$179.3M+48.6%

Gross profit$77.6M+144%

Operating income$55.2M+626%

Net income$210.7M+54,402%

EPS (diluted)$0.78—

Balance sheet

See full

Cash & equivalents$114.3M+141%

Total debt$635.4M+38,364%

Total equity-$318.5M+19.9%

Total assets$814.0M+7.1%

Cash flow

See full

Operating cash flow$22.2M+11.2%

CapEx$31.9M+1,972%

Free cash flow-$9.7M-153%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$629.35M—

Enterprise value$1.15B—

P/S1.1×—

Profitability

See full

Gross margin30.2%—

Operating margin10.1%+5.1pp

Net margin-6.3%-3.1pp

FCF margin3.7%—

Returns & leverage

See full

Current ratio1×+0.5×

Segments

By product

See full

Cost of digital asset self-mining$150.0M—

Digital asset hosted mining revenue from customers$29.3M—

Colocation revenue-—

Versus estimates

Revenue

Q2 2026$164.2MBeat by $19.4M Q1 2026$115.2MMiss by $1.8M Q4 2025$79.8MMiss by $39.3M Q3 2025$81.1MMiss by $30.9M Q2 2025$78.6MMiss by $32.7M Q1 2025$79.5MMiss by $5.7M

Diluted EPS

Q2 2026-$3.32Miss by $3.26 Q1 2026-$0.10Miss by $0.08 Q4 2025-$0.29Miss by $0.02 Q3 2025-$0.46Miss by $0.39 Q2 2025-$0.04Beat by $0.03 Q1 2025-$0.10Beat by $0.02

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Questions, answered.

When did Core Scientific, Inc. report Q1 2024 earnings?: Core Scientific, Inc. (CORZ) reported Q1 2024 earnings on May 8, 2024 after market close.
What were Core Scientific, Inc.'s Q1 2024 revenue and EPS?: Core Scientific, Inc. reported revenue of $179.3M and eps of $0.19 for Q1 2024.
Did Core Scientific, Inc. beat estimates in Q1 2024?: Revenue beat the consensus estimate of $148.5M by $30.8M. EPS beat the consensus estimate of $0.05 by $0.14.
Where can I find Core Scientific, Inc.'s Q1 2024 SEC filings?: You can read the 10-Q periodic report (0001628280-24-021848) directly on SEC EDGAR. The filing index links above go to sec.gov.