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Core Scientific, Inc. CORZ Q1 2025 earnings

Reported May 7, 2025 · After market close

Revenue$79.5MMiss by $5.7M
EPS-$0.10Beat by $0.02
Revenue estimate$85.2M
EPS estimate-$0.12

Next report

Date not yet announced

Financials

Q1 2025

Income statement

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Revenue$79.5M-55.6%
Gross profit$8.2M-89.4%
Operating income-$42.6M-177%
Net income$580.7M+176%
EPS (diluted)$1.25+60.3%

Balance sheet

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Cash & equivalents$698.7M+511%
Total debt$1.2B+85.6%
Total equity-$181.5M+43.0%
Total assets$1.6B+99.7%

Cash flow

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Operating cash flow-$40.6M-283%
CapEx$88.4M+177%
Free cash flow-$129.0M-1,227%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$2.14B+239%
Enterprise value$2.62B+127%
P/S5.2×+4.1×

Profitability

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Gross margin12.6%-17.6pp
Operating margin-58.4%-68.5pp
Net margin-259.9%-267pp
FCF margin-41.7%-45.4pp

Returns & leverage

See full
Current ratio4.3×+3.2×

Segments

By product

See full
Cost of digital asset self-mining$67.2M-55.2%
Colocation revenue$8.6M—
Digital asset hosted mining revenue from customers$3.8M-87.1%

Versus estimates

Revenue

Q2 2026$164.2MBeat by $19.4MQ1 2026$115.2MMiss by $1.8MQ4 2025$79.8MMiss by $39.3MQ3 2025$81.1MMiss by $30.9MQ2 2025$78.6MMiss by $32.7M
Q1 2025$79.5MMiss by $5.7M

Diluted EPS

Q2 2026-$3.32Miss by $3.26Q1 2026-$0.10Miss by $0.08Q4 2025-$0.29Miss by $0.02Q3 2025-$0.46Miss by $0.39Q2 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 2025 earnings?
Core Scientific, Inc. (CORZ) reported Q1 2025 earnings on May 7, 2025 after market close.
What were Core Scientific, Inc.'s Q1 2025 revenue and EPS?
Core Scientific, Inc. reported revenue of $79.5M and eps of $-0.10 for Q1 2025.
Did Core Scientific, Inc. beat estimates in Q1 2025?
Revenue missed the consensus estimate of $85.2M by $5.7M. EPS beat the consensus estimate of $-0.12 by $0.02.
How did Core Scientific, Inc.'s Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 55.6% from $179.3M a year earlier.
Where can I find Core Scientific, Inc.'s Q1 2025 SEC filings?
You can read the 10-Q periodic report (0001628280-25-023242) directly on SEC EDGAR. The filing index links above go to sec.gov.