How has Core Scientific, Inc.'s colocation revenue — cost of revenue changed year-over-year?

Core Scientific, Inc.'s colocation revenue — cost of revenue increased by 501.1% year-over-year, from $9.43M to $56.69M.

What does colocation revenue — cost of revenue mean?

This includes the direct costs associated with delivering colocation services, such as power, facility maintenance, and site-specific operational expenses. It is a key indicator of the direct profitability of the hosting business segment.

Core Scientific, Inc. (CORZ) Colocation revenue — Cost of Revenue

Screener

Other product segments

Cost of digital asset self-mining

$33.7M-43.4%

Digital asset hosted mining revenue from customers

$3.77M-17.7%

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Other financials

Income statement

See full

Revenue$164.2M+109%

Gross profit$70.0M+1,294%

Operating income-$78.5M-199%

Net income-$1.2B-23.3%

EPS (diluted)-$3.32-8,200%

Balance sheet

See full

Cash & equivalents$2.6B+339%

Total debt$4.4B+279%

Total equity-$2.4B-127%

Total assets$5.3B+166%

Cash flow

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Operating cash flow$249.9M+715%

CapEx$565.0M+366%

Free cash flow-$583.9M-569%

Valuation

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Market cap$7B+63.3%

Enterprise value$8.85B+81.9%

P/S15.9×+3.6×

Profitability

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Gross margin28.3%+23.2pp

Operating margin-128.5%-362pp

Net margin-237.6%-3.1pp

FCF margin-217.5%-446pp

Returns & leverage

See full

Return on equity148.5%—

Debt / equity2.2×—

Current ratio0.9×-0.9×

Where this comes from

Reported directly by Core Scientific, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Core Scientific, Inc.’s 10-Q, filed July 28, 2026.

Filed: Jul 28, 2026, 7:08 AM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001839341-26-000014

Line item	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Digital asset hosted mining revenue from customers	5,997	5,644	13,597	9,417
Total revenue	164,201	78,628	279,445	158,153
Cost of revenue:
Cost of colocation services	56,686	9,430	90,304	17,536
Cost of digital asset self-mining	33,700	59,589	80,889	120,759
Cost of digital asset hosted mining services	3,771	4,584	8,102	6,620
Total cost of revenue	94,157	73,603	179,295	144,915
Gross profit	70,044	5,025	100,150	13,238

Item 1. Financial Statements (Unaudited)

FAQ

What is Core Scientific, Inc.'s colocation revenue — cost of revenue?: Core Scientific, Inc. (CORZ) reported colocation revenue — cost of revenue of $56.69M in Q2 2026.
How has Core Scientific, Inc.'s colocation revenue — cost of revenue changed year-over-year?: Core Scientific, Inc.'s colocation revenue — cost of revenue increased by 501.1% year-over-year, from $9.43M to $56.69M.
What does colocation revenue — cost of revenue mean?: This includes the direct costs associated with delivering colocation services, such as power, facility maintenance, and site-specific operational expenses. It is a key indicator of the direct profitability of the hosting business segment.