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Core Scientific, Inc. CORZ Colocation revenue — Depreciation expense

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Other financials

Income statement

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Revenue$115.2M+44.9%
Gross profit$30.1M+267%
Operating income-$310.4M-560%
Net income-$347.2M-160%
EPS (diluted)-$1.06-185%

Balance sheet

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Cash & equivalents$1.1B+64.0%
Total debt$2.2B+82.8%
Total equity-$1.3B-323%
Total assets$3.1B+88.9%

Cash flow

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Operating cash flow$249.9M+655%
CapEx$389.2M+363%
Free cash flow-$139.3M-8.0%

Valuation

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Market cap$9.27B+121%
Enterprise value$10.28B+119%
P/S26.1×+15.9×

Profitability

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Gross margin16.9%+4.3pp
Operating margin-144.7%-478pp
Net margin-238.9%-1.8pp
FCF margin-130%-246pp

Returns & leverage

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Return on equity-242.4%
Debt / equity2.2×
Current ratio0.5×-3.7×

Where this comes from

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

Tagged under the XBRL concept us-gaap:CostDepreciationAmortizationAndDepletion.

The official record: Core Scientific, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Core Scientific, Inc.'s colocation revenue — depreciation expense?
Core Scientific, Inc. (CORZ) reported colocation revenue — depreciation expense of $2.08M in Q1 2026.
How has Core Scientific, Inc.'s colocation revenue — depreciation expense changed year-over-year?
Core Scientific, Inc.'s colocation revenue — depreciation expense increased by 2997.0% year-over-year, from $67K to $2.08M.
What does colocation revenue — depreciation expense mean?
This represents the systematic allocation of the cost of tangible assets, such as servers and facility infrastructure, over their useful lives. It reflects the capital intensity of the colocation business.