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Core Scientific, Inc. CORZ Colocation revenue — Employee compensation

Other product segments

Cost of digital asset self-mining
$3.53M-51.9%
Digital asset hosted mining revenue from customers
$427K+28.6%

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RIOTCost Of Revenues Hosting — Total Segment And Consolidated Cost Of Revenue Exclusive Of Depreciation And Amortization
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CGOperating Segments — Labor And Related Expense
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CGGlobal Segments — Labor and Related Expense
$259.8M-42.5%

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:CostDirectLabor.

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 — employee compensation?
Core Scientific, Inc. (CORZ) reported colocation revenue — employee compensation of $2.99M in Q1 2026.
How has Core Scientific, Inc.'s colocation revenue — employee compensation changed year-over-year?
Core Scientific, Inc.'s colocation revenue — employee compensation increased by 130.6% year-over-year, from $1.3M to $2.99M.
What does colocation revenue — employee compensation mean?
Total labor costs for staff managing hosting operations.
How do you interpret colocation revenue — employee compensation?
Rising compensation costs relative to revenue may indicate wage inflation or increased staffing needs for facility expansion.
How does colocation revenue — employee compensation compare across companies?
Standard labor expense metric for operational business segments.