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Core Scientific, Inc. CORZ Colocation revenue — Facility operations expense
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Where this comes from
Reported directly by Core Scientific, Inc. in its filing.
Tagged under the XBRL concept core:FacilityOperationsExpense.
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 |
|---|---|---|---|---|
| Power fees passed through to customer | 35,073 | 3,464 | 56,132 | 6,050 |
| Depreciation expense | 4,621 | 104 | 6,696 | 171 |
| Employee compensation | 4,801 | 1,148 | 7,787 | 2,442 |
| Facility operations expense | 10,381 | 4,336 | 17,136 | 8,187 |
| Other segment items(1) | 1,810 | 378 | 2,553 | 686 |
| Total cost of colocation services | 56,686 | 9,430 | 90,304 | 17,536 |
| Colocation gross profit | $79,983 | $1,130 | $123,904 | $1,597 |
| Colocation gross margin | 59% | 11% | 58% | 8% |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Core Scientific, Inc.'s colocation revenue — facility operations expense?
- Core Scientific, Inc. (CORZ) reported colocation revenue — facility operations expense of $10.38M in Q2 2026.
- How has Core Scientific, Inc.'s colocation revenue — facility operations expense changed year-over-year?
- Core Scientific, Inc.'s colocation revenue — facility operations expense increased by 139.4% year-over-year, from $4.34M to $10.38M.
- What does colocation revenue — facility operations expense mean?
- This metric represents the direct operational costs associated with maintaining and powering data center facilities used for third-party colocation services. It encompasses expenses such as electricity, cooling, site maintenance, and facility-level labor required to support client hardware. Monitoring this relationship helps evaluate the operational efficiency and gross margin potential of the hosting infrastructure segment.
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