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Core Scientific, Inc. CORZ Colocation revenue — Revenue from customers

Other product segments

Cost of digital asset self-mining
$30.11M-55.2%
Digital asset hosted mining revenue from customers
$7.6M+101%

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RIOTData Centers Operations — Revenue
$33.15M
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RIOTData Center Hosting — Revenue1
$23.62M+111%
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RIOTData Centers — Revenue
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RIOTService — Revenue
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RIOTRevenue Net Data Center Hosting — Revenue1
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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 — revenue from customers?
Core Scientific, Inc. (CORZ) reported colocation revenue — revenue from customers of $77.54M in Q1 2026.
How has Core Scientific, Inc.'s colocation revenue — revenue from customers changed year-over-year?
Core Scientific, Inc.'s colocation revenue — revenue from customers increased by 804.5% year-over-year, from $8.57M to $77.54M.
What does colocation revenue — revenue from customers mean?
Total revenue earned from hosting third-party hardware in company facilities.
How do you interpret colocation revenue — revenue from customers?
An increase indicates higher demand for hosting services and better utilization of data center capacity.
How does colocation revenue — revenue from customers compare across companies?
Similar to data center colocation revenue reported by other infrastructure providers or mining peers.