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Core Scientific, Inc. CORZ Colocation Segment — Gross margin

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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 core:GrossMargin.

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 segment — gross margin?
Core Scientific, Inc. (CORZ) reported colocation segment — gross margin of 57% in Q1 2026.
How has Core Scientific, Inc.'s colocation segment — gross margin changed year-over-year?
Core Scientific, Inc.'s colocation segment — gross margin increased by 1040.0% year-over-year, from 5% to 57%.
What does colocation segment — gross margin mean?
This metric measures the profitability of the colocation segment as a percentage of its total revenue. It reflects the efficiency with which the company manages its direct costs, such as electricity, facility maintenance, and hardware support, relative to the income generated from hosting clients. A higher margin indicates a more scalable and cost-effective hosting operation.