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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$164.2M+109%
Gross profit$70.0M+1,294%
Operating income-$78.5M-199%
Net income-$1.2B-23.3%
EPS (diluted)-$3.32-8,200%

Balance sheet

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Cash & equivalents$2.6B+339%
Total debt$4.4B+279%
Total equity-$2.4B-127%
Total assets$5.3B+166%

Cash flow

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Operating cash flow$249.9M+715%
CapEx$565.0M+366%
Free cash flow-$583.9M-569%

Valuation

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Market cap$7B+63.3%
Enterprise value$8.85B+81.9%
P/S15.9×+3.6×

Profitability

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Gross margin28.3%+23.2pp
Operating margin-128.5%-362pp
Net margin-237.6%-3.1pp
FCF margin-217.5%-446pp

Returns & leverage

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Return on equity148.5%
Debt / equity2.2×
Current ratio0.9×-0.9×

Where this comes from

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

Tagged under the XBRL concept core:GrossMargin.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other segment items(1)1,8103782,553686
Total cost of colocation services56,6869,43090,30417,536
Colocation gross profit$79,983$1,130$123,904$1,597
Colocation gross margin59%11%58%8%
Digital Asset Self-Mining Segment
Digital asset self-mining revenue$21,535$62,424$51,640$129,603
Cost of digital asset self-mining:
Power fees17,86130,72045,13161,039

Item 1. Financial Statements (Unaudited)

FAQ

What is Core Scientific, Inc.'s colocation segment — gross margin?
Core Scientific, Inc. (CORZ) reported colocation segment — gross margin of 59% in Q2 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 436.4% year-over-year, from 11% to 59%.
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.

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