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Core Scientific, Inc. CORZ Colocation Segment — Gross Profit

Other segment segments

Digital Asset Self-Mining Segment
-$12.17M-529%
Digital Asset Hosted Mining Segment
$2.23M+110%

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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 us-gaap:GrossProfit.

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
Facility operations expense10,3814,33617,1368,187
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:

Item 1. Financial Statements (Unaudited)

FAQ

What is Core Scientific, Inc.'s colocation segment — gross profit?
Core Scientific, Inc. (CORZ) reported colocation segment — gross profit of $79.98M in Q2 2026.
How has Core Scientific, Inc.'s colocation segment — gross profit changed year-over-year?
Core Scientific, Inc.'s colocation segment — gross profit increased by 6978.1% year-over-year, from $1.13M to $79.98M.
What does colocation segment — gross profit mean?
This metric represents the absolute dollar amount of gross profit generated specifically by the colocation and hosting services segment. It is calculated by subtracting the direct costs of providing data center space, power, and cooling infrastructure from the revenue earned through these hosting agreements. This figure highlights the segment's ability to cover its direct operational expenses and contribute to the company's overall profitability.

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