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Core Scientific, Inc. CORZ Colocation Segment — Gross Profit

Other segment segments

Digital Asset Self-Mining Segment
-$17.08M-384%
Digital Asset Hosted Mining Segment
$3.27M+88.2%

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APLDData center hosting segment — Total segment profit (loss)
$12.55M+15.2%
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COHRDatacenter & Communications — Segment profit
$347.61M+49.2%
Henry (Jack) & Associates logo
JKHYCore — Gross Profit
$114.24M+9.5%
Applied Digital logo
APLDData Center Hosting Business — Total segment revenue
$37.54M+6.8%
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APLDHosting revenue — Total segment profit
$8.96M+1,461%

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:GrossProfit.

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 profit?
Core Scientific, Inc. (CORZ) reported colocation segment — gross profit of $43.92M in Q1 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 9304.9% year-over-year, from $467K to $43.92M.
What does colocation segment — gross profit mean?
The total profit earned from hosting third-party blockchain and AI infrastructure after accounting for direct service costs.
How do you interpret colocation segment — gross profit?
An increase indicates improved operational efficiency or higher pricing power within the hosting business, while a decrease suggests rising energy or maintenance costs relative to revenue.
How does colocation segment — gross profit compare across companies?
Peers in the data center and digital infrastructure space typically report this as segment-level gross profit, often benchmarked against total segment revenue.