What does hosting revenue — deferred revenue mean?

Customer payments received in advance for hosting services that have not yet been provided.

How do you interpret hosting revenue — deferred revenue?

An increase suggests strong customer demand and successful collection of prepayments, which improves cash flow, while a decrease may indicate a shift in billing terms or reduced demand.

How does hosting revenue — deferred revenue compare across companies?

Standard accounting metric for 'Unearned Revenue' or 'Deferred Revenue' found in most service-based companies.

Core Scientific, Inc. CORZ Hosting revenue — Deferred Revenue

Discontinued — last reported Q4 '23

Similar metrics at other companies

GDDYHosting and presence — Deferred Revenue

$607.3M+5.7%

GDDYCore Platform — Deferred Revenue

$1.56B+4.5%

HOther deferred revenue — Total

$138M+68.3%

GDDYHosting and presence — Deferred revenue, net of current portion

$213.4M-2.2%

BROSOther deferred revenue, net — Contract with Customer, Liability

$2.48M—

GDDYDomains — Deferred Revenue

$897.1M+10.7%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$249.9M+655%

CapEx$389.2M+363%

Free cash flow-$139.3M-8.0%

Valuation

See full

Market cap$9.27B+121%

Enterprise value$10.28B+119%

P/S26.1×+15.9×

Profitability

See full

Gross margin16.9%+4.3pp

Operating margin-144.7%-478pp

Net margin-238.9%-1.8pp

FCF margin-130%-246pp

Returns & leverage

See full

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:ContractWithCustomerLiabilityCurrent.

The official record: Core Scientific, Inc.’s 10-K, filed March 13, 2024, on SEC EDGAR. View the filing →

Ask your AI about Core Scientific, Inc.'s hosting revenue — deferred revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Core Scientific, Inc.'s hosting revenue — deferred revenue?: Core Scientific, Inc. (CORZ) reported hosting revenue — deferred revenue of $68.4M in Q4 2023.
What does hosting revenue — deferred revenue mean?: Customer payments received in advance for hosting services that have not yet been provided.
How do you interpret hosting revenue — deferred revenue?: An increase suggests strong customer demand and successful collection of prepayments, which improves cash flow, while a decrease may indicate a shift in billing terms or reduced demand.
How does hosting revenue — deferred revenue compare across companies?: Standard accounting metric for 'Unearned Revenue' or 'Deferred Revenue' found in most service-based companies.