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Core Scientific, Inc. CORZ HPC hosting — Facility operations expense

Discontinued — last reported Q4 '24

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APLDHPC hosting segment — Revenue from Contract with Customer, Excluding Assessed Tax
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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:FacilityOperationsExpense.

The official record: Core Scientific, Inc.’s 10-K/A, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Core Scientific, Inc.'s HPC hosting — facility operations expense?
Core Scientific, Inc. (CORZ) reported HPC hosting — facility operations expense of $2.98M in Q4 2024.
What does HPC hosting — facility operations expense mean?
The total costs incurred to keep the physical data center facilities running for high-performance computing clients.
How do you interpret HPC hosting — facility operations expense?
An increase may indicate higher maintenance requirements or expanded facility capacity, while a decrease suggests improved operational efficiency or reduced site overhead.
How does HPC hosting — facility operations expense compare across companies?
Comparable to facility-level operating expenses or data center maintenance costs reported by colocation and cloud infrastructure providers.