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Segments

By segment

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Colocation Segment$79.98M+6,978%
Digital Asset Self-Mining Segment-$12.17M-529%
Digital Asset Hosted Mining Segment$2.23M+110%

Other financials

Income statement

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Revenue$164.2M+109%
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

Calculated from Core Scientific, Inc.’s reported figures.

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
Cost of digital asset self-mining33,70059,58980,889120,759
Cost of digital asset hosted mining services3,7714,5848,1026,620
Total cost of revenue94,15773,603179,295144,915
Gross profit70,0445,025100,15013,238
Loss (gain) on fair value of digital assets9,368(29,797)15,926(19,109)
Loss on disposal of property, plant and equipment1,2734,16614,9114,172
Loss on remeasurement of assets held for sale19,49519,495
Impairment of property, plant and equipment266,488

Item 1. Financial Statements (Unaudited)

FAQ

What is Core Scientific, Inc.'s gross profit?
Core Scientific, Inc. (CORZ) reported gross profit of $70.04M in Q2 2026.
How has Core Scientific, Inc.'s gross profit changed year-over-year?
Core Scientific, Inc.'s gross profit increased by 1293.9% year-over-year, from $5.03M to $70.04M.
What is the long-term trend for Core Scientific, Inc.'s gross profit?
Over 3 years (2021 to 2025), Core Scientific, Inc.'s gross profit has grown at a -45.9% compound annual growth rate (CAGR), from $238.86M to $37.9M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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