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Operating margin at other companies

TeraWulf logo
TeraWulfWULF
-171.8%+398pp
Equinix, Inc. logo
Equinix, Inc.EQIX
20.8%+4.8pp
Applied Digital logo
Applied DigitalAPLD
-44.2%
Digital Realty logo
Digital RealtyDLR
10.8%+2.3pp
Cipher Digital, Inc.
 logo
Cipher Digital, Inc. CIFR
-237.4%
Iris Energy logo
Iris EnergyIREN
-54%-56.2pp

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
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

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

Based on trailing twelve months.

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 operating margin?
Core Scientific, Inc. (CORZ) reported operating margin of -144.7% in Q1 2026.
How has Core Scientific, Inc.'s operating margin changed year-over-year?
Core Scientific, Inc.'s operating margin decreased by 143.4% year-over-year, from -59.5% to -144.7%.
What is the long-term trend for Core Scientific, Inc.'s operating margin?
Over 4 years (2021 to 2025), Core Scientific, Inc.'s operating margin has grown at a 34.2% compound annual growth rate (CAGR), from 24.2% to -78.4%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.