What is Core Scientific, Inc.'s PP&E sale proceeds?

Core Scientific, Inc. (CORZ) reported PP&E sale proceeds of $2.63M in Q1 2026.

What does PP&E sale proceeds mean?

Cash received from selling company-owned property or equipment.

How do you interpret PP&E sale proceeds?

Proceeds can indicate asset optimization or a strategic pivot, providing a non-recurring source of liquidity.

How does PP&E sale proceeds compare across companies?

Commonly seen during restructuring or major technology refresh cycles.

Core Scientific, Inc. CORZ PP&E Sale Proceeds

PP&E Sale Proceeds at other companies

Iris EnergyIREN

$22.82M+1,281%

Hut 8 Mining Corp.HUT

$653K—

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:ProceedsFromSaleOfPropertyPlantAndEquipment.

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 PP&E sale proceeds?: Core Scientific, Inc. (CORZ) reported PP&E sale proceeds of $2.63M in Q1 2026.
What does PP&E sale proceeds mean?: Cash received from selling company-owned property or equipment.
How do you interpret PP&E sale proceeds?: Proceeds can indicate asset optimization or a strategic pivot, providing a non-recurring source of liquidity.
How does PP&E sale proceeds compare across companies?: Commonly seen during restructuring or major technology refresh cycles.