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Core Scientific, Inc. CORZ Digital asset self-mining revenue

Segments

By product

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Cost of digital asset self-mining$21.54M-65.5%

Other financials

Income statement

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Revenue$164.2M+109%
Gross profit$70.0M+1,294%
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

Reported directly by Core Scientific, Inc. in its filing.

Tagged under the XBRL concept core:RevenueDigitalAssetSelfMiningIncome.

The source filing: Core Scientific, Inc.’s 10-Q, filed November 6, 2024.

Filed
Nov 6, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0001628280-24-045811
Line itemNine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Depreciation and amortization87,16464,800
Amortization of operating lease right-of-use assets3,802703
Stock-based compensation27,95741,414
Digital asset self-mining revenue(328,840)(278,164)
Loss (gain) on debt extinguishment487(21,135)
Change in fair value of energy derivatives(2,262)
Change in fair value of warrant liabilities1,223,775
Change in fair value of contingent value rights(79,334)

Item 1. Financial Statements

FAQ

What is Core Scientific, Inc.'s digital asset self-mining revenue?
Core Scientific, Inc. (CORZ) reported digital asset self-mining revenue of $68.14M in Q3 2024.

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