Core Scientific, Inc. CORZ Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Gross Profit by Business | ||||||
| Colocation Segment | $63.2M+220% | $19.75M+217% | $6.23M+71.1% | $3.64M+16.0% | $3.14M+17.5% | |
| Digital Asset Hosted Mining Segment | $9.35M+19.6% | $7.81M+9.3% | $7.15M-29.2% | $10.1M-38.8% | $16.48M-31.3% | |
| Digital Asset Self-Mining Segment | -$12.75M-223% | $10.34M+21.2% | $8.53M+107% | $4.11M-87.2% | $32.02M-66.1% | |
| Gross margin by Business | ||||||
| Colocation Segment | 108%+52.0pp | 56%— | —— | —— | —— | |
| Digital Asset Hosted Mining Segment | 90%-3.0pp | 93%+4.0pp | 89%-6.0pp | 95%-11.0pp | 106%+14.0pp | |
| Digital Asset Self-Mining Segment | -54%-66.0pp | 12%— | —— | —— | —— | |
| Other segment items by Product | ||||||
| Colocation revenue | $3M+17.1% | $2.56M+62.2% | $1.58M+40.1% | $1.13M+43.7% | $785K+63.9% | |
| Cost of digital asset self-mining | $2.33M-16.7% | $2.8M-25.6% | $3.76M-9.9% | $4.17M-18.3% | $5.1M-8.9% | |
| Digital asset hosted mining revenue from customers | $281K+6.4% | $264K-17.0% | $318K-76.9% | $1.38M-64.4% | $3.86M-43.6% | |
| Revenue from customers by Product | ||||||
| Colocation revenue | $134.39M+105% | $65.42M+53.6% | $42.61M+12.1% | $37.99M+15.3% | $32.95M+35.2% | |
| Digital asset hosted mining revenue from customers | $28.22M+15.7% | $24.39M-1.0% | $24.64M-24.9% | $32.8M-36.9% | $52M-33.0% | |
| Cost of Revenue by Product | ||||||
| Colocation revenue | $71.19M+55.9% | $45.68M+25.6% | $36.38M+5.9% | $34.35M+15.2% | $29.82M+37.3% | |
| Cost of digital asset self-mining | $204.89M-6.4% | $218.87M-15.3% | $258.41M-5.5% | $273.53M-6.9% | $293.94M-6.5% | |
| Digital asset hosted mining revenue from customers | $18.87M+13.8% | $16.57M-5.2% | $17.48M-23.0% | $22.7M-36.1% | $35.51M-33.7% | |
| Employee compensation by Product | ||||||
| Colocation revenue | $8.9M+23.5% | $7.21M+26.7% | $5.69M+16.6% | $4.88M+28.1% | $3.81M+51.5% | |
| Facility operations expense by Product | ||||||
| Colocation revenue | $21.83M+15.3% | $18.93M+14.6% | $16.51M-2.8% | $16.99M+7.8% | $15.76M+32.4% | |
| Cost of digital asset self-mining | $8.26M-13.7% | $9.57M-13.3% | $11.04M-11.4% | $12.46M-8.4% | $13.6M+2.5% | |
| Digital asset hosted mining revenue from customers | $990K+9.5% | $904K-2.9% | $931K-31.9% | $1.37M-32.5% | $2.03M-26.7% | |
| Operating lease expense by Product | ||||||
| Colocation revenue | $14.23M+2.7% | $13.85M+10.3% | $12.57M-10.2% | $13.99M+2.2% | $13.68M+33.2% | |
| Cost of digital asset self-mining | $344K+5.2% | $327K-6.8% | $351K-7.1% | $378K-5.7% | $401K-2.9% | |
| Digital asset hosted mining revenue from customers | $41K+20.6% | $34K+3.0% | $33K-25.0% | $44K-30.2% | $63K-27.6% | |
| Depreciation expense by Product | ||||||
| Colocation revenue | $3.07M+188% | $1.07M— | —— | —— | —— | |
| Cost of digital asset self-mining | $60.21M-8.2% | $65.56M-16.2% | $78.22M-13.2% | $90.16M-10.1% | $100.28M-7.6% | |
| Digital asset hosted mining revenue from customers | $1.33M+13.7% | $1.17M-3.5% | $1.21M-31.5% | $1.77M-28.5% | $2.48M-31.2% | |
| Power fees by Product | ||||||
| Colocation revenue | $34.39M+116% | $15.91M+29.8% | $12.26M+9.5% | $11.19M+19.2% | $9.39M+38.0% | |
| Cost of digital asset self-mining | $119.36M-2.5% | $122.41M-7.0% | $131.57M-3.1% | $135.71M-7.2% | $146.17M-9.1% | |
| Digital asset hosted mining revenue from customers | $14.53M+15.4% | $12.6M+4.1% | $12.11M-20.3% | $15.19M-34.8% | $23.28M-34.2% | |
| Number of operational data centers by Geography | ||||||
| Alabama | 40.0% | 40.0% | 4— | —— | —— | |
| GEORGIA | 80.0% | 80.0% | 80.0% | 80.0% | 80.0% | |
| KENTUCKY | 40.0% | 40.0% | 40.0% | 40.0% | 40.0% | |
| NORTH CAROLINA | 40.0% | 40.0% | 40.0% | 40.0% | 40.0% | |
| North Dakota | 40.0% | 40.0% | 40.0% | 40.0% | 40.0% | |
| Oklahoma | 40.0% | 40.0% | 4— | —— | —— | |
| TEXAS | 13+8.3% | 120.0% | 120.0% | 120.0% | 12+9.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Core Scientific, Inc. break its business down?
- Core Scientific, Inc. (CORZ) reports gross profit by business across 3 parts — Colocation Segment, Digital Asset Hosted Mining Segment and Digital Asset Self-Mining Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does Core Scientific, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Core Scientific, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
