Core Scientific, Inc. CORZ Business Segments
| FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|
| Gross Profit by Business | ||||
| Colocation Segment | $19.75M+640% | $2.67M— | $0— | |
| Digital Asset Hosted Mining Segment | $7.81M-67.4% | $24M-3.3% | $24.82M+337% | |
| Digital Asset Self-Mining Segment | $10.34M-89.0% | $94.41M-4.3% | $98.64M+3,534% | |
| Gross margin by Business | ||||
| Colocation Segment | 56%— | —— | 0%— | |
| Digital Asset Hosted Mining Segment | 93%+1.0pp | 92%— | —— | |
| Digital Asset Self-Mining Segment | 12%— | —— | —— | |
| Other segment items by Product | ||||
| Colocation revenue | $2.56M+435% | $479K— | $0— | |
| Cost of digital asset self-mining | $2.8M-50.1% | $5.6M-11.3% | $6.31M+29.0% | |
| Digital asset hosted mining revenue from customers | $264K-96.1% | $6.85M+6.2% | $6.45M-91.0% | |
| Revenue from customers by Product | ||||
| Colocation revenue | $65.42M+168% | $24.38M— | $0— | |
| Digital asset hosted mining revenue from customers | $24.39M-68.6% | $77.55M-24.0% | $102.01M-21.7% | |
| Cost of Revenue by Product | ||||
| Colocation revenue | $45.68M+110% | $21.71M— | $0— | |
| Cost of digital asset self-mining | $218.87M-30.4% | $314.34M+7.8% | $291.7M-26.2% | |
| Digital asset hosted mining revenue from customers | $16.57M-69.1% | $53.56M-38.6% | $87.25M-48.6% | |
| Employee compensation by Product | ||||
| Colocation revenue | $7.21M+187% | $2.51M— | $0— | |
| Facility operations expense by Product | ||||
| Colocation revenue | $18.93M+59.0% | $11.91M— | $0— | |
| Cost of digital asset self-mining | $9.57M-27.9% | $13.27M-5.6% | $14.06M+47.1% | |
| Digital asset hosted mining revenue from customers | $904K-67.3% | $2.77M-47.7% | $5.29M-36.7% | |
| Operating lease expense by Product | ||||
| Colocation revenue | $13.85M+34.8% | $10.27M— | $0— | |
| Cost of digital asset self-mining | $327K-20.8% | $413K— | $0— | |
| Digital asset hosted mining revenue from customers | $34K-60.9% | $87K— | $0— | |
| Depreciation expense by Product | ||||
| Colocation revenue | $1.07M— | —— | $0— | |
| Cost of digital asset self-mining | $65.56M-39.6% | $108.5M+22.4% | $88.63M-58.4% | |
| Digital asset hosted mining revenue from customers | $1.17M-67.5% | $3.6M-47.0% | $6.81M-36.0% | |
| Power fees by Product | ||||
| Colocation revenue | $15.91M+134% | $6.81M— | $0— | |
| Cost of digital asset self-mining | $122.41M-23.9% | $160.83M-3.0% | $165.85M+15.1% | |
| Digital asset hosted mining revenue from customers | $12.6M-64.4% | $35.41M-43.2% | $62.37M-50.4% | |
| Number of operational data centers by Geography | ||||
| Alabama | 4— | —— | —— | |
| GEORGIA | 80.0% | 80.0% | 8— | |
| KENTUCKY | 40.0% | 40.0% | 4— | |
| NORTH CAROLINA | 40.0% | 4-42.9% | 7— | |
| North Dakota | 40.0% | 40.0% | 4— | |
| Oklahoma | 4— | —— | —— | |
| TEXAS | 12+9.1% | 11+37.5% | 8— |
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.
