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+1,915% | $19.75M+640% | $6.23M+223% | $3.64M+479% | $3.14M— | |
| Digital Asset Hosted Mining Segment | $9.35M-43.3% | $7.81M-67.4% | $7.15M-74.8% | $10.1M-64.4% | $16.48M-40.4% | |
| Digital Asset Self-Mining Segment | -$12.75M-140% | $10.34M-89.0% | $8.53M-93.2% | $4.11M-97.1% | $32.02M-77.4% | |
| Gross margin by Business | ||||||
| Colocation Segment | 108%— | 56%— | —— | —— | —— | |
| Digital Asset Hosted Mining Segment | 90%-16.0pp | 93%+1.0pp | 89%— | 95%— | 106%— | |
| Digital Asset Self-Mining Segment | -54%— | 12%— | —— | —— | —— | |
| Other segment items by Product | ||||||
| Colocation revenue | $3M+282% | $2.56M+435% | $1.58M+454% | $1.13M+3,123% | $785K— | |
| Cost of digital asset self-mining | $2.33M-54.3% | $2.8M-50.1% | $3.76M-33.4% | $4.17M-30.7% | $5.1M-17.8% | |
| Digital asset hosted mining revenue from customers | $281K-92.7% | $264K-96.1% | $318K-96.2% | $1.38M-84.3% | $3.86M-50.9% | |
| Revenue from customers by Product | ||||||
| Colocation revenue | $134.39M+308% | $65.42M+168% | $42.61M+169% | $37.99M+588% | $32.95M— | |
| Digital asset hosted mining revenue from customers | $28.22M-45.7% | $24.39M-68.6% | $24.64M-75.6% | $32.8M-70.4% | $52M-53.8% | |
| Cost of Revenue by Product | ||||||
| Colocation revenue | $71.19M+139% | $45.68M+110% | $36.38M+161% | $34.35M+602% | $29.82M— | |
| Cost of digital asset self-mining | $204.89M-30.3% | $218.87M-30.4% | $258.41M-18.1% | $273.53M-12.8% | $293.94M-2.2% | |
| Digital asset hosted mining revenue from customers | $18.87M-46.9% | $16.57M-69.1% | $17.48M-75.9% | $22.7M-73.4% | $35.51M-61.0% | |
| Employee compensation by Product | ||||||
| Colocation revenue | $8.9M+134% | $7.21M+187% | $5.69M+285% | $4.88M+6,155% | $3.81M— | |
| Facility operations expense by Product | ||||||
| Colocation revenue | $21.83M+38.5% | $18.93M+59.0% | $16.51M+107% | $16.99M+448% | $15.76M— | |
| Cost of digital asset self-mining | $8.26M-39.3% | $9.57M-27.9% | $11.04M-16.4% | $12.46M-5.7% | $13.6M+0.8% | |
| Digital asset hosted mining revenue from customers | $990K-51.2% | $904K-67.3% | $931K-75.6% | $1.37M-69.0% | $2.03M-58.2% | |
| Operating lease expense by Product | ||||||
| Colocation revenue | $14.23M+4.0% | $13.85M+34.8% | $12.57M+58.5% | $13.99M+352% | $13.68M— | |
| Cost of digital asset self-mining | $344K-14.2% | $327K-20.8% | $351K+16.2% | $378K+92.9% | $401K+313% | |
| Digital asset hosted mining revenue from customers | $41K-34.9% | $34K-60.9% | $33K-57.7% | $44K-21.4% | $63K+117% | |
| Depreciation expense by Product | ||||||
| Colocation revenue | $3.07M— | $1.07M— | —— | —— | —— | |
| Cost of digital asset self-mining | $60.21M-40.0% | $65.56M-39.6% | $78.22M-25.7% | $90.16M-9.8% | $100.28M+6.7% | |
| Digital asset hosted mining revenue from customers | $1.33M-46.2% | $1.17M-67.5% | $1.21M-75.5% | $1.77M-69.0% | $2.48M-61.1% | |
| Power fees by Product | ||||||
| Colocation revenue | $34.39M+266% | $15.91M+134% | $12.26M+195% | $11.19M+573% | $9.39M— | |
| Cost of digital asset self-mining | $119.36M-18.3% | $122.41M-23.9% | $131.57M-20.3% | $135.71M-19.7% | $146.17M-13.7% | |
| Digital asset hosted mining revenue from customers | $14.53M-37.6% | $12.6M-64.4% | $12.11M-74.9% | $15.19M-72.9% | $23.28M-61.4% | |
| Number of operational data centers by Geography | ||||||
| Alabama | 4— | 4— | 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% | 4-20.0% | 4-33.3% | |
| North Dakota | 40.0% | 40.0% | 40.0% | 40.0% | 40.0% | |
| Oklahoma | 4— | 4— | 4— | —— | —— | |
| TEXAS | 13+8.3% | 12+9.1% | 12+20.0% | 12+33.3% | 12+50.0% |
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.
