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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 us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: Core Scientific, Inc.’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 7:08 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001839341-26-000014
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Impairment of property, plant and equipment266,488
Loss on contract termination41,94841,948
Colocation organizational and site startup costs27,03911,65535,70423,322
Selling, general and administrative49,38945,28594,56878,175
Operating loss(78,468)(26,284)(388,890)(73,322)
Non-operating expenses (income), net:
Loss on debt extinguishment5,4351,3775,4351,377
Interest expense (income), net23,833(1,185)28,690(3,372)

Item 1. Financial Statements (Unaudited)

FAQ

What is Core Scientific, Inc.'s SG&A?
Core Scientific, Inc. (CORZ) reported SG&A of $49.39M in Q2 2026.
How has Core Scientific, Inc.'s SG&A changed year-over-year?
Core Scientific, Inc.'s SG&A decreased by 13.3% year-over-year, from $56.94M to $49.39M.
What is the long-term trend for Core Scientific, Inc.'s SG&A?
Over 2 years (2023 to 2025), Core Scientific, Inc.'s SG&A has grown at a 24.1% compound annual growth rate (CAGR), from $108.11M to $166.41M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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