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Core Scientific, Inc. CORZ Total Cost of Revenue

Total Cost of Revenue at other companies

TeraWulf logo
TeraWulfWULF
$2.36M-90.4%
Equinix, Inc. logo
Equinix, Inc.EQIX
$1.19B+9.4%
Applied Digital logo
Applied DigitalAPLD
$72.83M+48.2%
Cipher Digital, Inc.
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Cipher Digital, Inc. CIFR
$17.71M+18.9%
Iris Energy logo
Iris EnergyIREN
$39.93M-4.8%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
$25.55M+36.9%

Segments

By product

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Cost of digital asset self-mining$47.19M-22.9%
Colocation revenue$33.62M+315%
Digital asset hosted mining revenue from customers$4.33M+113%

Other financials

Income statement

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Revenue$115.2M+44.9%
Gross profit$30.1M+267%
Operating income-$310.4M-560%
Net income-$347.2M-160%
EPS (diluted)-$1.06-185%

Balance sheet

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Cash & equivalents$1.1B+64.0%
Total debt$2.2B+82.8%
Total equity-$1.3B-323%
Total assets$3.1B+88.9%

Cash flow

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Operating cash flow$249.9M+655%
CapEx$389.2M+363%
Free cash flow-$139.3M-8.0%

Valuation

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Market cap$9.27B+121%
Enterprise value$10.28B+119%
P/S26.1×+15.9×

Profitability

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Gross margin16.9%+4.3pp
Operating margin-144.7%-478pp
Net margin-238.9%-1.8pp
FCF margin-130%-246pp

Returns & leverage

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Return on equity-242.4%
Debt / equity2.2×
Current ratio0.5×-3.7×

Where this comes from

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

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Core Scientific, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Core Scientific, Inc.'s total cost of revenue?
Core Scientific, Inc. (CORZ) reported total cost of revenue of $85.14M in Q1 2026.
How has Core Scientific, Inc.'s total cost of revenue changed year-over-year?
Core Scientific, Inc.'s total cost of revenue increased by 19.4% year-over-year, from $71.31M to $85.14M.
What is the long-term trend for Core Scientific, Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), Core Scientific, Inc.'s total cost of revenue has grown at a -2.1% compound annual growth rate (CAGR), from $305.62M to $281.12M.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services sold by the company.
How do you interpret total cost of revenue?
A decrease relative to revenue indicates improved operational efficiency, while an increase may signal rising energy costs or hardware inefficiencies.
How does total cost of revenue compare across companies?
Comparable to cost of goods sold (COGS) in manufacturing or direct service costs in technology sectors.