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Core Scientific, Inc. CORZ Total Cost of Revenue

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Segments

By product

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Colocation revenue$56.69M+501%
Cost of digital asset self-mining$33.7M-43.4%
Digital asset hosted mining revenue from customers$3.77M-17.7%

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:CostOfRevenue.

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
Cost of colocation services56,6869,43090,30417,536
Cost of digital asset self-mining33,70059,58980,889120,759
Cost of digital asset hosted mining services3,7714,5848,1026,620
Total cost of revenue94,15773,603179,295144,915
Gross profit70,0445,025100,15013,238
Loss (gain) on fair value of digital assets9,368(29,797)15,926(19,109)
Loss on disposal of property, plant and equipment1,2734,16614,9114,172
Loss on remeasurement of assets held for sale19,49519,495

Item 1. Financial Statements (Unaudited)

FAQ

What is Core Scientific, Inc.'s total cost of revenue?
Core Scientific, Inc. (CORZ) reported total cost of revenue of $94.16M in Q2 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 27.9% year-over-year, from $73.6M to $94.16M.
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 aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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