Core Scientific, Inc. (CORZW)
Core Scientific, Inc. provides infrastructure for high-density colocation services and digital asset mining in the United States. It operates through three segments: Colocation, Digital Asset Self-Mining, and Digital Asset Hosted Mining. The company offers space, power, cooling, facilities operations, security, and other services to third-party customers to support workloads for machine learning and artificial intelligence; deployment, monitoring, troubleshooting, optimization, and maintenance of its customers' digital asset mining equipment; and electrical power, repair, and other infrastructure services for its customers to operate, maintain, and mine digital assets. It is also involved in the deployment and operation of its fleet of miners within its digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks to receive digital assets in the form of bitcoin. It also deploys and operates its fleet of miners within its digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks; and provides hosting services for digital asset mining customers, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.
- Symbol
- CORZW
- Exchange
- Nasdaq
- Sector
- Finance, Insurance & Real Estate
- Industry
- Finance Services
- Market cap
- $3.63B
- 52 week range
- 11.32 - 12.24
Valuation
- Share price
- $10.27 (close of 2026-09-14)
- P/E (TTM)
- -1.71x
- Price to book
- -1.50x
- Price to free cash flow
- -3.79x
- Enterprise value
- $6.16B
- Book value per share
- $-7.57
Price performance
| Period | Change |
|---|
| 1 day | +12.24% |
| All time | +12.24% |
Profitability and growth
- Return on equity
- 29.98%
- Return on assets
- -12.29%
- Return on capital employed
- -15.68%
- Gross margin
- 11.88%
- Net margin
- -90.47%
- EBITDA margin
- -55.38%
- Revenue growth
- -37.53%
- Net income growth
- 79.93%
- Free cash flow growth
- -765.74%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- -26.38%
- Current ratio
- 0.89x
- Net debt to EBITDA
- -5.71x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $319.02M
- Cost of revenue
- $281.12M
- Gross profit
- $37.90M
- EBITDA
- $-176.68M
- Net income
- $-288.62M
- Earnings per share
- $-0.88
- Shares outstanding
- 318.07M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $319.02M | $37.90M | $-288.62M | $-0.88 |
| 2024-12-31 | $510.67M | $121.07M | $-1.44B | $-4.87 |
| 2023-12-31 | $502.40M | $123.46M | $-246.49M | $-0.65 |
| 2022-12-31 | $640.31M | $8.40M | $-2.15B | $-6.30 |
| 2021-12-31 | $544.48M | $238.86M | $47.31M | $0.23 |
| 2020-12-31 | $60.32M | $9.39M | $-12.21M | $-0.14 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 11.88% | -90.47% | 29.98% | - |
| 2024-12-31 | 23.71% | -281.57% | 152.47% | - |
| 2023-12-31 | 24.57% | -49.06% | 41.29% | 3.79% |
| 2022-12-31 | 1.31% | -335.20% | 524.33% | - |
| 2021-12-31 | 43.87% | 8.69% | 3.53% | 9.45% |
| 2020-12-31 | 15.57% | -20.24% | -13.68% | -7.86% |
Cash and debt by year
| Period end | Cash |
|---|
| 2025-12-31 | $311.38M |
| 2024-12-31 | $836.20M |
| 2023-12-31 | $50.41M |
| 2022-12-31 | $15.88M |
| 2021-12-31 | $117.87M |
| 2020-12-31 | $8.72M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $-450.75M | $98.24M |
| 2024-12-31 | $-52.06M | $51.92M |
| 2023-12-31 | $48.95M | $58.89M |
| 2022-12-31 | $-178.79M | $182.89M |
| 2021-12-31 | $-56.73M | $38.94M |
| 2020-12-31 | $-23.77M | $3.04M |
Investor relations
Filings and sources
- Company website
- corescientific.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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