Core Scientific, Inc. Common Stock

Core Scientific, Inc. Common Stock

CORZ · NASDAQ · Technology / Software - Infrastructure

14.52USD+0.14 (+0.97%)

Price History

Full chart

Market Stats

Previous Close14.38
Open14.21
Day Range13.49 – 14.62
52-Week Range13.36 – 30.46
Volume19.72M
Market Cap4.96B
P/E (TTM)0.00
Forward P/E30.67
EPS-4.25
Dividend Yield0.00%
Beta5.48
50-Day Avg17.99
200-Day Avg19.82

About

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.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Adam Sullivan
  • Employees325
  • Headquarters838 Walker Road, Dover, DE, United States, 19904, USA
  • Websitehttps://corescientific.com

Leadership

  • Mr. Adam SullivanCEO, President & Director · b. 1992
  • Mr. James P. Nygaard Jr.Executive VP & CFO · b. 1975
  • Mr. Todd M. Duchene J.D.Executive VP, Chief Legal and Administrative Officer & Secretary · b. 1964
  • Mr. Matt BrownChief Operating Officer
  • Mr. Jorge RayChief Accounting Officer · b. 1983
  • Mr. Larry Kom Ph.D.Chief Technology Officer
  • Mr. Jonathan David CharbonneauSenior Vice President of Investor Relations & Marketing
  • Mr. Sean T. KimbleChief Human Resources Officer · b. 1965
  • Mr. Jeff TaylorChief Information Security Officer
  • Mr. Russell Preston CannChief Development Officer · b. 1976

Financials

Income Statement

Currency: USD2019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue59.52M60.32M544.48M640.31M502.40M510.67M319.02M
Growth (%)-+1.34%+802.66%+17.60%-21.54%+1.65%-37.53%
Cost of Revenue49.00M50.93M305.62M631.91M378.94M389.60M281.12M
Gross Profit10.53M9.39M238.86M8.40M123.46M121.07M37.90M
Gross Margin17.69%15.57%43.87%1.31%24.57%23.71%11.88%
Operating Expense22.21M15.72M72.22M252.97M114.50M140.27M262.45M
Operating Income-11.69M-6.33M166.64M-244.57M8.96M-19.20M-224.55M
Operating Margin-19.63%-10.49%30.61%-38.20%1.78%-3.76%-70.39%
EBITDA-5.57M1.63M140.79M-1.84B-63.12M-1.16B-207.85M
EBITDA Margin-9.36%2.71%25.86%-287.44%-12.56%-226.56%-65.15%
Net Income-11.92M-12.21M47.31M-2.15B-246.49M-1.32B-288.62M
Net Income Margin-20.03%-20.24%8.69%-335.20%-49.06%-257.50%-90.47%
R&D5.48M5.27M7.67M26.96M7.18M11.83M-
R&D as % of Total Revenue9.21%8.74%1.41%4.21%1.43%2.32%-
Interest Expense235.00K4.44M44.35M96.83M86.24M37.07M3.28M
Interest Expense % of Total Revenue0.39%7.35%8.15%15.12%17.17%7.26%1.03%

Balance Sheet

Currency: USD2019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets162.01M225.58M2.44B807.69M712.16M1.60B2.35B
Total Liabilities26.16M91.88M1.10B1.22B1.31B2.42B3.31B
Total Equity135.85M133.70M1.34B-409.35M-596.94M-820.18M-962.74M
Cash6.66M8.67M117.87M15.88M50.41M836.20M311.38M
Total Debt7.49M40.29M818.81M-865.54M1.20B1.06B
Net Debt837.00K31.62M700.93M20.36M815.14M363.57M748.95M

Cash Flow

Currency: USD2019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-832.00K-23.77M-56.73M205.19M65.11M42.90M278.25M
Investing Cash Flow-37.36M-15.14M-423.84M--3.00M-95.19M-740.75M
Financing Cash Flow28.69M40.72M603.53M306.15M-44.65M819.57M-63.10M
Capital Expenditure37.41M1.57M59.27M601.66M16.16M94.96M729.00M
Free Cash Flow-38.24M-25.33M-116.01M-396.47M48.95M-52.06M-450.75M
FCF to OCF4596.63%106.60%204.48%-193.22%75.18%-121.37%-161.99%

Earnings

Report DateMar 29, 2022May 12, 2022Aug 11, 2022Nov 28, 2022Nov 29, 2023Mar 12, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Mar 10, 2025May 7, 2025Aug 8, 2025Oct 24, 2025Mar 31, 2026May 6, 2026Jul 28, 2026Oct 23, 2026
EPS Estimate0.330.160.04-0.170.000.070.140.12-0.040.050.020.010.07-0.12-0.05-0.020.00
EPS Actual0.41-1.52-2.65-1.23-0.11-0.510.16-0.04-0.16-0.13-0.13-0.04-0.20-0.18-0.110.18-
Surprise24.24%-1050.00%-6725.00%-623.53%--881.85%14.29%-133.33%-300.00%-351.40%-750.00%-500.00%-385.71%-53.33%-120.00%1000.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap4.96B
Enterprise Value8.34B
Trailing P/E0.00
Forward P/E30.67
Price / Sales11.26
Price / Book0.00
EPS-4.25
Book Value-7.57
Revenue (TTM)440.31M
Gross Profit (TTM)141.50M
EBITDA-78.25M
Profit Margin0.00%
Operating Margin6.87%
Return on Equity0.00%
Return on Assets-2.43%
Shares Outstanding321.34M
Shares Float292.88M
Beta5.48
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 22 analystsTarget 33.05
  • Strong Buy
    17
  • Buy
    3
  • Hold
    2

Ownership Breakdown

Institutions
120.73%
Insiders
1.40%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    28.12M8.75%
  • Situational Awareness LP
    26.01M8.09%
  • Situational Awareness Partners LP
    26.01M8.09%
  • Jericho Capital Asset Management LP
    22.88M7.12%
  • Vanguard Portfolio Management, LLC
    18.66M5.81%
  • Two Seas Capital LP
    16.15M5.03%
  • UBS Group AG
    15.89M4.94%
  • Vanguard Capital Management, LLC
    13.80M4.29%
  • Two Sigma Investments LLC
    10.28M3.20%
  • Value Aligned Research Advisors LLC
    9.19M2.86%
  • Geode Capital Management, LLC
    8.50M2.64%
  • State Street Corp
    7.75M2.41%
  • Valiant Capital Management LP
    7.47M2.33%
  • ORG Wealth Partners, LLC
    7.28M2.27%
  • Jane Street Group LLC
    6.47M2.01%
  • Morgan Stanley - Brokerage Accounts
    6.34M1.97%
  • T. Rowe Price Associates, Inc.
    6.22M1.93%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    9.61M2.99%
  • iShares Russell 2000 ETF
    8.29M2.58%
  • Vanguard Small Cap Index
    6.94M2.16%