Core Scientific (CORZ) Construction in Progress (2023 - 2025)
Core Scientific's (CORZ) quarterly Construction in Progress came in at $657.0 million in Q3 2025, up 327.01% year-over-year from $153.9 million in Q3 2024, and up 55.62% quarter-over-quarter from $422.2 million in Q2 2025.
Analysis
Core Scientific (CORZ) Construction in Progress (2023 - 2025) Analysis & Trends
Core Scientific has disclosed Construction in Progress across 3 years of filings, most recently posting $657.0 million for Q3 2025.
- In Q3 2025, Construction in Progress rose 327.01% year-over-year to $657.0 million; the TTM figure through Sep 2025 stood at $657.0 million (up 327.01% YoY), while the FY2024 annual figure was $112.0 million, down 39.12% from the prior year.
- Construction in Progress came in at $657.0 million for Q3 2025 at Core Scientific, up from $422.2 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $657.0 million in Q3 2025 to a low of $112.0 million in Q4 2024.
- Average Construction in Progress over 3 years is $291.7 million, with a median of $202.7 million recorded in 2023.
- Year-over-year, Construction in Progress slumped 39.12% in 2024 and surged 327.01% in 2025.
- Over 3 years, Construction in Progress stood at $183.9 million in 2023, then tumbled by 39.12% to $112.0 million in 2024, then soared by 486.78% to $657.0 million in 2025.
- Per Business Quant data, the three most recent Construction in Progress figures were $657.0 million in Q3 2025, $422.2 million in Q2 2025, and $221.5 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.58 Bn | 100.36 Bn | 1.40 Bn | - |
| 2 | Terawulf | 8.64 Bn | 5.88 Bn | 32.37 Mn | - |
| 3 | Applied Digital | 7.77 Bn | 3.80 Bn | 97.29 Mn | - |
| 4 | Cipher Digital | 7.57 Bn | 3.55 Bn | 9.79 Mn | 1.68 Bn |
| 5 | GDS Holdings | 6.07 Bn | 3.88 Bn | 97.89 Mn | - |
| 6 | Core Scientific | 6.06 Bn | 4.12 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.82 Bn | 832.46 Mn | 74.45 Mn | - |
| 8 | Sify Technologies | 1.57 Bn | 1.57 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 790.27 Mn | 729.90 Mn | 18.88 Mn | 484.59 Mn |
| 10 | Vulcan Infrastructure & Power | 422.40 Mn | 419.20 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 657.00 Mn |
| Jun 30, 2025 | 422.17 Mn |
| Mar 31, 2025 | 221.45 Mn |
| Dec 31, 2024 | 111.97 Mn |
| Sep 30, 2024 | 153.86 Mn |
| Dec 31, 2023 | 183.91 Mn |