Core Scientific CORZ
NASDAQ CORZ
$18.73 +0.84 (+4.67%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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