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-on-year from $153.9 million in Q3 2024, and up 55.62% quarter-over-quarter from $422.2 million in Q2 2025.

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.

  • Construction in Progress for Q3 2025 came in at $657.0 million, up 327.01% year-over-year; the trailing twelve-month figure through Sep 2025 was $657.0 million (up 327.01% YoY), and the FY2024 annual result 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.
  • The 3-year median for Construction in Progress is $202.7 million (2023), against an average of $291.7 million.
  • Across the five-year window, Construction in Progress tumbled 39.12% in 2024 and jumped 327.01% in 2025, its largest moves.
  • Core Scientific's Construction in Progress stood at $183.9 million in 2023, then sank by 39.12% to $112.0 million in 2024, then soared by 486.78% to $657.0 million in 2025.
  • The last three Construction in Progress figures came in at $657.0 million (Q3 2025), $422.2 million (Q2 2025), and $221.5 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn -
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn -
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn -
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn -
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn -
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn -
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn -
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn -
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn -
10 Core Scientific 8.91 Bn 7.84 Bn 30.11 Mn -

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