Core Scientific (CORZ) Construction in Progress (2023 - 2025)

Core Scientific (CORZ) posted Construction in Progress of $657.0 million for Q3 2025, up 55.62% sequentially from $422.2 million in Q2 2025, and up 327.01% YoY from $153.9 million in Q3 2024.

Core Scientific (CORZ) Construction in Progress (2023 - 2025) Analysis & Trends

Core Scientific (CORZ) has 3 years of Construction in Progress data on file, last reported at $657.0 million in Q3 2025.

  • Quarterly Construction in Progress rose 327.01% year-over-year to $657.0 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $657.0 million (up 327.01% YoY) and the FY2024 annual result came in at $112.0 million, down 39.12% from the prior year.
  • Construction in Progress advanced to $657.0 million in Q3 2025 per CORZ's latest filing, from $422.2 million in the prior quarter.
  • The five-year high for Construction in Progress was $657.0 million in Q3 2025, with the low at $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 sank 39.12% in 2024 and surged 327.01% in 2025.
  • Core Scientific's Construction in Progress stood at $183.9 million in 2023, then slumped by 39.12% to $112.0 million in 2024, then soared by 486.78% to $657.0 million in 2025.
  • Business Quant data shows CORZ's Construction in Progress at $657.0 million in Q3 2025, $422.2 million in Q2 2025, and $221.5 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn -
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 39.97 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn -
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn -
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 Core Scientific 7.66 Bn 6.59 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