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

Core Scientific (CORZ) Cost of Revenue (2021 - 2026)

Core Scientific's (CORZ) quarterly Cost of Revenue came in at $94.2 million in Q2 2026, up 27.93% year-over-year from $73.6 million in Q2 2025, and up 10.59% quarter-over-quarter from $85.1 million in Q1 2026.

Analysis

Core Scientific (CORZ) Cost of Revenue (2021 - 2026) Analysis & Trends

Core Scientific has disclosed Cost of Revenue across 6 years of filings, most recently posting $94.2 million for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 27.93% year-over-year to $94.2 million; the TTM figure through Jun 2026 stood at $315.5 million (down 4.56% YoY), while the FY2025 annual figure was $281.1 million, down 27.84% from the prior year.
  • Cost of Revenue came in at $94.2 million for Q2 2026 at Core Scientific, up from $85.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $189.6 million in Q3 2022 to a low of $59.0 million in Q4 2025.
  • Average Cost of Revenue over 5 years is $103.4 million, with a median of $94.8 million recorded in 2024.
  • Year-over-year, Cost of Revenue soared 246.61% in 2022 and sank 48.6% in 2023.
  • Over 5 years, Cost of Revenue stood at $168.5 million in 2022, then tumbled by 39.09% to $102.6 million in 2023, then decreased by 12.15% to $90.2 million in 2024, then sank by 34.55% to $59.0 million in 2025, then surged by 59.57% to $94.2 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $94.2 million in Q2 2026, $85.1 million in Q1 2026, and $59.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Equinix 102.58 Bn 100.36 Bn 1.40 Bn 1.23 Bn
2 Terawulf 8.64 Bn 5.88 Bn 32.37 Mn 12.40 Mn
3 Applied Digital 7.77 Bn 3.80 Bn 97.29 Mn 161.46 Mn
4 Cipher Digital 7.57 Bn 3.55 Bn 9.79 Mn 15.05 Mn
5 GDS Holdings 6.07 Bn 3.88 Bn 97.89 Mn 357.22 Mn
6 Core Scientific 6.06 Bn 4.12 Bn 70.04 Mn 94.16 Mn
7 Vnet 1.82 Bn 832.46 Mn 74.45 Mn 335.08 Mn
8 Sify Technologies 1.57 Bn 1.57 Bn 51.65 Mn 78.82 Mn
9 WhiteFiber 790.27 Mn 729.90 Mn 18.88 Mn 9.96 Mn
10 Vulcan Infrastructure & Power 422.40 Mn 419.20 Mn -1.25 Mn 4.63 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 94.16 Mn
Mar 31, 2026 85.14 Mn
Dec 31, 2025 59.01 Mn
Sep 30, 2025 77.20 Mn
Jun 30, 2025 73.60 Mn
Mar 31, 2025 71.31 Mn
Dec 31, 2024 90.16 Mn
Sep 30, 2024 95.51 Mn
Jun 30, 2024 102.29 Mn
Mar 31, 2024 101.65 Mn
Dec 31, 2023 102.63 Mn
Sep 30, 2023 97.49 Mn
Jun 30, 2023 89.95 Mn
Mar 31, 2023 88.87 Mn
Dec 31, 2022 168.49 Mn
Sep 30, 2022 189.65 Mn
Jun 30, 2022 151.26 Mn
Mar 31, 2022 122.52 Mn
Dec 31, 2021 160.43 Mn
Sep 30, 2021 54.72 Mn