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

Core Scientific (CORZ) posted Cost of Revenue of $85.1 million for Q1 2026, up 44.28% sequentially from $59.0 million in Q4 2025, and up 19.39% YoY from $71.3 million in Q1 2025.

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

Core Scientific (CORZ) has 6 years of Cost of Revenue data on file, last reported at $85.1 million in Q1 2026.

  • Quarterly Cost of Revenue rose 19.39% year-over-year to $85.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $294.9 million (down 17.9% YoY) and the FY2025 annual result came in at $281.1 million, down 27.84% from the prior year.
  • Cost of Revenue rose to $85.1 million in Q1 2026 per CORZ's latest filing, from $59.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $375.8 million in Q4 2023, with the low at -$450.7 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $57.3 million, with a median of $77.2 million recorded in 2025.
  • Year-over-year, Cost of Revenue tumbled 219.34% in 2022 and jumped 9335.89% in 2024.
  • Core Scientific's Cost of Revenue stood at -$450.7 million in 2022, then jumped by 183.39% to $375.8 million in 2023, then sank by 76.01% to $90.2 million in 2024, then plunged by 34.55% to $59.0 million in 2025, then surged by 44.28% to $85.1 million in 2026.
  • Business Quant data shows CORZ's Cost of Revenue at $85.1 million in Q1 2026, $59.0 million in Q4 2025, and $77.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 6.81 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 215.80 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 823.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 463.58 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 636.30 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 184.16 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 396.38 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.15 Bn
10 Core Scientific 7.66 Bn 6.59 Bn 30.11 Mn 85.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 85.14 Mn
Mar 31, 2026 85.14 Mn
Dec 31, 2025 59.01 Mn
Dec 31, 2025 59.01 Mn
Sep 30, 2025 77.20 Mn
Sep 30, 2025 77.20 Mn
Jun 30, 2025 73.60 Mn
Jun 30, 2025 73.60 Mn
Mar 31, 2025 71.31 Mn
Mar 31, 2025 71.31 Mn
Dec 31, 2024 90.16 Mn
Dec 31, 2024 90.16 Mn
Sep 30, 2024 95.51 Mn
Sep 30, 2024 95.51 Mn
Jun 30, 2024 102.29 Mn
Jun 30, 2024 102.29 Mn
Mar 31, 2024 101.65 Mn
Mar 31, 2024 101.65 Mn
Dec 31, 2023 375.81 Mn
Dec 31, 2023 375.81 Mn