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

Core Scientific's (CORZ) quarterly Cost of Revenue came in at $85.1 million in Q1 2026, up 19.39% year-on-year from $71.3 million in Q1 2025, and up 44.28% quarter-over-quarter from $59.0 million in Q4 2025.

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 $85.1 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $85.1 million, up 19.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $294.9 million (down 17.9% YoY), and the FY2025 annual result was $281.1 million, down 27.84% from the prior year.
  • Cost of Revenue came in at $85.1 million for Q1 2026 at Core Scientific, up from $59.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $375.8 million in Q4 2023 to a low of -$450.7 million in Q4 2022.
  • The 5-year median for Cost of Revenue is $77.2 million (2025), against an average of $57.3 million.
  • Across the five-year window, Cost of Revenue sank 219.34% in 2022 and soared 9335.89% in 2024, its largest moves.
  • 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 plunged by 76.01% to $90.2 million in 2024, then tumbled by 34.55% to $59.0 million in 2025, then surged by 44.28% to $85.1 million in 2026.
  • The last three Cost of Revenue figures came in at $85.1 million (Q1 2026), $59.0 million (Q4 2025), and $77.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 6.81 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 4.48 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 2.05 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 215.80 Mn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 823.00 Mn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 463.58 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 636.30 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 396.38 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 184.16 Mn
10 Core Scientific 8.91 Bn 7.84 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