Core Scientific (CORZ) Debt Ratio (2021 - 2026)
Core Scientific's (CORZ) Debt Ratio was 0.82 for Q2 2026, up 43.0% from 0.57 a year earlier and up 22.1% from the prior quarter.
Analysis
Core Scientific (CORZ) Debt Ratio (2021 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Core Scientific was 0.45, down 38.9% from FY2024.
- By year, Debt Ratio came in at 0.74 in FY2024 (-34.9%), 1.14 in FY2023, 0.04 in FY2022 (-85.0%) and 0.30 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q2 2024.
- Year over year, Debt Ratio gained in two of the last eight quarters, with an average decline of 16.6%.
- The high point for year-over-year Debt Ratio in five years was Q3 2023 (growth of 64.5%); the low point was Q2 2023 (a decline of 93.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.67 (Q1 2026), 0.45 (Q4 2025) and 0.49 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 0.05 |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 0.41 |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 0.20 |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 0.48 |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 0.31 |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 0.05 |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 1.29 |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 0.11 |
| 10 | Core Scientific | 5.28 Bn | 1.74 Bn | 70.04 Mn | 0.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.82 |
| Mar 31, 2026 | 0.67 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.49 |
| Jun 30, 2025 | 0.57 |
| Mar 31, 2025 | 0.73 |
| Dec 31, 2024 | 0.74 |
| Sep 30, 2024 | 0.60 |
| Jun 30, 2024 | 0.82 |
| Mar 31, 2024 | 0.71 |
| Dec 31, 2023 | 1.14 |
| Sep 30, 2023 | 1.15 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.70 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | 0.43 |
| Dec 31, 2021 | 0.30 |
API Access
Core Scientific Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CORZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CORZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CORZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();