Core Scientific (CORZ) Operating Expenses (2020 - 2026)
Core Scientific's (CORZ) quarterly Operating Expenses came in at $49.4 million in Q2 2026, up 9.06% year-over-year from $45.3 million in Q2 2025, and up 10.13% quarter-over-quarter from $44.8 million in Q1 2026.
Analysis
Core Scientific (CORZ) Operating Expenses (2020 - 2026) Analysis & Trends
Core Scientific has disclosed Operating Expenses across 7 years of filings, most recently posting $49.4 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 9.06% year-over-year to $49.4 million; the TTM figure through Jun 2026 stood at $152.0 million (up 0.75% YoY), while the FY2025 annual figure was $159.2 million, up 26.85% from the prior year.
- Operating Expenses came in at $49.4 million for Q2 2026 at Core Scientific, up from $44.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $105.6 million in Q2 2022 to a low of -$11.6 million in Q4 2025.
- Average Operating Expenses over 5 years is $39.6 million, with a median of $40.9 million recorded in 2022.
- Year-over-year, Operating Expenses jumped 1179.17% in 2022 and slumped 139.06% in 2025.
- Over 5 years, Operating Expenses stood at $41.6 million in 2022, then declined by 2.99% to $40.3 million in 2023, then declined by 26.17% to $29.8 million in 2024, then tumbled by 139.06% to -$11.6 million in 2025, then soared by 524.78% to $49.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $49.4 million in Q2 2026, $44.8 million in Q1 2026, and -$11.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.58 Bn | 100.36 Bn | 1.40 Bn | 1.96 Bn |
| 2 | Terawulf | 8.64 Bn | 5.88 Bn | 32.37 Mn | 185.22 Mn |
| 3 | Applied Digital | 7.77 Bn | 3.80 Bn | 97.29 Mn | 383.57 Mn |
| 4 | Cipher Digital | 7.57 Bn | 3.55 Bn | 9.79 Mn | 35.08 Mn |
| 5 | GDS Holdings | 6.07 Bn | 3.88 Bn | 97.89 Mn | -28.32 Mn |
| 6 | Core Scientific | 6.06 Bn | 4.12 Bn | 70.04 Mn | 49.39 Mn |
| 7 | Vnet | 1.82 Bn | 832.46 Mn | 74.45 Mn | -40.67 Mn |
| 8 | Sify Technologies | 1.57 Bn | 1.57 Bn | 51.65 Mn | -97.82 Mn |
| 9 | WhiteFiber | 790.27 Mn | 729.90 Mn | 18.88 Mn | 38.09 Mn |
| 10 | Vulcan Infrastructure & Power | 422.40 Mn | 419.20 Mn | -1.25 Mn | 13.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.39 Mn |
| Mar 31, 2026 | 44.85 Mn |
| Dec 31, 2025 | -11.63 Mn |
| Sep 30, 2025 | 69.35 Mn |
| Jun 30, 2025 | 45.29 Mn |
| Mar 31, 2025 | 32.29 Mn |
| Dec 31, 2024 | 29.77 Mn |
| Sep 30, 2024 | 43.50 Mn |
| Jun 30, 2024 | 34.35 Mn |
| Mar 31, 2024 | 18.72 Mn |
| Dec 31, 2023 | 40.32 Mn |
| Sep 30, 2023 | 25.76 Mn |
| Jun 30, 2023 | 26.04 Mn |
| Mar 31, 2023 | 23.18 Mn |
| Dec 31, 2022 | 41.56 Mn |
| Sep 30, 2022 | 49.54 Mn |
| Jun 30, 2022 | 105.65 Mn |
| Mar 31, 2022 | 44.90 Mn |
| Dec 31, 2021 | 16.95 Mn |
| Sep 30, 2021 | 37.94 Mn |