Core Scientific (CORZ) Operating Expenses (2020 - 2026)

Core Scientific (CORZ) posted Operating Expenses of $44.8 million for Q1 2026, up 485.71% sequentially from -$11.6 million in Q4 2025, and up 38.9% YoY from $32.3 million in Q1 2025.

Core Scientific (CORZ) Operating Expenses (2020 - 2026) Analysis & Trends

Core Scientific (CORZ) has 7 years of Operating Expenses data on file, last reported at $44.8 million in Q1 2026.

  • Quarterly Operating Expenses rose 38.9% year-over-year to $44.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $159.5 million (up 14.69% YoY) and the FY2025 annual result came in at $159.2 million, up 26.85% from the prior year.
  • Operating Expenses rose to $44.8 million in Q1 2026 per CORZ's latest filing, from -$11.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $105.6 million in Q2 2022, with the low at -$11.6 million in Q4 2025.
  • Average Operating Expenses over 5 years is $39.7 million, with a median of $40.3 million recorded in 2023.
  • Year-over-year, Operating Expenses jumped 1179.17% in 2022 and plunged 138.69% in 2025.
  • Core Scientific's Operating Expenses stood at $41.6 million in 2022, then decreased by 2.99% to $40.3 million in 2023, then fell by 25.46% to $30.1 million in 2024, then sank by 138.69% to -$11.6 million in 2025, then jumped by 485.71% to $44.8 million in 2026.
  • Business Quant data shows CORZ's Operating Expenses at $44.8 million in Q1 2026, -$11.6 million in Q4 2025, and $69.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 10.85 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 13.05 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 979.89 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 517.59 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.57 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.08 Bn
10 Core Scientific 7.66 Bn 6.59 Bn 30.11 Mn 44.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 44.85 Mn
Dec 31, 2025 -11.63 Mn
Sep 30, 2025 69.35 Mn
Jun 30, 2025 56.94 Mn
Mar 31, 2025 32.29 Mn
Dec 31, 2024 30.05 Mn
Sep 30, 2024 43.19 Mn
Jun 30, 2024 33.56 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
Jun 30, 2021 8.26 Mn