Core Scientific CORZ
NASDAQ CORZ
$18.73 +0.84 (+4.67%)
As of: Sep 8, 2026 · 3:59 PM EDT

Core Scientific (CORZ) Research & Development (2021 - 2024)

Core Scientific's (CORZ) quarterly Research & Development came in at $4.7 million in Q4 2024, up 152.19% year-over-year from $1.9 million in Q1 2024, and up 50.14% quarter-over-quarter from $3.2 million in Q3 2024.

Analysis

Core Scientific (CORZ) Research & Development (2021 - 2024) Analysis & Trends

Core Scientific has disclosed Research & Development across 4 years of filings, most recently posting $4.7 million for Q4 2024.

  • In Q4 2024, Research & Development rose 152.19% year-over-year to $4.7 million; the TTM figure through Dec 2024 stood at $12.6 million (up 76.04% YoY), while the FY2024 annual figure was $11.8 million, up 64.67% from the prior year.
  • Research & Development came in at $4.7 million for Q4 2024 at Core Scientific, up from $3.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $14.8 million in Q2 2022 to a low of $1.2 million in Q1 2021.
  • Average Research & Development over 4 years is $3.4 million, with a median of $2.5 million recorded in 2022.
  • Year-over-year, Research & Development jumped 928.04% in 2022 and slumped 88.9% in 2023.
  • Over 4 years, Research & Development stood at $3.4 million in 2021, then slipped by 22.83% to $2.7 million in 2022, then dropped by 29.39% to $1.9 million in 2023, then surged by 152.19% to $4.7 million in 2024.
  • Per Business Quant data, the three most recent Research & Development figures were $4.7 million in Q4 2024, $3.2 million in Q3 2024, and $3.0 million in Q2 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Equinix 102.58 Bn 100.36 Bn 1.40 Bn 239.00 Mn
2 Terawulf 8.64 Bn 5.88 Bn 32.37 Mn -
3 Applied Digital 7.77 Bn 3.80 Bn 97.29 Mn -
4 Cipher Digital 7.57 Bn 3.55 Bn 9.79 Mn -
5 GDS Holdings 6.07 Bn 3.88 Bn 97.89 Mn -1.04 Mn
6 Core Scientific 6.06 Bn 4.12 Bn 70.04 Mn -
7 Vnet 1.82 Bn 832.46 Mn 74.45 Mn -11.08 Mn
8 Sify Technologies 1.57 Bn 1.57 Bn 51.65 Mn -
9 WhiteFiber 790.27 Mn 729.90 Mn 18.88 Mn -
10 Vulcan Infrastructure & Power 422.40 Mn 419.20 Mn -1.25 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 4.73 Mn
Sep 30, 2024 3.15 Mn
Jun 30, 2024 2.97 Mn
Mar 31, 2024 1.80 Mn
Dec 31, 2023 1.88 Mn
Sep 30, 2023 2.25 Mn
Jun 30, 2023 1.64 Mn
Mar 31, 2023 1.42 Mn
Dec 31, 2022 2.66 Mn
Sep 30, 2022 6.19 Mn
Jun 30, 2022 14.77 Mn
Mar 31, 2022 3.34 Mn
Dec 31, 2021 3.44 Mn
Sep 30, 2021 1.59 Mn
Jun 30, 2021 1.44 Mn
Mar 31, 2021 1.21 Mn