Core Scientific (CORZ) Research & Development (2021 - 2024)
Core Scientific's (CORZ) quarterly Research & Development came in at $5.0 million in Q4 2024, up 167.38% year-on-year from $1.9 million in Q1 2024, and up 76.56% quarter-over-quarter from $2.8 million in Q3 2024.
Core Scientific (CORZ) Research & Development (2021 - 2024) Analysis & Trends
Core Scientific has disclosed Research & Development across 4 years of filings, most recently posting $5.0 million for Q4 2024.
- Research & Development for Q4 2024 came in at $5.0 million, up 167.38% year-over-year; the trailing twelve-month figure through Dec 2024 was $11.8 million (up 64.67% YoY), and the FY2024 annual result was $11.8 million, up 64.67% from the prior year.
- Research & Development came in at $5.0 million for Q4 2024 at Core Scientific, up from $2.8 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.
- The 4-year median for Research & Development is $2.2 million (2023), against an average of $3.4 million.
- Across the five-year window, Research & Development soared 928.04% in 2022 and tumbled 88.9% in 2023, its largest moves.
- Core Scientific's 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 jumped by 167.38% to $5.0 million in 2024.
- The last three Research & Development figures came in at $5.0 million (Q4 2024), $2.8 million (Q3 2024), and $2.2 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 2.30 Mn |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 2.61 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 160.98 Mn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 511.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 356.41 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 214.00 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 150.97 Mn |
| 10 | Core Scientific | 8.91 Bn | 7.84 Bn | 30.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 5.02 Mn |
| Sep 30, 2024 | 2.84 Mn |
| Jun 30, 2024 | 2.17 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 |