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
DateValue
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