Core Scientific (CORZ) Research & Development (2021 - 2024)
Core Scientific (CORZ) reported Research & Development of $3.2 million for Q4 2024, down 22.12% on a YoY basis from $4.1 million in Q1 2024, and little changed sequentially from $3.2 million in Q3 2024.
Core Scientific (CORZ) Research & Development (2021 - 2024) Analysis & Trends
Core Scientific (CORZ) has 4 years of Research & Development data on file, last reported at $3.2 million in Q4 2024.
- For the quarter ending Q4 2024, Research & Development fell 22.12% year-over-year to $3.2 million; the trailing twelve-month figure through Dec 2024 stood at $10.3 million (up 14.82% YoY), and the FY2024 full-year result was $10.0 million, up 38.77% from the prior year.
- Research & Development steadied at $3.2 million in Q4 2024, from $3.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $10.2 million in Q2 2022 to a low of $720000.0 in Q2 2021.
- A 4-year average of $3.2 million and a median of $2.5 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 1321.94% in 2022 and plunged 83.98% in 2023, its largest moves.
- Tracing CORZ's Research & Development over 4 years: stood at $5.5 million in 2021, then sank by 51.59% to $2.7 million in 2022, then soared by 52.47% to $4.1 million in 2023, then decreased by 22.12% to $3.2 million in 2024.
- Business Quant data shows CORZ's Research & Development at $3.2 million in Q4 2024, $3.2 million in Q3 2024, and $2.2 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 271.60 Mn |
| 10 | Core Scientific | 6.72 Bn | 5.65 Bn | 30.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 3.16 Mn |
| Sep 30, 2024 | 3.15 Mn |
| Jun 30, 2024 | 2.17 Mn |
| Mar 31, 2024 | 1.80 Mn |
| Dec 31, 2023 | 4.05 Mn |
| Sep 30, 2023 | 2.25 Mn |
| Jun 30, 2023 | 1.64 Mn |
| Mar 31, 2023 | 1.01 Mn |
| Dec 31, 2022 | 2.66 Mn |
| Sep 30, 2022 | 6.19 Mn |
| Jun 30, 2022 | 10.24 Mn |
| Mar 31, 2022 | 3.34 Mn |
| Dec 31, 2021 | 5.49 Mn |
| Sep 30, 2021 | 1.59 Mn |
| Jun 30, 2021 | 720,000.00 |
| Mar 31, 2021 | 1.21 Mn |