Core Scientific (CORZ) Research & Development (2021 - 2024)
Core Scientific (CORZ) posted Research & Development of $5.0 million for Q4 2024, up 76.56% sequentially from $2.8 million in Q3 2024, and up 167.38% YoY from $1.9 million in Q1 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 $5.0 million in Q4 2024.
- Quarterly Research & Development rose 167.38% year-over-year to $5.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $11.8 million (up 64.67% YoY) and the FY2024 annual result came in at $11.8 million, up 64.67% from the prior year.
- Research & Development grew to $5.0 million in Q4 2024 per CORZ's latest filing, from $2.8 million in the prior quarter.
- The five-year high for Research & Development was $14.8 million in Q2 2022, with the low at $1.2 million in Q1 2021.
- Average Research & Development over 4 years is $3.4 million, with a median of $2.2 million recorded in 2023.
- Year-over-year, Research & Development jumped 928.04% in 2022 and sank 88.9% in 2023.
- Core Scientific's Research & Development stood at $3.4 million in 2021, then fell by 22.83% to $2.7 million in 2022, then retreated by 29.39% to $1.9 million in 2023, then jumped by 167.38% to $5.0 million in 2024.
- Business Quant data shows CORZ's Research & Development at $5.0 million in Q4 2024, $2.8 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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 1.04 Bn |
| 10 | Core Scientific | 7.66 Bn | 6.59 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 |