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
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