Growth Metrics

Core Scientific (CORZR) Operating Expenses (2020 - 2026)

Core Scientific recorded quarterly Operating Expenses of $44.8 million in Q1 2026, up 485.71% quarter-over-quarter from -$11.6 million in Q4 2025, and up 38.9% year-over-year from $32.3 million in Q1 2025.

Core Scientific's Operating Expenses history runs 7 years deep, the most recent figure standing at $44.8 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 38.9% year-over-year to $44.8 million; the TTM figure through Mar 2026 stood at $159.5 million (up 14.69% YoY), while the FY2025 annual figure was $159.2 million, up 26.85% from the prior year.
  • Operating Expenses came in at $44.8 million for Q1 2026 at Core Scientific, up from -$11.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $105.6 million in Q2 2022 to a low of -$11.6 million in Q4 2025.
  • A 5-year average of $39.7 million and a median of $40.3 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 1179.17% in 2022 and sank 138.69% in 2025, its largest moves.
  • Core Scientific's Operating Expenses stood at $41.6 million in 2022, then fell by 2.99% to $40.3 million in 2023, then dropped by 25.46% to $30.1 million in 2024, then tumbled by 138.69% to -$11.6 million in 2025, then surged by 485.71% to $44.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $44.8 million, -$11.6 million, and $69.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn 10.85 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn 11.73 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 979.89 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 517.59 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 1.57 Bn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 2.22 Bn
10 Core Scientific - - 30.11 Mn 44.85 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 44.85 Mn
Dec 31, 2025 -11.63 Mn
Sep 30, 2025 69.35 Mn
Jun 30, 2025 56.94 Mn
Mar 31, 2025 32.29 Mn
Dec 31, 2024 30.05 Mn
Sep 30, 2024 43.19 Mn
Jun 30, 2024 33.56 Mn
Mar 31, 2024 18.72 Mn
Dec 31, 2023 40.32 Mn
Sep 30, 2023 25.76 Mn
Jun 30, 2023 26.04 Mn
Mar 31, 2023 23.18 Mn
Dec 31, 2022 41.56 Mn
Sep 30, 2022 49.54 Mn
Jun 30, 2022 105.65 Mn
Mar 31, 2022 44.90 Mn
Dec 31, 2021 16.95 Mn
Sep 30, 2021 37.94 Mn
Jun 30, 2021 8.26 Mn
Mar 31, 2021 5.54 Mn
Dec 31, 2020 10,400.00