Core Scientific (CORZW) Construction in Progress (2023 - 2025)
Core Scientific (CORZW) posted Construction in Progress of $657.0 million for Q3 2025, up 55.62% sequentially from $422.2 million in Q2 2025, and up 327.01% YoY from $153.9 million in Q3 2024.
Core Scientific (CORZW) Construction in Progress (2023 - 2025) Analysis & Trends
Core Scientific has reported Construction in Progress for 3 years, with the latest figure at $657.0 million in Q3 2025.
- Quarterly Construction in Progress rose 327.01% year-over-year to $657.0 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $657.0 million (up 327.01% YoY) and the FY2024 annual result came in at $112.0 million, down 39.12% from the prior year.
- Construction in Progress advanced to $657.0 million in Q3 2025 per CORZW's latest filing, from $422.2 million in the prior quarter.
- Over five years, Construction in Progress peaked at $657.0 million in Q3 2025 and troughed at $112.0 million in Q4 2024.
- A 3-year average of $291.7 million and a median of $202.7 million in 2023 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2024 and 2025: Construction in Progress tumbled 39.12% in 2024, then soared 327.01% in 2025.
- Over 3 years, Construction in Progress stood at $183.9 million in 2023, then sank by 39.12% to $112.0 million in 2024, then surged by 486.78% to $657.0 million in 2025.
- According to Business Quant data, Construction in Progress over the past three periods registered $657.0 million, $422.2 million, and $221.5 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | - |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 39.97 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | - |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | - |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | - |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | - |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | Core Scientific | 4.31 Bn | 2.37 Bn | 70.04 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 657.00 Mn |
| Jun 30, 2025 | 422.17 Mn |
| Mar 31, 2025 | 221.45 Mn |
| Dec 31, 2024 | 111.97 Mn |
| Sep 30, 2024 | 153.86 Mn |
| Dec 31, 2023 | 183.91 Mn |