Core Scientific (CORZW) Cost of Revenue (2021 - 2026)
Core Scientific (CORZW) posted Cost of Revenue of $94.2 million for Q2 2026, up 10.59% sequentially from $85.1 million in Q1 2026, and up 27.93% YoY from $73.6 million in Q2 2025.
Core Scientific (CORZW) Cost of Revenue (2021 - 2026) Analysis & Trends
Core Scientific has reported Cost of Revenue for 6 years, with the latest figure at $94.2 million in Q2 2026.
- Quarterly Cost of Revenue rose 27.93% year-over-year to $94.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $315.5 million (down 4.56% YoY) and the FY2025 annual result came in at $281.1 million, down 27.84% from the prior year.
- Cost of Revenue improved to $94.2 million in Q2 2026 per CORZW's latest filing, from $85.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $189.6 million in Q3 2022 and troughed at $59.0 million in Q4 2025.
- A 5-year average of $103.4 million and a median of $94.8 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 246.61% in 2022, then slumped 48.6% in 2023.
- Over 5 years, Cost of Revenue stood at $168.5 million in 2022, then sank by 39.09% to $102.6 million in 2023, then dropped by 12.15% to $90.2 million in 2024, then tumbled by 34.55% to $59.0 million in 2025, then jumped by 59.57% to $94.2 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $94.2 million, $85.1 million, and $59.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 296.87 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Core Scientific | 4.31 Bn | 2.37 Bn | 70.04 Mn | 94.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 94.16 Mn |
| Jun 30, 2026 | 94.16 Mn |
| Mar 31, 2026 | 85.14 Mn |
| Mar 31, 2026 | 85.14 Mn |
| Dec 31, 2025 | 59.01 Mn |
| Dec 31, 2025 | 59.01 Mn |
| Sep 30, 2025 | 77.20 Mn |
| Sep 30, 2025 | 77.20 Mn |
| Jun 30, 2025 | 73.60 Mn |
| Jun 30, 2025 | 73.60 Mn |
| Mar 31, 2025 | 71.31 Mn |
| Mar 31, 2025 | 71.31 Mn |
| Dec 31, 2024 | 90.16 Mn |
| Dec 31, 2024 | 90.16 Mn |
| Sep 30, 2024 | 95.51 Mn |
| Sep 30, 2024 | 95.51 Mn |
| Jun 30, 2024 | 102.29 Mn |
| Jun 30, 2024 | 102.29 Mn |
| Mar 31, 2024 | 101.65 Mn |
| Mar 31, 2024 | 101.65 Mn |