Core Scientific (CORZW) Operating Expenses (2020 - 2026)
Core Scientific (CORZW) posted Operating Expenses of $49.4 million for Q2 2026, up 10.13% sequentially from $44.8 million in Q1 2026, and up 9.06% YoY from $45.3 million in Q2 2025.
Core Scientific (CORZW) Operating Expenses (2020 - 2026) Analysis & Trends
Core Scientific has reported Operating Expenses for 7 years, with the latest figure at $49.4 million in Q2 2026.
- Quarterly Operating Expenses rose 9.06% year-over-year to $49.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $152.0 million (up 0.75% YoY) and the FY2025 annual result came in at $159.2 million, up 26.85% from the prior year.
- Operating Expenses rose to $49.4 million in Q2 2026 per CORZW's latest filing, from $44.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $105.6 million in Q2 2022 and troughed at -$11.6 million in Q4 2025.
- A 5-year average of $39.6 million and a median of $40.9 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 1179.17% in 2022, then tumbled 139.06% in 2025.
- Over 5 years, Operating Expenses stood at $41.6 million in 2022, then retreated by 2.99% to $40.3 million in 2023, then retreated by 26.17% to $29.8 million in 2024, then sank by 139.06% to -$11.6 million in 2025, then surged by 524.78% to $49.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $49.4 million, $44.8 million, and -$11.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Core Scientific | 4.31 Bn | 2.37 Bn | 70.04 Mn | 49.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.39 Mn |
| Mar 31, 2026 | 44.85 Mn |
| Dec 31, 2025 | -11.63 Mn |
| Sep 30, 2025 | 69.35 Mn |
| Jun 30, 2025 | 45.29 Mn |
| Mar 31, 2025 | 32.29 Mn |
| Dec 31, 2024 | 29.77 Mn |
| Sep 30, 2024 | 43.50 Mn |
| Jun 30, 2024 | 34.35 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 |