Core Scientific (CORZW) Research & Development (2021 - 2024)
Core Scientific (CORZW) posted Research & Development of $4.7 million for Q4 2024, up 50.14% sequentially from $3.2 million in Q3 2024, and up 152.19% YoY from $1.9 million in Q1 2024.
Core Scientific (CORZW) Research & Development (2021 - 2024) Analysis & Trends
Core Scientific has reported Research & Development for 4 years, with the latest figure at $4.7 million in Q4 2024.
- Quarterly Research & Development rose 152.19% year-over-year to $4.7 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $12.6 million (up 76.04% YoY) and the FY2024 annual result came in at $11.8 million, up 64.67% from the prior year.
- Research & Development rose to $4.7 million in Q4 2024 per CORZW's latest filing, from $3.2 million in the prior quarter.
- Over five years, Research & Development peaked at $14.8 million in Q2 2022 and troughed at $1.2 million in Q1 2021.
- A 4-year average of $3.4 million and a median of $2.5 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 928.04% in 2022, then tumbled 88.9% in 2023.
- Over 4 years, Research & Development stood at $3.4 million in 2021, then declined by 22.83% to $2.7 million in 2022, then fell by 29.39% to $1.9 million in 2023, then jumped by 152.19% to $4.7 million in 2024.
- According to Business Quant data, Research & Development over the past three periods registered $4.7 million, $3.2 million, and $3.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 4.01 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 339.50 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Core Scientific | 4.31 Bn | 2.37 Bn | 70.04 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 4.73 Mn |
| Sep 30, 2024 | 3.15 Mn |
| Jun 30, 2024 | 2.97 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 |