Growth Metrics

Core Scientific (CORZZ) Cost of Revenue (2021 - 2026)

Core Scientific recorded quarterly Cost of Revenue of $85.1 million in Q1 2026, up 44.28% quarter-over-quarter from $59.0 million in Q4 2025, and up 19.39% year-over-year from $71.3 million in Q1 2025.

Core Scientific's Cost of Revenue history runs 6 years deep, the most recent figure standing at $85.1 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 19.39% year-over-year to $85.1 million; the TTM figure through Mar 2026 stood at $294.9 million (down 17.9% YoY), while the FY2025 annual figure was $281.1 million, down 27.84% from the prior year.
  • Cost of Revenue came in at $85.1 million for Q1 2026 at Core Scientific, up from $59.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $375.8 million in Q4 2023 to a low of -$450.7 million in Q4 2022.
  • A 5-year average of $57.3 million and a median of $77.2 million in 2025 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue plunged 219.34% in 2022 and jumped 9335.89% in 2024, its largest moves.
  • Core Scientific's Cost of Revenue stood at -$450.7 million in 2022, then surged by 183.39% to $375.8 million in 2023, then tumbled by 76.01% to $90.2 million in 2024, then slumped by 34.55% to $59.0 million in 2025, then soared by 44.28% to $85.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $85.1 million, $59.0 million, and $77.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn 6.81 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn 2.05 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn 215.80 Mn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn 823.00 Mn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 463.58 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn 636.30 Mn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 184.16 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 396.38 Mn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 69.00 Mn
10 Core Scientific - - 30.11 Mn 85.14 Mn

Historic Data

Download Data 🔒
DateValue
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
Dec 31, 2023 375.81 Mn
Dec 31, 2023 375.81 Mn
Sep 30, 2023 1.04 Mn
Sep 30, 2023 1.04 Mn
Jun 30, 2023 1.08 Mn
Jun 30, 2023 1.08 Mn
Mar 31, 2023 88.87 Mn
Mar 31, 2023 88.87 Mn
Dec 31, 2022 -450.69 Mn
Dec 31, 2022 -450.69 Mn
Sep 30, 2022 189.65 Mn
Sep 30, 2022 189.65 Mn
Jun 30, 2022 10.24 Mn
Jun 30, 2022 10.24 Mn
Mar 31, 2022 1.40 Mn
Mar 31, 2022 1.40 Mn
Dec 31, 2021 -141.13 Mn
Dec 31, 2021 -141.13 Mn
Sep 30, 2021 54.72 Mn
Sep 30, 2021 54.72 Mn
Jun 30, 2021 50.77 Mn
Jun 30, 2021 50.77 Mn
Mar 31, 2021 39.71 Mn
Mar 31, 2021 39.71 Mn