Core Scientific (CORZZ) Operating Expenses (2020 - 2026)

Core Scientific's (CORZZ) quarterly Operating Expenses came in at $44.8 million in Q1 2026, up 38.9% year-on-year from $32.3 million in Q1 2025, and up 485.71% quarter-over-quarter from -$11.6 million in Q4 2025.

Core Scientific (CORZZ) Operating Expenses (2020 - 2026) Analysis & Trends

Core Scientific has disclosed Operating Expenses across 7 years of filings, most recently posting $44.8 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $44.8 million, up 38.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $159.5 million (up 14.69% YoY), and the FY2025 annual result was $159.2 million, up 26.85% from the prior year.
  • Operating Expenses came in at $44.8 million for Q1 2026 at Core Scientific, up from -$11.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $105.6 million in Q2 2022 to a low of -$11.6 million in Q4 2025.
  • The 5-year median for Operating Expenses is $40.3 million (2023), against an average of $39.7 million.
  • Across the five-year window, Operating Expenses soared 1179.17% in 2022 and slumped 138.69% in 2025, its largest moves.
  • Core Scientific's Operating Expenses stood at $41.6 million in 2022, then declined by 2.99% to $40.3 million in 2023, then slipped by 25.46% to $30.1 million in 2024, then plunged by 138.69% to -$11.6 million in 2025, then jumped by 485.71% to $44.8 million in 2026.
  • The last three Operating Expenses figures came in at $44.8 million (Q1 2026), -$11.6 million (Q4 2025), and $69.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 6.42 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 979.89 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 905.10 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 517.59 Mn
10 Core Scientific - - 30.11 Mn 44.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 44.85 Mn
Dec 31, 2025 -11.63 Mn
Sep 30, 2025 69.35 Mn
Jun 30, 2025 56.94 Mn
Mar 31, 2025 32.29 Mn
Dec 31, 2024 30.05 Mn
Sep 30, 2024 43.19 Mn
Jun 30, 2024 33.56 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
Jun 30, 2021 8.26 Mn