Core Scientific (CORZZ) Research & Development (2021 - 2024)
Core Scientific recorded quarterly Research & Development of $5.0 million in Q4 2024, up 76.56% quarter-over-quarter from $2.8 million in Q3 2024, and up 167.38% year-over-year from $1.9 million in Q1 2024.
Core Scientific's Research & Development history runs 4 years deep, the most recent figure standing at $5.0 million for Q4 2024.
- In Q4 2024, Research & Development rose 167.38% year-over-year to $5.0 million; the TTM figure through Dec 2024 stood at $11.8 million (up 64.67% YoY), while the FY2024 annual figure was $11.8 million, up 64.67% from the prior year.
- Research & Development came in at $5.0 million for Q4 2024 at Core Scientific, up from $2.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $14.8 million in Q2 2022 to a low of $1.2 million in Q1 2021.
- A 4-year average of $3.4 million and a median of $2.2 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 928.04% in 2022 and slumped 88.9% in 2023, its largest moves.
- Core Scientific's Research & Development stood at $3.4 million in 2021, then dropped by 22.83% to $2.7 million in 2022, then declined by 29.39% to $1.9 million in 2023, then surged by 167.38% to $5.0 million in 2024.
- According to Business Quant data, Research & Development over the past three periods registered $5.0 million, $2.8 million, and $2.2 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 714.99 Mn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | - |
| 10 | Core Scientific | - | - | 30.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 5.02 Mn |
| Sep 30, 2024 | 2.84 Mn |
| Jun 30, 2024 | 2.17 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 |