Growth Metrics

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 🔒
DateValue
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