CORZCore Scientific
- Headquarters
- Dover, DE
- CEO
- Adam Taylor Sullivan
- Next results
- around Mar 1, 2027
All key numbers (34) From EDGAR
| EPS (ttm) | -0.33 | Sales (ttm) | 592.1M | Net income (ttm) | -108.4M | Sales growth | -37.5% | EPS growth | - | Sales Q/Q | +187% |
| Free cash flow | -1.3B | Gross margin | 41.2% | Oper. margin | -73.3% | Net margin | -18.3% | FCF margin | -223.0% | ROE | n/m |
| ROA | -1.8% | R&D / sales | - | Dividend | - | Debt/Eq | n/m | Curr. ratio | 0.67 | Cash | 803.9M |
| Op. cash flow (ttm) | 453.8M | EBITDA | -176.7M | EBITDA margin | -55.4% | Net debt | 3.5B | Quick ratio | 0.67 | Interest cover | -16.16 |
| Stock pay / sales | 30.8% | Shares out. | 322.2M | Shares Y/Y | +24.3% | Book / share | -3.39 | Cash / share | 2.49 | Sales / share | 1.84 |
| Asset turnover | 0.10 | Days sales out. | 1 | Sales 3Y CAGR | -20.7% | Sales 5Y CAGR | +39.5% |
Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.
Changes in the numbers
FY2025 against FY2024-
Revenue growth slowed to -37.5%+1.6% → -37.5% · Revenue FY2025 / revenue FY2024 − 1, against the same a year earlier · 10-K ↗
-
Operating margin narrowed to -77.0%-27.8% → -77.0% · Operating income / revenue · 10-K ↗
CORZ against Crypto peers
Ten years, side by side → · All 32 →Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How
Every dot is one of the 32 companies, the better end on the right. Hover a dot for the company.
| Company | Revenue (ttm) | Sales growth | Gross margin | Net margin | ROE | FCF margin | Debt / equity |
|---|---|---|---|---|---|---|---|
| CORZ Core Scientific | $592.1M | -37.5% | 41.2% | -18.3% | - | -223.0% | - |
| MARA MARA Holdings | $716.0M | +38.2% | - | -411.2% | -125.1% | -170.1% | 1.28 |
| FIGR Figure Technology Solutions | $708.9M | +48.7% | - | 33.5% | 16.8% | - | 0.68 |
| CLSK CleanSpark | $679.2M | +102% | 55.2% | -146.9% | -131.1% | -91.3% | 2.34 |
| RIOT Riot Platforms | $675.7M | +71.9% | - | -210.8% | -66.7% | -133.3% | 0.31 |
| MSTR Strategy | $495.1M | +3.0% | 67.8% | - | -24.6% | -2.2% | 0.12 |
From $544.5M of sales to $47.3M of profit
FY2021, from the 10-K income statementSwipe sideways for the whole flow →
Band widths are the money. Gross profit is revenue less cost of revenue; operating expenses are gross profit less operating profit; R&D is from the income statement and the rest of the operating expenses is everything else; tax includes interest and other items when they are small. Y/Y is the change from the fiscal year before. The full income statement →
Profitability
1 of 3- ✓Net margin above the peer median-18.3% vs -169.8%
- !Gross margin down over 5 years15.6% → 11.9%
- !A profit in 1 of 6 years
Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.
Revenue and net income, FY2020 to FY2025
Revenue 319.0M Net income -288.6MFrom XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →
CORZ's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.
Income statement
From EDGAR| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|
| Revenue | 60.3M | 544.5M | 640.3M | 502.4M | 510.7M | 319.0M |
| Cost of revenue | 50.9M | 305.6M | 631.9M | 378.9M | 389.6M | 281.1M |
| Gross profit | 9.4M | 238.9M | 8.4M | 123.5M | 121.1M | 37.9M |
| R&D | 5.3M | 7.7M | 27.0M | 7.2M | 11.8M | - |
| SG&A | 14.6M | 60.5M | 213.3M | 108.1M | 113.7M | 159.2M |
| Operating income | -6.3M | 131.5M | -2.1B | 9.0M | -142.1M | -245.6M |
| Interest expense | 2.9M | 38.2M | 86.0M | 4.7M | 28.8M | 15.2M |
| Pretax income | -12.2M | 63.1M | -2.2B | -245.8M | -1.4B | -288.0M |
| Income tax | 0 | 15.8M | -17.1M | 683K | 859K | 583K |
| Net income | -12.2M | 47.3M | -2.1B | -246.5M | -1.4B | -288.6M |
| EPS (diluted) | -0.14 | 0.20 | -6.30 | -0.65 | -4.87 | -0.88 |
| Diluted shares | 157.6M | 233.3M | 340.6M | 379.9M | 255.8M | 318.1M |
| Depreciation & amortization | 9.4M | 33.4M | 225.3M | 96.0M | 113.2M | 68.9M |
| EBITDA | 3.1M | 164.9M | -1.9B | 105.0M | -28.9M | -176.7M |
| Gross margin | 15.6% | 43.9% | 1.3% | 24.6% | 23.7% | 11.9% |
| Operating margin | -10.5% | 24.2% | -329.5% | 1.8% | -27.8% | -77.0% |
| Net margin | -20.2% | 8.7% | -335.2% | -49.1% | -281.6% | -90.5% |
| Revenue growth | - | +803% | +17.6% | -21.5% | +1.6% | -37.5% |
| EPS growth | - | - | -3250% | - | - | - |
Balance sheet
From EDGAR| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|
| Cash | 8.7M | 117.9M | 15.9M | 50.4M | 836.2M | 311.4M |
| Receivables | - | 1.4M | 234K | 1.0M | 1.0M | - |
| Current assets | - | 756.6M | 85.1M | 97.0M | 904.0M | 895.5M |
| Property & equipment | - | - | - | - | 433.5M | 1.3B |
| Goodwill | - | 1.1B | 0 | 0 | - | - |
| Total assets | 15K | 2.4B | 807.7M | 712.2M | 1.5B | 2.3B |
| Accounts payable | - | 11.6M | 53.6M | 154.8M | 19.3M | 126.1M |
| Current liabilities | 400 | 320.3M | 186.8M | 488.4M | 134.6M | 781.4M |
| Total debt | - | 728.2M | 36.2M | 808.4M | 1.1B | 1.1B |
| Total liabilities | 400 | 1.1B | 1.2B | 1.3B | 2.4B | 3.3B |
| Shareholders' equity | 0 | 1.3B | -409.3M | -596.9M | -943.0M | -962.7M |
| Retained earnings | -10K | -27.4M | -2.2B | -2.4B | -3.9B | -4.1B |
Cash flow
From EDGAR| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|
| Operating cash flow | -23.8M | -56.7M | 205.2M | 65.1M | 42.9M | 278.2M |
| Capital spending | 0 | 0 | 384.0M | 16.2M | 95.0M | 729.0M |
| Free cash flow | -23.8M | -56.7M | -178.8M | 49.0M | -52.1M | -450.8M |
| Stock-based pay (added back) | 3.0M | 38.9M | 182.9M | 58.9M | 51.9M | 98.2M |
| Buybacks | - | - | 31.6M | 0 | 0 | - |
| Debt raised | 45.2M | 670.8M | 261.3M | 0 | 0 | - |
| Debt repaid | 5.3M | 49.3M | 113.3M | 41.0M | 304.8M | 8.6M |
| Investing cash flow | -15.1M | -423.8M | -590.8M | -3.0M | -95.2M | -740.8M |
| Financing cash flow | 40.7M | 603.5M | 306.2M | -44.6M | 819.6M | -63.1M |
Stock-based pay and leases
From EDGAR| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|
| Stock-based pay (expense) | 3.0M | 38.9M | 182.9M | 58.9M | 51.9M | 98.2M |
| Stock-based pay / revenue | 5.0% | 7.2% | 28.6% | 11.7% | 10.2% | 30.8% |
| Operating lease cost | - | - | 1.9M | 1.0M | - | - |
| Operating lease cash paid | - | - | 726K | 956K | 16.3M | 17.0M |
| Finance lease principal paid | 1.8M | 7.8M | 30.3M | 3.7M | 6.0M | 1.7M |
| Right-of-use assets | - | 6.7M | 20.4M | 7.8M | 114.5M | 108.5M |
| Operating lease liabilities | - | 1.4M | 1.5M | 1.6M | 107.8M | 101.4M |
| Finance lease liabilities | - | - | 0 | 55.5M | 1.7M | 844K |
From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.
Work on CORZ in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/CORZ/export.csv") into a cell.