Digital infrastructure company providing bitcoin mining and high-performance computing capacity for blockchain and AI workloads.
Profile & Fundamentals
Core Scientific: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Core Scientific Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
Explore this pageJump to a Profile & Fundamentals section
Explore this research
Profile & Fundamentals contents
Jump directly to any section
Company and Market Context
Company Profile & Ownership
Core Scientific, Inc. provides infrastructure for high-density colocation services and digital asset mining in the United States. It operates through three segments: Colocation, Digital Asset Self-Mining, and Digital Asset Hosted Mining. The company offers space, power, cooling, facilities operations, security, and other services to third-party customers to support workloads for machine learning and artificial intelligence; deployment, monitoring, troubleshooting, optimization, and maintenance of its customers' digital asset mining equipment; and electrical power, repair, and other infrastructure services for its customers to operate, maintain, and mine digital assets. It is also involved in the deployment and operation of its fleet of miners within its digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks to receive digital assets in the form of bitcoin. It also deploys and operates its fleet of miners within its digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks; and provides hosting services for digital asset mining customers, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.
Company profile record
Core Scientific, Inc. Common Stock
Common Stock · Information Technology · Internet Services & Infrastructure
Company
- Company / asset
- Core Scientific, Inc. Common Stock
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Internet Services & Infrastructure
- HQ
- 🇺🇸 United States
- Head office
- 838 Walker Road, Dover, DE, United States, 19904
Leadership & scale
- Chief executive
- Mr. Adam Sullivan
- CEO year born
- 1992
- Full-time employees
- 325
- Fiscal year end
- September
- IPO date
- 2024-01-24
Fundamentals snapshot
- Market Cap
- USD 5.4B
- P/E
- --
- Revenue (Q2 26)
- USD 164.2M
- Profit (Q2 26)
- USD -1.2B
- Dividend Yield
- --
- Revenue (FY 25)
- USD 319.0M
- Shares in public float
- 287.5M
- Insider ownership
- 3.09%
Reporting & identifiers
- Symbol
- CORZ.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US21874A1060
- Asset ID
- equity_e0f8864a-b6fa-5577-9967-4fb9abd63006
Ownership
Shares Outstanding
Latest: 325.3M | Max: 385.1M | Min: 158.0M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
88.37%
287.5M latest reported shares
Insider Ownership
3.09%
Latest reported insider stake
Short Float
0.22%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2020-01-01 | 158,000,000 |
| 2021-01-01 | 271,576,000 |
| 2022-01-01 | 375,225,000 |
| 2023-01-01 | 385,074,000 |
| 2024-01-01 | 306,146,000 |
| 2025-01-01 | 318,315,000 |
| 2026-01-01 | 325,329,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| Situational Awareness LP | 26,008,473 | 8.09% | 2026-06-30 |
| Situational Awareness Partners LP | 26,008,473 | 8.09% | 2026-03-31 |
| UBS Group AG | 25,533,940 | 7.95% | 2026-03-31 |
| BlackRock Inc | 24,629,871 | 7.66% | 2026-03-31 |
| Jericho Capital Asset Management LP | 22,882,942 | 7.12% | 2026-06-30 |
| Vanguard Portfolio Management, LLC | 18,614,536 | 5.79% | 2026-03-31 |
| Two Seas Capital LP | 16,151,833 | 5.03% | 2026-03-31 |
| Vanguard Capital Management, LLC | 13,364,889 | 4.16% | 2026-03-31 |
| Two Sigma Investments LLC | 10,275,907 | 3.2% | 2026-06-30 |
| Vanguard MStar Total Stk Mkt Idx Invest | 9,609,512 | 2.99% | 2026-08-31 |
| Oaktree Capital Management LLC | 9,350,708 | 2.91% | 2026-03-31 |
| Clearline Capital LP | 8,139,316 | 2.53% | 2026-03-31 |
| iShares Russell 2000 ETF | 8,040,761 | 2.5% | 2026-08-31 |
| Geode Capital Management, LLC | 7,803,681 | 2.43% | 2026-03-31 |
| Value Aligned Research Advisors LLC | 7,718,962 | 2.4% | 2026-03-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Core Scientific's latest financial reports tell two very different stories. On the surface, the company posted an alarming net loss of 1.16 billion dollars in the second quarter of 2026. However, that headline loss was almost entirely caused by non-cash accounting adjustments on post-bankruptcy warrants that rise in paper value when the stock price climbs. It does not represent actual cash leaving the business. Behind the accounting noise, real operational performance is improving rapidly. Quarterly revenue surged 109% year-over-year to 164.2 million dollars, driven by high-density data hosting replacing older crypto mining. As long-term contracts expand, steady rental receipts will gradually replace volatile mining revenues with dependable recurring cash.
Core Scientific's latest financial reports tell two very different stories. On the surface, the company posted an alarming net loss of 1.16 billion dollars in the second quarter of 2026. However, that headline loss was almost entirely caused by non-cash accounting adjustments on post-bankruptcy warrants that rise in paper value when the stock price climbs. It does not represent actual cash leaving the business. Behind the accounting noise, real operational performance is improving rapidly. Quarterly revenue surged 109% year-over-year to 164.2 million dollars, driven by high-density data hosting replacing older crypto mining. As long-term contracts expand, steady rental receipts will gradually replace volatile mining revenues with dependable recurring cash.
Revenue, Net Income, and Free Cash Flow
Latest: USD 319.0M | Max: USD 640.3M | Min: USD -2.1B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: --
No history available.
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability margins show a dramatic split between the company's dying past and its growing future. In the second quarter of 2026, old bitcoin self-mining operated at a terrible negative 56% gross margin. In contrast, the high-performance data hosting segment generated strong cash gross margins exceeding 65%, where customers directly cover their own power bills. This creates a powerful permanent improvement in corporate profitability. As unprofitable mining operations are completely shut down by the end of 2026, high-margin hosting rents will dominate the business. Over time, these predictable contracts will lift overall operating margins toward standard digital infrastructure levels.
Profitability margins show a dramatic split between the company's dying past and its growing future. In the second quarter of 2026, old bitcoin self-mining operated at a terrible negative 56% gross margin. In contrast, the high-performance data hosting segment generated strong cash gross margins exceeding 65%, where customers directly cover their own power bills. This creates a powerful permanent improvement in corporate profitability. As unprofitable mining operations are completely shut down by the end of 2026, high-margin hosting rents will dominate the business. Over time, these predictable contracts will lift overall operating margins toward standard digital infrastructure levels.
Profitability Margins
Latest: 11.9% | Max: 43.9% | Min: <-100.0%
Latest Profitability Ratios as of 2025-09-30
Gross Margin
11.9%
Gross profit / revenue
Operating Margin
-70.4%
Operating income / revenue
Net Margin
-90.5%
Net income / revenue
FCF Margin
-141.3%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2019-09-30 | 59,523,000 | -11,922,000 | -38,244,000 |
| 2020-09-30 | 60,320,000 | -12,206,000 | -25,333,000 |
| 2021-09-30 | 544,483,000 | 47,312,000 | -116,010,000 |
| 2022-09-30 | 640,313,000 | -2,146,318,000 | -396,470,000 |
| 2023-09-30 | 502,400,000 | -246,487,000 | 48,953,000 |
| 2024-09-30 | 510,672,000 | -1,315,005,000 | -52,065,000 |
| 2025-09-30 | 319,019,000 | -288,616,000 | -450,750,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
No reported records are available in this preview.
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2019-09-30 | 17.69 | -19.63 | -20.03 | -64.25 |
| 2020-09-30 | 15.57 | -10.49 | -20.24 | -42 |
| 2021-09-30 | 43.87 | 30.61 | 8.69 | -21.31 |
| 2022-09-30 | 1.31 | -38.2 | -335.2 | -61.92 |
| 2023-09-30 | 24.57 | 1.78 | -49.06 | 9.74 |
| 2024-09-30 | 23.71 | -3.76 | -257.5 | -10.2 |
| 2025-09-30 | 11.88 | -70.39 | -90.47 | -141.29 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
Complete Research Workspace
Unlock the complete Profile & Fundamentals
Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.