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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›CORZ›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Core Scientific, Inc./tx (CORZ) financials

Income statement

Core Scientific, Inc./tx (CORZ) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$60.3M$544M$640M$502M$511M$319M
Revenue growth—802.7%17.6%-21.5%1.6%-37.5%
Gross profit$9.39M$239M$8.40M$123M$121M$37.9M
Gross margin15.6%43.9%1.3%24.6%23.7%11.9%
Operating income-$6.33M$131M-$2.11B$8.96M-$142M-$246M
Operating margin-10.5%24.2%-329.5%1.8%-27.8%-77.0%
Net income-$12.2M$47.3M-$2.15B-$246M-$1.44B-$289M
Net margin-20.2%8.7%-335.2%-49.1%-281.6%-90.5%
EPS (diluted)-$0.14$0.20-$6.30-$0.65-$4.87-$0.88

Cash flow

Core Scientific, Inc./tx (CORZ) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$23.8M-$56.7M$205M$65.1M$42.9M$278M
Capital expenditures$0.00$0.00$384M$16.2M$95.0M$729M
Free cash flow-$23.8M-$56.7M-$179M$49.0M-$52.1M-$451M
Share buybacks——$31.6M$0.00$0.00—

Balance sheet

Core Scientific, Inc./tx (CORZ) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$8.72M$118M$15.9M$50.4M$836M$311M
Total assets$15.0K$2.44B$808M$712M$1.48B$2.35B
Total liabilities$400.00$1.05B$1.22B$1.31B$2.42B$3.31B
Shareholders' equity$89.2M$1.34B-$409M-$597M-$943M-$963M
Retained earnings-$10.4K-$27.4M-$2.17B-$2.42B-$3.86B-$4.15B
Shares (wtd avg diluted)158M233M341M380M256M318M

Every figure is extracted from Core Scientific, Inc./tx’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Core Scientific, Inc./tx's annual revenue?
Core Scientific, Inc./tx (CORZ) reported $319M of revenue for fiscal year 2025 — down 37.5% from $511M in FY2024, per its annual report filed with the SEC.
Is Core Scientific, Inc./tx profitable?
Not in FY2025 — CORZ reported a net loss of $289M, per SEC filings.
What is Core Scientific, Inc./tx's free cash flow?
-$451M in FY2025 (operating cash flow $278M minus $729M of capital expenditures), from the SEC cash-flow statement.
Does CORZ pay a dividend?
Core Scientific, Inc./tx reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full CORZ analysis — verdict, score & filings →Is CORZ a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.