Core Scientific (CORZ) Revenue & Revenue Breakdown


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Core Scientific Revenue Highlights


Latest Revenue (Y)

$510.67M

Latest Revenue (Q)

$95.35M

Core Scientific Revenue by Period


Core Scientific Revenue by Year

DateRevenueChange
2024-12-31$510.67M1.65%
2023-12-31$502.40M-21.54%
2022-12-31$640.31M17.60%
2021-12-31$544.48M802.66%
2020-12-31$60.32M1.34%
2019-12-31$59.52M-

Core Scientific generated $510.67M in revenue during NA 2024, up 1.65% compared to the previous quarter, and up 857.94% compared to the same period a year ago.

Core Scientific Revenue by Quarter

DateRevenueChange
2024-09-30$95.35M-32.42%
2024-06-30$141.10M-21.30%
2024-03-31$179.29M26.32%
2023-12-31$141.93M25.71%
2023-09-30$112.90M-11.04%
2023-06-30$126.91M5.19%
2023-03-31$120.66M-0.49%
2022-12-31$121.25M-25.42%
2022-09-30$162.57M-0.85%
2022-06-30$163.97M-14.83%
2022-03-31$192.52M100.00%
2021-12-31-100.00%
2021-09-30--

Core Scientific generated $95.35M in revenue during Q3 2024, up -32.42% compared to the previous quarter, and up 75.13% compared to the same period a year ago.

Core Scientific Revenue Breakdown


Core Scientific Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 22
Equipment Sales-$67.11M
Hosting Service, Customers-$130.23M
Digital Asset Mining Service-$397.80M
Hosting Service, Related Parties-$29.45M
Equipment Sales, Related Parties-$71.44M
Hosting Service-$169.72M
Equipment Sales, Customers-$11.39M

Quarterly Revenue by Product

Product/ServiceMar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Hosting Service$20.08M$24.88M$23.11M$18.83M$49.87M$43.64M$31.23M-
Digital Asset Mining Service$149.96M$83.06M$98.03M$74.46M$80.50M$109.84M$133.00M-
Equipment Sales----$3.12M$27.92M$13.54M$22.54M
Equipment Sales, Customers-----$7.47M$3.51M$416.00K
Equipment Sales, Related Parties----$4.17M$29.69M$11.69M$25.89M
Hosting Service, Customers---$18.91M$35.83M$35.73M$31.34M$27.34M
Hosting Service, Related Parties---$3.72M$6.79M$9.19M$7.60M$5.88M

Core Scientific's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Digital Asset Mining Service (88.19%), and Hosting Service (11.81%).

CORZ Revenue FAQ


What is Core Scientific’s yearly revenue?

Core Scientific's yearly revenue for 2024 was $510.67M, representing an increase of 1.65% compared to 2023. The company's yearly revenue for 2023 was $502.4M, representing a decrease of -21.54% compared to 2022. CORZ's yearly revenue for 2022 was $640.31M, representing an increase of 17.60% compared to 2021.

What is Core Scientific’s quarterly revenue?

Core Scientific's quarterly revenue for Q3 2024 was $95.35M, a -32.42% decrease from the previous quarter (Q2 2024), and a -15.54% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $141.1M, a -21.30% decrease from the previous quarter (Q1 2024), and a 11.18% increase year-over-year (Q2 2023). CORZ's quarterly revenue for Q1 2024 was $179.29M, a 26.32% increase from the previous quarter (Q4 2023), and a 48.60% increase year-over-year (Q1 2023).

What is Core Scientific’s revenue growth rate?

Core Scientific's revenue growth rate for the last 3 years (2022-2024) was -20.25%, and for the last 5 years (2020-2024) was 746.60%.