Core Scientific Past Earnings Performance
Past criteria checks 0/6
Core Scientific's earnings have been declining at an average annual rate of -35%, while the IT industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 25.6% per year.
Key information
-35.0%
Earnings growth rate
-33.7%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 25.6% |
| Return on equity | n/a |
| Net Margin | -203.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Core Scientific, Inc.'s (NASDAQ:CORZ) P/S Is Still On The Mark Following 35% Share Price Bounce
Nov 08
Core Scientific: HPC Pivot Begins To Bear Fruit
Oct 16Market Participants Recognise Core Scientific, Inc.'s (NASDAQ:CORZ) Revenues Pushing Shares 27% Higher
Sep 14Core Scientific: Deserves Better As HPC Moves Into High Gear
Aug 13Core Scientific: HPC Deals And A Buyout Offer
Jun 04Core Scientific, Inc.'s (NASDAQ:CORZ) Revenues Are Not Doing Enough For Some Investors
Apr 24Revenue & Expenses Breakdown
How Core Scientific makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 558 | -1,133 | 118 | 9 |
| 30 Jun 24 | 575 | -831 | 100 | 8 |
| 31 Mar 24 | 561 | -35 | 93 | 8 |
| 31 Dec 23 | 502 | -246 | 101 | 7 |
| 30 Sep 23 | 482 | -486 | 111 | 8 |
| 30 Jun 23 | 531 | -879 | 131 | 12 |
| 31 Mar 23 | 568 | -1,681 | 205 | 25 |
| 31 Dec 22 | 640 | -2,146 | 224 | 27 |
| 30 Sep 22 | 821 | -1,651 | 200 | 28 |
| 30 Jun 22 | 771 | -1,233 | 194 | 23 |
| 31 Mar 22 | 683 | -426 | 102 | 10 |
| 31 Dec 21 | 544 | 47 | 65 | 8 |
| 30 Sep 21 | 266 | -16 | 53 | 5 |
| 30 Jun 21 | 163 | -1 | 20 | 5 |
| 31 Mar 21 | 94 | -6 | 16 | 5 |
| 31 Dec 20 | 60 | -23 | 16 | 5 |
| 31 Dec 19 | 60 | -12 | 17 | 5 |
Quality Earnings: CORZ is currently unprofitable.
Growing Profit Margin: CORZ is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CORZ is unprofitable, and losses have increased over the past 5 years at a rate of 35% per year.
Accelerating Growth: Unable to compare CORZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CORZ is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-5%).
Return on Equity
High ROE: CORZ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.