Core Scientific Past Earnings Performance
Past criteria checks 0/6
Core Scientific's earnings have been declining at an average annual rate of -71.5%, while the IT industry saw earnings growing at 22.4% annually. Revenues have been growing at an average rate of 42.4% per year.
Key information
-71.5%
Earnings growth rate
-65.6%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 42.4% |
| Return on equity | n/a |
| Net Margin | -100.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Core Scientific: A Solid Bitcoin Mining Play
Oct 11Core Scientific: A Buy On Leading Bitcoin Production Numbers
Aug 11Core Scientific July bitcoin production rose 10.4% M/M with new deployments and multiple facilities
Aug 05Core Scientific signs $100M in committed equity facility for enhancing liquidity
Jul 21Why I'm Very Optimistic On Core Scientific's Future
Jun 10Robust Earnings May Not Tell The Whole Story For Core Scientific (NASDAQ:CORZ)
Apr 10
Revenue & 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 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.Q is currently unprofitable.
Growing Profit Margin: CORZ.Q is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CORZ.Q is unprofitable, and losses have increased over the past 5 years at a rate of 71.5% per year.
Accelerating Growth: Unable to compare CORZ.Q's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CORZ.Q is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (8%).
Return on Equity
High ROE: CORZ.Q's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.