Core Scientific (CORZ) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
510.7M
Gross Profit
121.1M
23.71%
Operating Income
-12.2M
-2.39%
Net Income
-1.3B
-257.50%
EPS (Diluted)
-$4.39
Balance Sheet Metrics
Total Assets
1.6B
Total Liabilities
2.4B
Shareholders Equity
-820.2M
Cash Flow Metrics
Operating Cash Flow
-1.4B
Free Cash Flow
-52.3M
Revenue & Profitability Trend
Core Scientific Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 510.7M | 502.4M | 640.3M | 544.5M | 60.3M |
| Cost of Goods Sold | 389.6M | 378.9M | 631.9M | 305.6M | 50.9M |
| Gross Profit | 121.1M | 123.5M | 8.4M | 238.9M | 9.4M |
| Operating Expenses | 133.3M | 108.1M | 253.0M | 72.2M | 21.6M |
| Operating Income | -12.2M | 15.3M | -244.6M | 166.6M | -12.2M |
| Pre-tax Income | -1.3B | -245.8M | -2.2B | 63.1M | -12.2M |
| Income Tax | 859.0K | 683.0K | -17.1M | 15.8M | 0 |
| Net Income | -1.3B | -246.5M | -2.1B | 47.3M | -12.2M |
| EPS (Diluted) | -$4.39 | -$0.65 | -$6.30 | $0.15 | -$0.06 |
Income Statement Trend
Core Scientific Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 904.0M | 97.0M | 85.1M | 756.6M | 70.9M |
| Non-Current Assets | 694.9M | 615.1M | 722.6M | 1.7B | 154.7M |
| Total Assets | 1.6B | 712.2M | 807.7M | 2.4B | 225.6M |
| Liabilities | |||||
| Current Liabilities | 134.6M | 488.4M | 186.8M | 320.3M | 69.6M |
| Non-Current Liabilities | 2.3B | 820.7M | 1.0B | 777.4M | 66.7M |
| Total Liabilities | 2.4B | 1.3B | 1.2B | 1.1B | 136.4M |
| Equity | |||||
| Total Shareholders Equity | -820.2M | -596.9M | -409.3M | 1.3B | 89.2M |
Balance Sheet Composition
Core Scientific Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -1.3B | -246.5M | -2.1B | 47.3M | -12.2M |
| Operating Cash Flow | -1.4B | -30.8M | -1.8B | 120.2M | 29.7M |
| Investing Activities | |||||
| Capital Expenditures | -95.0M | -2.2M | -601.7M | 704.0K | -1.6M |
| Investing Cash Flow | -95.0M | -2.2M | -590.8M | -423.8M | -15.1M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 814.7M | -44.6M | 281.1M | 957.4M | 40.7M |
| Free Cash Flow | -52.3M | 48.1M | -396.5M | -56.7M | -25.3M |
Cash Flow Trend
Core Scientific Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-2.59
Forward P/E
38.26
Price to Book
-19.71
Price to Sales
8.60
PEG Ratio
38.26
Profitability Ratios
Profit Margin
-229.98%
Operating Margin
-53.56%
Return on Equity
160.33%
Return on Assets
-6.09%
Financial Health
Current Ratio
4.26
Debt to Equity
-6.58
Per Share Data
EPS (TTM)
-$3.92
Book Value per Share
-$0.61
Revenue per Share
$1.48
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| corz | 3.5B | -2.59 | -19.71 | 160.33% | -229.98% | -6.58 |
| Microsoft | 3.6T | 36.91 | 11.04 | 33.61% | 35.79% | 32.63 |
| Oracle | 581.5B | 47.60 | 28.42 | 82.38% | 21.68% | 505.59 |
| Wix.com | 9.0B | 64.23 | -52.79 | -175.57% | 8.16% | -5.71 |
| Shift4 Payments | 8.2B | 32.04 | 8.00 | 29.87% | 6.50% | 283.66 |
| Dropbox | 7.8B | 18.89 | -7.75 | -60.11% | 18.50% | -2.80 |
Financial data is updated regularly. All figures are in the company's reporting currency.