CORZ Q2 2023 Earnings — Core Scientific, Inc. Revenue & Financial Results | Market Cap Arena

CORZCore Scientific, Inc.

$5B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$127M-22.6% YoY

Gross Profit

$37M29.1% margin

Operating Income

$9M7.5% margin

Net Income

-$9M-7.3% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$17M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$751M

Total Liabilities

$1.1B

Stockholders' Equity

-$392M

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$127M	$164M	-22.6%
Gross Profit	$37M	$13M	+190.6%
Operating Income	$9M	-$1.0B	+100.9%
Net Income	-$9M	-$810M	+98.9%

Revenue Segments

Hosting Service

$23M100%