CORZ Q2 2024 Earnings — Core Scientific, Inc. Revenue & Financial Results | Market Cap Arena

CORZCore Scientific, Inc.

$5B

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$141M+11.2% YoY

Gross Profit

$39M27.5% margin

Operating Income

$7M4.7% margin

Net Income

-$805M-570.4% margin

EPS (Diluted)

$-2.80

QoQ Revenue Growth

-21.3%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$2M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$761M

Total Liabilities

$1.8B

Stockholders' Equity

-$1.1B

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$141M	$127M	+11.2%
Gross Profit	$39M	$37M	+5.0%
Operating Income	$7M	$9M	-30.5%
Net Income	-$805M	-$9M	-8592.2%