CORZ Q3 2022 Earnings — Core Scientific, Inc. Revenue & Financial Results | Market Cap Arena

CORZCore Scientific, Inc.

$5B

Q3 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$163M+43.7% YoY

Gross Profit

-$27M-16.7% margin

Operating Income

-$401M-246.9% margin

Net Income

-$435M-267.4% margin

EPS (Diluted)

$-1.23

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

-$52M

Free Cash Flow

-$57M

Stock-Based Comp.

$30M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.3B

Stockholders' Equity

$73M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$163M	$113M	+43.7%
Gross Profit	-$27M	$58M	-146.3%
Operating Income	-$401M	$20M	-2153.3%
Net Income	-$435M	-$17M	-2514.7%

Revenue Segments

Digital Asset Mining Service

$80M42%

Hosting Service, Customers

$36M19%

Equipment Sales, Related Parties

$30M16%

Equipment Sales

$28M15%

Hosting Service, Related Parties

$9M5%

Equipment Sales, Customers

$7M4%