CORZ Q3 2023 Earnings — Core Scientific, Inc. Revenue & Financial Results | Market Cap Arena

CORZCore Scientific, Inc.

$5B

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$113M-30.6% YoY

Gross Profit

$15M13.7% margin

Operating Income

-$12M-10.7% margin

Net Income

-$41M-36.4% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-11.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$705M

Total Liabilities

$1.1B

Stockholders' Equity

-$419M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$113M	$163M	-30.6%
Gross Profit	$15M	-$27M	+156.9%
Operating Income	-$12M	-$401M	+97.0%
Net Income	-$41M	-$435M	+90.5%

Revenue Segments

Digital Asset Mining Service

$83M77%

Hosting Service

$25M23%