CORZ Q4 2022 Earnings — Core Scientific, Inc. Revenue & Financial Results | Market Cap Arena

CORZCore Scientific, Inc.

$5B

Q4 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$121M-59.8% YoY

Gross Profit

-$47M-39.0% margin

Operating Income

-$636M-524.6% margin

Net Income

-$435M-358.6% margin

EPS (Diluted)

$-1.16

QoQ Revenue Growth

-25.4%

Cash Flow

Operating Cash Flow

$116M

Free Cash Flow

-$24M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$808M

Total Liabilities

$1.2B

Stockholders' Equity

-$409M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$121M	$302M	-59.8%
Gross Profit	-$47M	$141M	-133.4%
Operating Income	-$636M	$123M	-619.1%
Net Income	-$435M	$61M	-818.7%

Revenue Segments

Digital Asset Mining Service

$74M43%

Hosting Service

$50M29%

Hosting Service, Customers

$36M21%

Hosting Service, Related Parties

$7M4%

Equipment Sales, Related Parties

$4M2%

Equipment Sales

$3M2%