Financial Snapshot

Revenue
$557.7M
TTM
Gross Margin
24.59%
TTM
Net Earnings
-$1.245B
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
363.14%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$729.4M
Q3 2024
Cash
Q3 2024
P/E
-3.799
Nov 29, 2024 EST
Free Cash Flow
-$27.05M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $502.4M $640.3M $544.5M $60.32M $59.52M
YoY Change -21.54% 17.6% 802.66% 1.34%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $502.4M $640.3M $544.5M $60.32M $59.52M
Cost Of Revenue $378.9M $631.9M $305.6M $50.93M $49.00M
Gross Profit $123.5M $8.400M $238.9M $9.392M $10.53M
Gross Profit Margin 24.57% 1.31% 43.87% 15.57% 17.69%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $100.9M $226.0M $63.07M $15.49M $17.41M
YoY Change -55.34% 258.37% 307.14% -11.04%
% of Gross Profit 81.75% 2690.61% 26.4% 164.93% 165.41%
Research & Development $7.184M $26.96M $7.674M $5.271M $5.480M
YoY Change -73.36% 251.34% 45.59% -3.81%
% of Gross Profit 5.82% 320.98% 3.21% 56.12% 52.06%
Depreciation & Amortization $96.00M $225.3M $33.36M $9.403M $6.118M
YoY Change -57.38% 575.2% 254.8% 53.69%
% of Gross Profit 77.76% 2681.65% 13.97% 100.12% 58.12%
Operating Expenses $108.1M $253.0M $72.34M $21.60M $23.02M
YoY Change -57.26% 249.7% 234.94% -6.18%
Operating Profit $8.961M -$2.110B $166.5M -$12.21M -$12.49M
YoY Change -100.42% -1366.83% -1464.26% -2.3%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$86.24M -$96.83M -$44.35M -$4.436M -$235.0K
YoY Change -10.94% 118.3% 899.86% 1787.66%
% of Operating Profit -962.37% -26.64%
Other Income/Expense, Net -$254.8M -$53.86M -$16.05M -$110.0K $0.00
YoY Change 373.05% 235.57% 14490.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$245.8M -$2.163B $63.08M -$12.21M -$11.92M
YoY Change -88.64% -3529.9% -616.75% 2.38%
Income Tax $683.0K -$17.09M $15.76M $0.00 $0.00
% Of Pretax Income 24.99%
Net Earnings -$246.5M -$2.146B $47.31M -$12.21M -$11.92M
YoY Change -88.52% -4636.52% -487.61% 2.38%
Net Earnings / Revenue -49.06% -335.2% 8.69% -20.24% -20.03%
Basic Earnings Per Share -$0.65 -$6.30 $0.23 -$0.14
Diluted Earnings Per Share -$0.65 -$6.30 $149.1K -$38.47K -$37.58K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $50.41M $15.88M $117.9M $8.671M $6.657M
YoY Change 217.36% -86.52% 1259.37% 30.25%
Cash & Equivalents $50.41M $15.88M $117.9M $8.671M $6.657M
Short-Term Investments
Other Short-Term Assets $45.61M $68.96M $637.0M $61.14M $4.219M
YoY Change -33.87% -89.17% 941.87% 1349.18%
Inventory
Prepaid Expenses
Receivables $1.001M $257.0K $1.682M $1.107M $177.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $97.02M $85.10M $756.6M $70.92M $11.05M
YoY Change 14.0% -88.75% 966.79% 541.63%
Property, Plant & Equipment $593.3M $711.6M $597.3M $85.24M $81.30M
YoY Change -16.62% 19.13% 600.7% 4.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.62M $9.316M $21.05M $4.499M $7.447M
YoY Change 110.58% -55.73% 367.77% -39.59%
Total Long-Term Assets $615.1M $722.6M $1.682B $154.7M $151.0M
YoY Change -14.87% -57.05% 987.76% 2.45%
Total Assets $712.2M $807.7M $2.439B $225.6M $162.0M
YoY Change
Accounts Payable $154.8M $53.64M $11.62M $3.057M $7.503M
YoY Change 188.49% 361.75% 280.01% -59.26%
Accrued Expenses $172.9M $17.08M $63.47M $2.581M $1.905M
YoY Change 912.58% -73.09% 2359.2% 35.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $144.1M $36.24M $104.4M $18.16M $2.219M
YoY Change 297.69% -65.3% 475.09% 718.48%
Total Short-Term Liabilities $488.4M $186.8M $320.3M $69.65M $19.47M
YoY Change 161.48% -41.68% 359.87% 257.68%
Long-Term Debt $719.8M $0.00 $714.4M $22.13M $5.275M
YoY Change -100.0% 3128.44% 319.47%
Other Long-Term Liabilities $100.8M $1.030B $18.53M $103.0K $1.412M
YoY Change -90.21% 5459.57% 17891.26% -92.71%
Total Long-Term Liabilities $820.7M $1.030B $732.9M $22.23M $6.687M
YoY Change -20.34% 40.57% 3196.85% 232.44%
Total Liabilities $1.309B $1.217B $1.053B $91.88M $26.16M
YoY Change 7.56% 15.56% 1046.29% 251.23%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 379.9M shares 340.6M shares 207.3M shares 157.6M shares
Diluted Shares Outstanding 379.9M shares 340.6M shares 233.3M shares 157.6M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.7305 Billion

About Core Scientific, Inc./tx

Core Scientific, Inc. engages in the business of operating a purpose-built facility for digital asset mining and provision of blockchain infrastructure, software solutions, and services. The company is headquartered in Austin, Texas and currently employs 286 full-time employees. The company went IPO on 2021-04-05. The firm operates dedicated, purpose-built facilities for digital asset mining. The company provides digital infrastructure, software solutions and services to its third-party customers. The company employs its own fleet of computers (miners) to earn bitcoin for its own account and provides hosting services for bitcoin mining and high-performance computing customers at its eight operational data centers in Georgia (two), Kentucky (one), North Carolina (one), North Dakota (one) and Texas (three). Its segments include Digital Asset Self-Mining, Digital Asset Hosted Mining and HPC Hosting. Digital Asset Self-Mining segment consists of digital asset mining for its own account. Digital Asset Hosted Mining segment consists of its digital infrastructure and third-party hosting services for digital asset mining. HPC Hosting segment consists of its hosting services for high-performance compute operations.

Industry: Finance Services Peers: Backblaze, Inc. BigCommerce Holdings, Inc. BRIGHTCOVE INC Cyxtera Technologies, Inc. Fastly, Inc. Edgio, Inc. Rackspace Technology, Inc. Snowflake Inc.