Filing Flows › Core Scientific, Inc./tx (CORZ) › How it makes money
How Core Scientific, Inc./tx (CORZ) makes money
Core Scientific, Inc./tx (CORZ) made $233M of revenue in the third quarter 2026 (Q3 2026), +187% from a year earlier. Of every dollar of revenue, 53¢ was left as gross profit, 31¢ was left as operating profit, 506¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $233M | 100.0% |
| Cost of revenue | $110M | 47.1% |
| Gross profit | $123M | 52.9% |
| Operating expenses | $50.9M | 21.9% |
| Operating profit | $72.3M | 31.1% |
| Net earnings | $1.2B | 505.9% |
| Operating cash flow | $65.3M | 28.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $233M | +187% |
| Q2 2026 | $164M | +109% |
| Q1 2026 | $115M | +45% |
| Q4 2025 | $79.8M | -16% |
| Q3 2025 | $81.1M | -15% |
| Q2 2025 | $78.6M | -44% |
| Q1 2025 | $79.5M | -56% |
From Core Scientific, Inc./tx's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Core Scientific, Inc./tx make money?
Core Scientific, Inc./tx (CORZ) made $233M of revenue in the third quarter 2026 (Q3 2026), +187% from a year earlier. Of every dollar of revenue, 53¢ was left as gross profit, 31¢ was left as operating profit, 506¢ was left as net earnings.
What is Core Scientific, Inc./tx's profit margin?
Net earnings were $1.2B, 505.9% of revenue, in the third quarter 2026; the operating margin was 31.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.