Core Scientific, Inc./tx

For the period ended Jun 30, 2026. Filed Jul 28, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Jul 28, 2026

CORZ$13.13+3.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations

(Unaudited, in thousands, except per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Revenue:
Colocation revenue	$136,669	$10,560	$214,208	$19,133
Digital asset self-mining revenue	21,535	62,424	51,640	129,603
Digital asset hosted mining revenue from customers	5,997	5,644	13,597	9,417
Total revenue	164,201	78,628	279,445	158,153
Cost of revenue:
Cost of colocation services	56,686	9,430	90,304	17,536
Cost of digital asset self-mining	33,700	59,589	80,889	120,759
Cost of digital asset hosted mining services	3,771	4,584	8,102	6,620
Total cost of revenue	94,157	73,603	179,295	144,915
Gross profit	70,044	5,025	100,150	13,238
Loss (gain) on fair value of digital assets	9,368	(29,797)	15,926	(19,109)
Loss on disposal of property, plant and equipment	1,273	4,166	14,911	4,172
Loss on remeasurement of assets held for sale	19,495	—	19,495	—
Impairment of property, plant and equipment	—	—	266,488	—
Loss on contract termination	41,948	—	41,948	—
Colocation organizational and site startup costs	27,039	11,655	35,704	23,322
Selling, general and administrative	49,389	45,285	94,568	78,175
Operating loss	(78,468)	(26,284)	(388,890)	(73,322)
Non-operating expenses (income), net:
Loss on debt extinguishment	5,435	1,377	5,435	1,377
Interest expense (income), net	23,833	(1,185)	28,690	(3,372)
Change in fair value of warrants and contingent value rights	1,045,515	909,958	1,076,314	288,494
Other non-operating expense, net	152	207	662	364
Total non-operating expense, net	1,074,935	910,357	1,111,101	286,863
Loss before income taxes	(1,153,403)	(936,641)	(1,499,991)	(360,185)
Income tax expense	1,907	158	2,507	363
Net loss	$(1,155,310)	$(936,799)	$(1,502,498)	$(360,548)
Net loss per share, basic and diluted	$(3.32)	$(0.04)	$(4.39)	$(0.23)
Weighted average shares outstanding, basic and diluted	325,329	317,985	324,128	316,593

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.