Core Scientific, Inc. income statement

In fiscal 2025, Core Scientific, Inc. reported revenue of $319m, down 37.5% on the year before, operating income of −$246m (a -77.0% margin) and net income of −$289m, or −$0.88 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Core Scientific, Inc.: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	60	544	640	502	511	319	440
Cost of revenue	51	306	632	379	390	281	316
Gross profit	9	239	8	123	121	38	125
Research and development	5	8	27	7	12	—	—
Selling, general and administrative	—	—	—	108	114	159	152
Selling and marketing	2	4	13	—	—	—	—
General and administrative	15	60	213	—	—	—	—
Operating income	−6	131	−2,110	9	−142	−246	−561
Income before tax	−12	63	−2,163	−246	−1,437	−288	−1,428
Income tax	0	16	−17	1	1	1	3
Net income	−12	47	−2,146	−246	−1,438	−289	−1,431
Diluted EPS	−$0.14	$0.20	−$6.30	−$0.65	−$4.87	−$0.88	−$4.62
Diluted shares (average)	158m	233m	341m	380m	256m	318m	310m
EBITDA	3	165	−1,884	105	−29	−177	−499

US$ millions unless shown otherwise. Fiscal quarters.

Core Scientific, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	95	95	80	79	81	80	115	164
Cost of revenue	96	90	71	74	77	59	85	94
Gross profit	−0	5	8	5	4	21	30	70
Research and development	3	5	—	—	—	—	—	—
Selling, general and administrative	40	25	32	45	69	−12	45	49
Operating income	−41	−65	−47	−26	−55	−117	−310	−78
Interest expense	—	—	5	5	—	—	8	41
Income before tax	−455	−291	576	−937	−144	216	−347	−1,153
Income tax	0	0	0	0	0	0	1	2
Net income	−455	−291	576	−937	−144	216	−347	−1,155
Diluted EPS	−$1.17	−$0.69	$1.24	−$0.04	−$0.45	$0.60	−$1.06	−$3.32
EBITDA	−13	−39	−27	−8	−38	−103	−294	−63

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Core Scientific, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Core Scientific, Inc.