Last 17 quarters of trend data · Technology · Software - Infrastructure
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -3.30 | — | — | 1.45 | — | — | — | 1.18 | — | — | — | — | — |
| — | — | — | +22.7% | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 10.25 | 17.62 | 17.26 | 8.27 | 11.33 | 9.09 | 4.74 | 1.39 | — | — | — | — | — |
| — | +93.7% | +264.3% | +492.9% | — | — | — | — | — | — | — | — | — | |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 55.45 | — | — | — | — | — | 21.02 | 4.58 | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | 116.74 | 1.73 | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Core Scientific, Inc.'s operating margin was -80.7% in Q3 2025, down 47.3 pp QoQ and down 37.5 pp YoY. The trailing four-quarter average of -52.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 2945.8% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.7% | 4.7% | 6.4% | 10.3% | 5.0% | -0.2% | 27.5% | 43.3% | 27.7% | 13.7% | 29.1% | 26.3% | -39.0% |
| — | +2945.8% | -76.8% | -76.2% | -81.9% | -101.2% | -5.5% | +64.4% | +171.1% | +182.0% | +275.5% | -27.6% | -183.2% | |
| Operating Margin | -3.8% | -80.7% | -33.4% | -53.6% | -41.9% | -43.2% | 4.7% | 30.8% | 2.8% | -10.7% | 7.5% | 6.3% | -524.6% |
| — | -86.7% | -816.9% | -273.9% | -1612.0% | -305.2% | -37.5% | +388.9% | +100.5% | +95.7% | +101.2% | +145.4% | -1392.0% | |
| Net Margin | -257.5% | -180.8% | -1191.4% | 730.2% | -279.7% | -477.4% | -570.4% | 117.5% | -137.9% | -36.4% | -7.3% | -0.3% | -358.6% |
| — | +62.1% | -108.9% | +521.4% | -102.9% | -1210.1% | -7718.0% | +36640.2% | +61.6% | +86.4% | +98.5% | +99.9% | -1888.8% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| ROA | -113.8% | -6.9% | -52.0% | 36.0% | -21.1% | -54.1% | -102.2% | 27.6% | -27.6% | -5.7% | -1.2% | -0.0% | -39.3% |
| — | +87.3% | +49.1% | +30.5% | +23.7% | -857.2% | -8235.9% | +55880.4% | +29.8% | +78.9% | +96.6% | +99.7% | -1577.0% | |
| ROIC | — | — | — | -10.2% | — | — | — | 18.1% | 1.0% | -2.4% | 33.1% | 11.9% | -135.0% |
| — | — | — | -156.0% | — | — | — | +51.6% | +100.7% | +90.1% | +178.5% | +1390.3% | -2839.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 56.4% YoY to 1.58x, tightening the short-term liquidity position.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Debt / EBITDA | 11.89 | — | — | — | — | — | 16.32 | 7.72 | 24.82 | 69.62 | 0.97 | 33.67 | — |
| — | — | — | — | — | — | +1589.3% | -77.1% | — | — | — | -58.5% | — | |
| Current Ratio | 6.72 | 1.58 | 1.79 | 4.26 | 6.72 | 3.63 | 1.58 | 1.04 | 0.20 | 0.43 | 0.59 | 0.33 | 0.46 |
| — | -56.4% | +13.4% | +310.8% | +3282.1% | +742.8% | +165.4% | +212.9% | -56.4% | +160.1% | -40.1% | -83.0% | -80.7% | |
| Quick Ratio | 6.72 | 1.58 | 1.79 | 4.26 | 6.72 | 3.63 | 1.58 | 1.04 | 0.20 | 0.43 | 0.59 | 0.33 | 0.46 |
| — | -56.4% | +13.4% | +310.8% | +3282.1% | +742.8% | +165.4% | +212.9% | -56.4% | +160.1% | -40.1% | -83.0% | -80.7% | |
| Interest Coverage | -0.52 | — | — | — | -35.02 | -5.83 | 0.45 | 3.92 | 0.05 | -5.48 | — | 48.42 | -28.79 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 17 years · Updated daily
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Start ComparisonCore Scientific, Inc.'s current P/E is -3.3x. The average P/E over the last 1 quarters is 1.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Core Scientific, Inc.'s current operating margin is -3.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Core Scientific, Inc.'s business trajectory between earnings reports.