Core Scientific, Inc. (CORZ) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
CORZ's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
CORZ Revenue Analysis (2019–2024)
As of March 2, 2026, Core Scientific, Inc. (CORZ) generated trailing twelve-month (TTM) revenue of $334.2 million, reflecting significant decline in growth of -14.9% year-over-year. The most recent quarter (Q3 2025) recorded $81.1 million in revenue, up 3.1% sequentially.
Looking at the longer-term picture, CORZ's 5-year compound annual growth rate (CAGR) stands at +53.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $640.3 million in 2022.
Revenue diversification analysis shows CORZ's business is primarily driven by Equipment Sales (0%).
When compared to Technology sector peers including MSFT (+16.7% YoY), ORCL (+11.1% YoY), and CRWV (+213.6% YoY), CORZ has underperformed the peer group in terms of revenue growth. Compare CORZ vs MSFT →
Peer Comparison
Compare CORZ's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CORZCurrent | $334M | -14.9% | +53.7% | -3.8% | |
| MSFT | $281.7B | +16.7% | +14.5% | 45.6% | |
| ORCL | $57.4B | +11.1% | +8.0% | 30.8% | |
| CRWV | $5.1B | +213.6% | - | -0.9% | |
| NTNX | $2.5B | +15.9% | +14.2% | 6.8% | |
| DOCN | $901M | +15.5% | +23.1% | 17.4% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $510.7M | +1.6% | $121.1M | 23.7% | $-19,196,000 | -3.8% |
| 2023 | $502.4M | -21.5% | $123.5M | 24.6% | $9.0M | 1.8% |
| 2022 | $640.3M | +17.6% | $8.4M | 1.3% | $-2,109,553,000 | -329.5% |
| 2021 | $544.5M | +802.7% | $238.9M | 43.9% | $166.6M | 30.6% |
| 2020 | $60.3M | +1.3% | $9.4M | 15.6% | $-6,327,000 | -10.5% |
| 2019 | $59.5M | - | $10.5M | 17.7% | $-11,687,000 | -19.6% |
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Start ComparisonFrequently Asked Questions
Is CORZ's revenue growth accelerating or slowing?
CORZ revenue declined -14.9% year-over-year, contrasting with the 5-year CAGR of +53.7%. TTM revenue fell to $334M. This reverses the prior growth trend.
What is CORZ's long-term revenue growth rate?
Core Scientific, Inc.'s 5-year revenue CAGR of +53.7% reflects the variable expansion pattern. Current YoY growth of -14.9% is below this long-term average.
How is CORZ's revenue distributed by segment?
CORZ reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.