Core Scientific, Inc. (CORZ) is a Financials stock trading at $18.51 (as of 2026-08-20), with a market capitalization of $5.95B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services. The company mines digital assets for its own account and provides hosting colocation services for other large-scale miners. It operates in two segments, Equipment Sales and Hosting. The company owns and operates computer equipment that is used to process transactions conducted on one or more blockchain networks in exchange for transaction processing fees rewarded in digital currency assets, commonly referred to as mining; and datacenter facilities to provide colocation and hosting services for distributed ledger technology, also commonly known as blockchain. It also develops blockchain-based platforms and applications, including infrastructure management, security technologies, mining optimization, and recordkeeping. The company is headquartered in Austin, Texas. On December 21, 2022, Core Scientific, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
Core Scientific operates facilities for digital asset mining and colocation services in North America, it makes money by mining digital assets with its own computer equipment and by providing hosting colocation for other miners.
Because the company earns revenue from blockchain transaction processing tied to the computer equipment it owns and operates (self-mining) and from hosting other miners’ capacity, profitability largely depends on how much billable and energized capacity it can deliver and keep earning against, relative to its cost of revenue.
| Equipment Sales | $0.0B |
| Hosting | $0.1B |
Business quality (Solid): The business model is clearly centered on mining and hosting capacity, but the latest quarter shows a very weak operating outcome (operating margin of -269.4%), so investors will need to focus on whether capacity delivery and billings translate into durable operating profitability.
| Price | $18.51 |
| Market Cap | $5.95B |
| Price / Sales | 13.51 |
| FCF Yield | -16.1% |
| Revenue (TTM) | $319.02M |
| Net Margin | -90.5% |
| Revenue Growth (YoY) | 108.8% |
| EPS Growth (YoY) | 8200.0% |
| FCF Growth (YoY) | 569.1% |
| Altman Z-Score | -1.57 (distress) |
| Sector P/E (Financials) | 15.1 |
| Industry P/E (Banking) | 12.9 |
| Top Institutional Holder | VANGUARD GROUP INC ($494.46M) |
| Institutional Holders Tracked | 10 |
| Sector | Financials |
| Industry | Banking |
| CEO | Todd Duchene |
| Employees | 325 |
| Country | US |
| IPO Date | 2024-01-24 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.