Core Scientific annual operating expenses
2020
2021
2022
2023
2024
2025
Core Scientific Operating Expenses Growth & History (CORZ)
Core Scientific's operating expenses was $283.5M for fiscal 2025.
View full Core Scientific company overviewCore Scientific annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $283.5M | $20.4M | +7.73% |
| 2024 | 2024-12-31 | $263.1M | $148.6M | +129.82% |
| 2023 | 2023-12-31 | $114.5M | −$138.5M | −54.74% |
| 2022 | 2022-12-31 | $253.0M | $180.8M | +250.27% |
| 2021 | 2021-12-31 | $72.2M | $50.6M | +234.42% |
| 2020 | 2020-12-31 | $21.6M | — | — |
Core Scientific quarterly operating expenses
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $148.5M | $117.2M | +374.34% |
| Q1 2026 | 2026-03-31 | $340.5M | $285.3M | +516.33% |
| Q4 2025 | 2025-12-31 | $138.2M | $68.1M | +97.04% |
| Q3 2025 | 2025-09-30 | $58.7M | $17.6M | +42.94% |
| Q2 2025 | 2025-06-30 | $31.3M | −$98.2M | −75.82% |
| Q1 2025 | 2025-03-31 | $55.3M | $32.8M | +146.45% |
| Q4 2024 | 2024-12-31 | $70.2M | $34.8M | +98.37% |
| Q3 2024 | 2024-09-30 | $41.1M | $13.6M | +49.52% |
| Q2 2024 | 2024-06-30 | $129.5M | $102.0M | +371.08% |
| Q1 2024 | 2024-03-31 | $22.4M | −$1.8M | −7.28% |
| Q4 2023 | 2023-12-31 | $35.4M | −$553.5M | −93.99% |
| Q3 2023 | 2023-09-30 | $27.5M | −$346.8M | −92.66% |
| Q2 2023 | 2023-06-30 | $27.5M | −$1.03B | −97.40% |
| Q1 2023 | 2023-03-31 | $24.2M | −$20.7M | −46.15% |
| Q4 2022 | 2022-12-31 | $588.8M | $584.8M | +14500.42% |
| Q3 2022 | 2022-09-30 | $374.3M | $320.7M | +597.80% |
| Q2 2022 | 2022-06-30 | $1.06B | $1.05B | +11641.01% |
| Q1 2022 | 2022-03-31 | $44.9M | $39.4M | +710.87% |
| Q4 2021 | 2021-12-31 | $4.0M | — | — |
| Q3 2021 | 2021-09-30 | $53.6M | — | — |
| Q2 2021 | 2021-06-30 | $9.0M | — | — |
| Q1 2021 | 2021-03-31 | $5.5M | — | — |
Core Scientific operating expenses trends
Over the last five fiscal years, Core Scientific's operating expenses increased from $21.6M to $283.5M, a change of $261.9M. The latest reported quarter, Q2 2026, shows $148.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Core Scientific source filings ↗