NASDAQ$CORZ

Core Scientific · Q1 2024 earnings

Q1 2024 earnings ·

Briefing

CORZ Q1 2024 — $9.3M revenue

These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions, known or unknown, that could cause actual results to vary materially . Core Scientific reported Q1 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $9.3M.
  • Operating income: $55K.
  • Gross profit: $78K.

Headline financials

Total Revenue

$179M

Previous: $121M+48.6%
EPS

$0.78

Previous: -$0.03+2700.0%
Capital Expenditures

-$31.9M

Previous: -$1.54M-1972.4%
Free Cash Flow

$179M

Previous: -$13.2M+1452.1%
Net Income

$211M

Previous: -$11.7M+1903.1%
Operating Income

$55.2M

Previous: -$3.7M+1594.6%
Gross Profit

$77.6M

Previous: $20.5M+279.1%
Cash & Equivalents

$98.1M

Previous: $47.5M+106.6%
Total Assets

$814M

Previous: $760M+7.1%

Revenue & EPS history

Core Scientific · Revenue · Quarterly

$179M

Q1 2024+48.6%vs Q1 2023
Beat estimate in 1 of 5 quarters(20%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+3.9%

Avg return

Earnings day

+6.3%

Avg return

5 days after

+20.6%

Avg return

30 days after

75%

6 / 8 earnings

Positive

+11.0%

Q1 2026

Best reaction

-7.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+11.0%+3.4%+16.5%
Q4 2025-7.2%-9.9%-1.6%
Q3 2025+0.0%+7.2%-18.6%
Q1 2025+6.2%+15.1%+37.0%
Q4 2024+6.9%-4.3%-25.3%
Q3 2024+10.1%+34.2%+30.5%
Q2 2024+1.1%-2.5%-4.0%
Q1 2024+3.0%+7.5%+130.2%
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022
Q1 2022

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