NASDAQ$CORZ

Core Scientific · Q1 2025 earnings

Q1 2025 earnings · · After market close

Briefing

Core Scientific reported Q1 2025 total revenue of $79.5M with net income of $576.3M and diluted EPS of $1.24.

Total revenue was $79.5 million for the quarter ended March 31, 2025, from digital asset mining and hosting. Net income was $576.3 million ($1.24 diluted EPS), including fair-value and warrant-related items; adjusted metrics exclude non-cash marks. Bitcoin hash rate, power costs, and fleet utilization drive operating performance.

  • Q1 total revenue $79.5M from mining/hosting.
  • Net income $576.3M includes fair-value warrant adjustments.
  • Diluted EPS $1.24; bitcoin production and power costs key.
  • Restated financials reflect prior-period corrections.

Headline financials

Total Revenue

$79.5M

Previous: $179M-55.6%
EPS (adj)

$1.24

Previous: $0.78+59.0%
Capital Expenditures

-$88.4M

Previous: -$31.9M-177.2%
Net Income

$581M

Previous: $211M+175.6%
Operating Income

-$42.6M

Previous: $55.2M-177.1%
Gross Profit

$8.21M

Previous: $77.6M-89.4%

Revenue & EPS history

Core Scientific · Revenue · Quarterly

$79.5M

Q1 2025-55.6%vs Q1 2024
Beat estimate in 1 of 5 quarters(20%)
ActualEstimate

Forward guidance

Energy and mining outlook tied to commodity prices, volumes, and power or LOE costs.

Tailwinds

  • Production growth and cost discipline improve cash flow.
  • Hedging can stabilize a portion of exposure.

Headwinds

  • Commodity price declines pressure revenues and margins.
  • Capital intensity and regulatory changes add risk.

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 2025

Historical avgQ1 2025

+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

Discussion

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