NASDAQ$CORZ

Core Scientific · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

Core Scientific reported Q1 2026 with $115.2M revenue, net loss of $347.2M, and diluted loss per share of $1.06.

For the period ended 2026-03-31, Core Scientific reported $115.2M revenue. Total revenue $115.2M (+45% YoY) with colocation $77.5M. Net loss $(347.2)M after $266.5M impairment of property and equipment. Prior-year quarter included large warrant fair-value gain. Focus on AI/HPC hosting capacity and power contracts; no traditional EPS guidance.

  • Total revenue $115.2M (+45% YoY) with colocation $77.5M.
  • Net loss $(347.2)M after $266.5M impairment of property and equipment.
  • Prior-year quarter included large warrant fair-value gain.

Headline financials

Total Revenue

$115M

Previous: $79.5M+44.9%
EPS (adj)

-$1.06

Previous: $1.24-185.5%
Capital Expenditures

-$389M

Previous: -$88.4M-340.2%
Net Income

-$347M

Previous: $581M-159.8%
Operating Income

-$310M

Previous: -$42.6M-628.8%
Gross Profit

$30.1M

Previous: $8.21M+266.6%

Revenue & EPS history

Core Scientific · Revenue · Quarterly

$115M

Q1 2026+44.9%vs Q1 2025
Beat estimate in 1 of 5 quarters(20%)
ActualEstimate

Forward guidance

Focus on AI/HPC hosting capacity and power contracts; no traditional EPS guidance.

Tailwinds

  • Colocation revenue scaling rapidly.
  • Gross profit improved to $30.1M.
  • Strategic pivot to data-center infrastructure.

Headwinds

  • Massive impairment charge.
  • GAAP loss skewed by fair-value items.
  • Capital intensity and energy costs.

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 2026

Historical avgQ1 2026

+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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