)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Core Scientific (CORZ) investor relations material
Core Scientific Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary8 Aug, 2025
Executive summary
Revenue for the quarter ended June 30, 2025, declined 44% year-over-year to $78.6 million, mainly due to a 62% drop in bitcoin mined and a strategic shift to high-density colocation services.
Net loss widened to $936.8 million, primarily due to a $910.0 million non-cash loss from fair value changes in warrants and contingent value rights.
Adjusted EBITDA for the quarter was $21.5 million, down from $46.0 million in Q2 2024.
The company is transitioning its business model to focus on high-density colocation and AI/HPC workloads, converting most facilities from crypto mining.
On July 7, 2025, a definitive all-stock acquisition agreement with CoreWeave was signed, pending shareholder and regulatory approval.
Financial highlights
Total revenue for Q2 2025 was $78.6 million, down from $141.1 million in Q2 2024; six-month revenue was $158.2 million, down 51% year-over-year.
Gross profit for Q2 2025 was $5.0 million (6% margin), compared to $38.8 million (28% margin) in Q2 2024.
Adjusted EBITDA margin was 27% of revenue, down from 33% year-over-year.
Cash and cash equivalents at June 30, 2025, were $581.3 million.
Capital expenditures for the six months ended June 30, 2025, were $121.3 million, with $90.3 million funded by CoreWeave.
Outlook and guidance
The company expects to meet all 2025 ready-for-service dates for colocation facilities, though some delays have occurred.
Management anticipates a continued shift toward colocation and AI-related services, reducing exposure to bitcoin price volatility.
The merger with CoreWeave is expected to close pending regulatory and shareholder approvals, with integration risks and uncertainties highlighted.
CoreWeave funding's strategic capex role
Colocation margin decline despite strategic shift?
Facility conversion impact on bitcoin mining output?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Core Scientific earnings date
Q3 20255 Nov, 2025
Next Core Scientific earnings date
Q3 20255 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Core Scientific Inc. is a blockchain infrastructure and technology company specializing in cryptocurrency mining and hosting services. The company operates large-scale data centers designed for efficient, sustainable, and high-performance digital asset mining. Core Scientific supports its operations with proprietary software, AI-driven optimization, and a commitment to renewable energy use. Core Scientific is headquartered in Austin, Texas, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage