---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-010544"
form_type: "8-K"
ticker: "CORZ"
cik: "0001839341"
company_name: "Core Scientific, Inc./tx"
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:22:06.941996+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Core Scientific reports Q4 2023 revenue $141.9M, adj EBITDA $57.5M; net loss improves $239M YoY

## Summary
- Total revenue Q4 $141.9M (+17% YoY); full-year $502.4M (-22% YoY, due to exit from equipment sales).
- Net loss Q4 $195.7M, improved $239.2M from Q4 2022; full-year net loss $246.5M, improved $1.90B.
- Adjusted EBITDA Q4 $57.5M (vs $6.3M), full-year $170.0M (vs -$10.7M); driven by lower power costs and cost cuts.
- Self-mined 13,762 bitcoin in FY2023, most among listed North American miners; operated 23.2 EH/s total hash rate.
- Announced long-term hosting contract with CoreWeave for GPU cloud/AI compute, expanding beyond bitcoin mining.

## SEC filing metadata
- accession: 0001628280-24-010544
- form_type: 8-K
- ticker: CORZ
- cik: 0001839341
- company_name: Core Scientific, Inc./tx
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000162828024010544/0001628280-24-010544-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000162828024010544/core-20240312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-010544
- JSON: https://secwatch.observer/filing/0001628280-24-010544.json
- Plain text: https://secwatch.observer/filing/0001628280-24-010544.txt

## Key facts
- Earnings Releases
  Core Scientific, Inc./tx reported fourth fiscal quarter and full year ended December 31, 2023 results: revenue $141.9 million, net income Net loss of $195.7 million.
  - Period: fourth fiscal quarter and full year ended December 31, 2023
  - Revenue: $141.9 million
  - Net income: Net loss of $195.7 million
  - Result: reported results
  source text: reported its financial results for the fiscal fourth quarter and year ended December 31, 2023. Fiscal Fourth Quarter 2023 Compared to Fiscal Fourth Year 2022 • Total revenue of $141.9 million, an increase of $20.7 million • Net loss of $195.7 million, an improvement of $239.2 million • Adjusted EBITDA of $57.5 million, an increase of $51.2 million Fiscal Year 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839341/000162828024010544/0001628280-24-010544-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.