Core Scientific Q4 net loss $265.5M; revenue down 33% YoY to $94.9M

Core Scientific, Inc./tx

2024-FY EPS reported -$4.39 revenue$510,672,000

Net loss of $265.5M driven by $224.7M non-cash mark-to-market adjustment on warrant liabilities due to stock price increase.
Revenue fell to $94.9M from $141.9M YoY; self-mining revenue down 68% in bitcoin mined due to halving and shift to HPC.
Adjusted EBITDA dropped to $13.3M from $56.7M YoY; operating loss of $39.8M vs operating income of $3.9M.
Earned 974 self-mined bitcoin at avg cash cost $51,035; total hash rate 20.1 EH/s (19.1 EH/s self-mining).
Secured $625M 0% convertible note offering; ended Q4 with $836.2M cash and cash equivalents.

item 2.02 item 7.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001628280-25-008130
form_type: 8-K
ticker: CORZ
cik: 0001839341
company_name: Core Scientific, Inc./tx
filed_at: 2025-02-26T23:59:59+00:00
discovered_at: 2026-05-14T18:03:05.205286+00:00
generated_at: 2026-05-26T03:52:51.811732+00:00
sec_items: ["2.02", "7.01", "9.01"]
event_type: earnings
sentiment: negative
materiality_score: 0.8
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001628280-25-008130
json_url: https://secwatch.observer/filing/0001628280-25-008130.json
markdown_url: https://secwatch.observer/filing/0001628280-25-008130.md
text_url: https://secwatch.observer/filing/0001628280-25-008130.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1839341/000162828025008130/0001628280-25-008130-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1839341/000162828025008130/core-20250226.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001628280-25-008130

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.