earnings
confidence high
sentiment neutral
materiality 0.75
Core Scientific Q3 revenue $81.1M; net loss improves to $146.7M; pending CoreWeave acquisition vote Oct 30
Core Scientific, Inc./tx
2025-Q3 EPS reported
-$1.48
revenue$239,256,000
- Total revenue $81.1M, down 15% YoY from $95.4M; digital asset self-mining revenue $57.4M, bitcoin mined down 55%, avg BTC price up 88%.
- Net loss $146.7M, improved from $455.3M, primarily due to smaller non-cash fair value adjustment of $74.9M vs $408.5M.
- Adjusted EBITDA negative $2.4M, compared to positive $10.1M in prior year.
- Capital expenditures $244.5M, of which $196.4M funded by CoreWeave under colocation agreements.
- Pending all-stock acquisition by CoreWeave (exchange ratio 0.1235) subject to stockholder vote on Oct 30, 2025.