Core Scientific Q1 2026: Revenue up to $115.2M but net loss $347.2M; closes $3.3B notes

Core Scientific, Inc./tx

2026-Q1 EPS reported -$1.06 revenue$115,244,000

Revenue $115.2M (+45% YoY); colocation revenue $77.5M (vs $8.6M) driving growth.
Net loss $347.2M includes $266.5M non-cash impairment; Adjusted EBITDA $4.4M vs -$6.1M.
Closed $3.3B 7.75% senior secured notes due 2031 to fund data-center development.
Power capacity pipeline expanded to 4.5 GW; acquired Hunt County, TX land for $233M (~430 MW).
Liquidity $1.04B at quarter-end; CapEx $389.2M (partly funded by CoreWeave).

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Core Scientific, Inc./tx reported first quarter of 2026 results: revenue $115.2 million, net income $347.2 million.

Period: first quarter of 2026
Revenue: $115.2 million
Net income: $347.2 million
Result: reported results

Exact text from the filing

is accelerating customer discussions and reinforcing the value of our high-density compute infrastructure platform.” First Quarter 2026 Financial Results • Total revenue was $115.2 million compared to $79.5 million in the first quarter of 2025. ◦ Colocation revenue was $77.5 million, up from $8.6 million in the first quarter of 2025, driven by incremental billable

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Source: SEC EDGAR

accession 0001628280-26-031246

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