What Are Core Scientific Inc.'s Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $319 million | $511 million | $502 million | $640 million |
| Operating income | -$246 million | -$142 million | $9 million | -$2.1 billion |
| Operating margin | -77.0% | -27.8% | 1.8% | -329.5% |
| Net income | -$289 million | -$1.4 billion | -$246 million | -$2.1 billion |
| Net margin | -90.5% | -281.6% | -49.1% | -335.2% |
| Operating cash flow | $278 million | $43 million | $65 million | $205 million |
| Capital expenditures | $729 million | $95 million | $16 million | $384 million |
| Free cash flow | -$451 million | -$52 million | $49 million | -$179 million |
Operating margin narrowed by 49.2 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was -$451 million against net income of -$289 million; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.
What Does Core Scientific Inc.'s Balance Sheet Show?
| Cash and cash equivalents | $311 million |
|---|---|
| Long-term debt | $1.1 billion |
| Total assets | $2.3 billion |
| Total liabilities | $3.3 billion |
| Shareholders' equity | -$963 million |
| Current ratio | 1.1x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Core Scientific Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-013305 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Core Scientific Inc.'s revenue in fiscal 2025?
Core Scientific Inc. reported revenue of $319 million for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Core Scientific Inc.'s operating margin?
Core Scientific Inc.'s operating margin was -77.0% in fiscal 2025: operating income of -$246 million on revenue of $319 million.
How much free cash flow did Core Scientific Inc. generate?
Operating cash flow of $278 million less capital expenditures of $729 million gives free cash flow of -$451 million for fiscal 2025.