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Core Scientific Inc (CORZ)
NASDAQ:CORZ
US Market

Core Scientific Inc (CORZ) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
May 13, 2026
After Close (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
-0.06
Last Year’s EPS
1.25
Same Quarter Last Year
Based on 13 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Mar 02, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasized strong operational execution and meaningful progress on large-scale AI colocation build-outs: substantial energization and billing ramp, major site expansions (Hunt, Dalton, Pecos), a sizable and disciplined pipeline (~1.5 GW), and solid liquidity/capital options (≈$530M liquidity; ability to raise up to $4B against stabilized contracted assets). The company also disclosed a historical accounting correction and a noted material weakness, did not meet a public target to sign a new customer on the call, and continues to have a revenue mix dominated by mining until additional colocation megawatts bill. Supply‑chain and guarantee/credit requirements are timing and execution risks, but management presented a clear plan to mitigate these and reiterated strong project momentum.
Company Guidance
Guidance focused on two priorities for 2026—diversify the customer base and execute the CoreWeave contract—and management expects a near-term inflection in colocation revenue as additional megawatts begin billing (energization-to-billing lag ~90 days) and aims for every megawatt to be dedicated to colocation within three years. Operational metrics: ~350 MW energized (213 MW energized at year‑end 2025), close to 200 MW currently billing, and a 590 MW CoreWeave commitment; site specifics include Denton (262 MW campus, 400k sq ft, ~130 billable MW today, ~50,000 Grace Blackwell GPUs), Marble (65 MW, 250k sq ft, 36 billable MW, ~15,000 GPUs), Muskogee Phase 1 (70 MW), Dalton Phase 1 (30 MW) and Dalton expansion to 450 MW gross (120 MW uncommitted leasable). Development pipeline and land/power: ~1.5 GW of leasable capacity in the pipeline (including ~600 MW recently added and ~700 MW of unannounced opportunities), Pecos conversion to 200 MW leasable with RFS within ~12 months, and the Hunt County site (~265 acres expected to support ~430 MW gross / ~285 MW leasable) due to close by end‑Q1 with ERCOT power online starting 2027 and ramping through 2029. Financial posture: total liquidity ≈ $530M, sold just over 1,900 BTC for ≈ $175M in January and now hold under 1,000 BTC, access to up to $4B of financing against stabilized CoreWeave assets, project financing advance rates of 60–85%, and the internal ability to scale roughly 0.5 GW (up to 500 MW) in a single year given customer commitments.
Rapid Energization and Billing Ramp
Energized ~350 megawatts of capacity as of the call, with close to 200 megawatts currently billing (≈57% of energized capacity). This is up from 213 megawatts energized at year-end (a ≈64% increase in energized capacity). Management will report megawatts when they start billing to reflect commercial progress.
CoreWeave Execution and Deliveries
Delivered multiple AI factory sites supporting the 590-megawatt CoreWeave commitment: broke ground on 5 factories (1 million sq ft shell), ~ $2 billion of installed infrastructure assets, >5 million labor hours, ~3,300 average workers on site and >$5 billion total project investment. Specific site progress includes Denton (~262 MW campus) now representing ~130 billable MW (up from 67 billable MW at end of Q4, ≈94% increase), Marble NC (65 MW) fully energized with 36 billable MW, Muskogee Phase 1 (70 MW) fully energized and in commissioning, Dalton Phase 1 (30 MW) energized and commissioning.
Expanded and High-Quality Development Pipeline
Pipeline of approximately 1.5 gigawatts of customer leasable capacity (only includes real opportunities with power under contract or clear line of sight). Development pipeline was expanded by ~600 leasable megawatts to support next wave of accelerated computing. Company states it already has more power in the pipeline than it can build over the next several years.
New Site Acquisitions and Power Expansions
Secured a contract to acquire the Hunt County, Texas site (~265 acres) expected to support ~430 MW gross (~285 MW leasable) with close and utility interconnection clarity; Dalton, GA expansion to 450 MW gross including 120 MW uncommitted leasable capacity; increased Pecos, TX leasable capacity to 200 MW and converting Pecos from Bitcoin mining to colocation with RFS timeline within 12 months.
Balance Sheet Liquidity and Capital Options
Total liquidity of approximately $530 million. Opportunistically sold just over 1,900 Bitcoin for approximately $175 million in January and now holds under 1,000 Bitcoin. Broad financing options available, including the ability to raise up to $4 billion against contracted capacity with CoreWeave at stabilization and project-level financing with 60%–85% advance rates on build costs.
Strategic Operational Playbook
Operation Forward Observer: pre-advance development through an initial commissioned data hall and secure long-lead equipment to shorten time-to-RFS and improve competitiveness. Auburn, AL (30 MW) progressed with long-lead equipment on site and first 10 MW targeted in H2 2026.

Core Scientific Inc (CORZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CORZ Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 13, 2026
2026 (Q1)
-0.06 / -
1.25
Mar 02, 2026
2025 (Q4)
-0.16 / 0.42
-0.6170.00% (+1.02)
Oct 24, 2025
2025 (Q3)
-0.07 / -0.46
-1.55770.46% (+1.10)
Aug 08, 2025
2025 (Q2)
-0.07 / -0.04
-4.5199.11% (+4.47)
May 07, 2025
2025 (Q1)
-0.12 / 1.25
0.74667.56% (+0.50)
Feb 26, 2025
2024 (Q4)
-0.09 / -0.60
-0.51-17.65% (-0.09)
Nov 06, 2024
2024 (Q3)
-0.09 / -1.56
-0.02-7685.00% (-1.54)
Aug 07, 2024
2024 (Q2)
<0.01 / -4.51
-0.025-17940.00% (-4.48)
May 08, 2024
2024 (Q1)
0.14 / 0.75
-0.0312506.45% (+0.78)
Mar 12, 2024
2023 (Q4)
0.07 / -0.51
-1.15956.00% (+0.65)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CORZ Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 02, 2026
$16.49$15.30-7.22%
Oct 24, 2025
$19.34$19.87+2.74%
Aug 08, 2025
$14.41$14.53+0.83%
May 07, 2025
$8.90$9.45+6.18%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Core Scientific Inc (CORZ) report earnings?
Core Scientific Inc (CORZ) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
    What is Core Scientific Inc (CORZ) earnings time?
    Core Scientific Inc (CORZ) earnings time is at May 13, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CORZ EPS forecast?
          CORZ EPS forecast for the fiscal quarter 2026 (Q1) is -0.06.

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