Core Scientific reported Q4 FY2025 total revenue of USD 79.8 million (down 15.8%), including colocation revenue of USD 31.3 million, digital asset self-mining revenue of USD 42.2 million, and digital asset hosted mining revenue of USD 6.3 million. Q4 gross profit was USD 20.8 million and net income was USD 216.0 million, while non-GAAP adjusted EBITDA was USD -42.7 million. Capital expenditures in Q4 totaled USD 279.2 million, including USD 226.2 million funded by CoreWeave under existing colocation service agreements; liquidity ended the quarter at USD 533.4 million, comprising USD 311.4 million of cash and cash equivalents and USD 222.0 million of bitcoin. Business updates included an agreement to expand into Hunt County, Texas, expected to support about 430 MW of gross power capacity with an approved ERCOT interconnection ramp schedule, and an increase of about 300 MW of gross power capacity across Dalton, Georgia and Pecos, Texas. Core Scientific also said it has energized about 350 MW to date under its CoreWeave contract and remains on track to deliver about 590 MW by early 2027. The company also announced a restatement of previously issued financial results related to improper capitalization of assets committed to demolition; it said the restatement has no impact on revenue, adjusted EBITDA, or net cash flows for the affected periods.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Scientific Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603021610BIZWIRE_USPR_____20260302_BW157124) on March 02, 2026, and is solely responsible for the information contained therein.
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