Core Scientific Stock Drops On Wider-Than-Expected Q1 Loss

Benzinga

05/07

Core Scientific reported first-quarter results after Wednesday’s closing bell, missing EPS estimates. Here's a look at the details inside the report.

Core Scientific Q1 Details

Core Scientific reported quarterly losses of 10 cents per share, which missed the consensus estimate for losses of seven cents, according to Benzinga Pro data.

Quarterly revenue came in at $115.24 million, which beat the Street estimate of $111.25 million and was up from $79.53 million in the same period last year.

Core Scientific reported the following first-quarter metrics:

Colocation revenue was $77.5 million, up from $8.6 million in the first quarter of 2025, driven by incremental billable customer power capacity delivered to customers during the quarter.
Digital asset self-mining revenue was $30.1 million, down from $67.2 million in the first quarter of 2025, driven by the 45% decrease in Bitcoin (CRYPTO: BTC) mined primarily due to the continued strategic shift to the colocation business and the 18% decrease in the average Bitcoin price.
Capital expenditures were $389.2 million, $129.9 million of which were funded by CoreWeave, Inc. (NASDAQ:CRWV) pursuant to its existing colocation service agreements with the company.

“Core Scientific is differentiated by our ability to combine capital readiness with speed to delivery,” said CEO Adam Sullivan.

“We are investing ahead of contracts, advancing ready-for-service dates and moving development forward across multiple sites,” Sullivan added.

CORZ Stock Price: According to data from Benzinga Pro, Core Scientific stock was down 9.61% to $22.26 in Wednesday's extended trading.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2633168457"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2633168457\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2633168457?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-07 05:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2633168457","market":"hk","top_or_hot":-1,"title":"Core Scientific Stock Drops On Wider-Than-Expected Q1 Loss","media":"Benzinga","content":"<html><head></head><body><p><strong><a href=\"https://laohu8.com/S/CORZ\">Core Scientific</a> </strong>reported first-quarter results after Wednesday’s closing bell, missing EPS estimates. Here&#39;s a look at the details inside the report. </p><h2 id=\"id_1403938397\">Core Scientific Q1 Details       </h2><p>Core Scientific reported quarterly losses of 10 cents per share, which missed the consensus estimate for losses of seven cents, according to Benzinga Pro data. </p><p>Quarterly revenue came in at $115.24 million, which beat the Street estimate of $111.25 million and was up from $79.53 million in the same period last year.</p><p>Core Scientific reported the following first-quarter metrics:</p><ul style=\"\"><li><p>Colocation revenue was $77.5 million, up from $8.6 million in the first quarter of 2025, driven by incremental billable customer power capacity delivered to customers during the quarter.</p></li><li><p>Digital asset self-mining revenue was $30.1 million, down from $67.2 million in the first quarter of 2025, driven by the 45% decrease in <strong>Bitcoin </strong>(CRYPTO: BTC) mined primarily due to the continued strategic shift to the colocation business and the 18% decrease in the average Bitcoin price.</p></li><li><p>Capital expenditures were $389.2 million, $129.9 million of which were funded by <strong><a href=\"https://laohu8.com/S/CRWV\">CoreWeave, Inc.</a> </strong>(NASDAQ:CRWV) pursuant to its existing colocation service agreements with the company.</p></li></ul><p>“Core Scientific is differentiated by our ability to combine capital readiness with speed to delivery,” said CEO <strong>Adam Sullivan</strong>.</p><p>“We are investing ahead of contracts, advancing ready-for-service dates and moving development forward across multiple sites,” Sullivan added.</p><p><strong>CORZ Stock Price:</strong> According to data from Benzinga Pro, Core Scientific stock was down 9.61% to $22.26 in Wednesday&#39;s extended trading.  </p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Core Scientific Stock Drops On Wider-Than-Expected Q1 Loss</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCore Scientific Stock Drops On Wider-Than-Expected Q1 Loss\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2026-05-07 05:30</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<html><head></head><body><p><strong><a href=\"https://laohu8.com/S/CORZ\">Core Scientific</a> </strong>reported first-quarter results after Wednesday’s closing bell, missing EPS estimates. Here&#39;s a look at the details inside the report. </p><h2 id=\"id_1403938397\">Core Scientific Q1 Details       </h2><p>Core Scientific reported quarterly losses of 10 cents per share, which missed the consensus estimate for losses of seven cents, according to Benzinga Pro data. </p><p>Quarterly revenue came in at $115.24 million, which beat the Street estimate of $111.25 million and was up from $79.53 million in the same period last year.</p><p>Core Scientific reported the following first-quarter metrics:</p><ul style=\"\"><li><p>Colocation revenue was $77.5 million, up from $8.6 million in the first quarter of 2025, driven by incremental billable customer power capacity delivered to customers during the quarter.</p></li><li><p>Digital asset self-mining revenue was $30.1 million, down from $67.2 million in the first quarter of 2025, driven by the 45% decrease in <strong>Bitcoin </strong>(CRYPTO: BTC) mined primarily due to the continued strategic shift to the colocation business and the 18% decrease in the average Bitcoin price.</p></li><li><p>Capital expenditures were $389.2 million, $129.9 million of which were funded by <strong><a href=\"https://laohu8.com/S/CRWV\">CoreWeave, Inc.</a> </strong>(NASDAQ:CRWV) pursuant to its existing colocation service agreements with the company.</p></li></ul><p>“Core Scientific is differentiated by our ability to combine capital readiness with speed to delivery,” said CEO <strong>Adam Sullivan</strong>.</p><p>“We are investing ahead of contracts, advancing ready-for-service dates and moving development forward across multiple sites,” Sullivan added.</p><p><strong>CORZ Stock Price:</strong> According to data from Benzinga Pro, Core Scientific stock was down 9.61% to $22.26 in Wednesday&#39;s extended trading.  </p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"應用軟件","start_time":0,"source_url":"https://www.benzinga.com/markets/earnings/26/05/52350544/core-scientific-stock-drops-on-wider-than-expected-q1-loss","article_id":"2633168457","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633168457","pubTimestamp":1778103048,"columns":[{"name":"財報速遞","id":26,"label_key":"express"},{"name":"行業數據","id":30,"label_key":"dataReport"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Core Scientific Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","CRWG":"2倍做多CRWV ETF-Leverage Shares","CORZ":"Core Scientific, Inc.","BK4608":"AI应用概念股","BK4116":"互联网服务与基础架构","CORD":"T-REX 2X INVERSE CRWV DAILY TARGET ETF","CRWU":"2倍做多CRWV ETF-T-Rex","CWVX":"2倍做多CRWV ETF-Tradr"},"translate_title":"Core Scientific股价因第一季度亏损超出预期而下跌","themeId":"be99856898cd4b5291f23b0b3bac1393","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRWU":0.6,"CORZ":1.98,"CORD":0.6,"CWVX":0.6,"CRWG":0.6},"content_text":"Core Scientific reported first-quarter results after Wednesday’s closing bell, missing EPS estimates. Here's a look at the details inside the report. Core Scientific Q1 Details       Core Scientific reported quarterly losses of 10 cents per share, which missed the consensus estimate for losses of seven cents, according to Benzinga Pro data. Quarterly revenue came in at $115.24 million, which beat the Street estimate of $111.25 million and was up from $79.53 million in the same period last year.Core Scientific reported the following first-quarter metrics:Colocation revenue was $77.5 million, up from $8.6 million in the first quarter of 2025, driven by incremental billable customer power capacity delivered to customers during the quarter.Digital asset self-mining revenue was $30.1 million, down from $67.2 million in the first quarter of 2025, driven by the 45% decrease in Bitcoin (CRYPTO: BTC) mined primarily due to the continued strategic shift to the colocation business and the 18% decrease in the average Bitcoin price.Capital expenditures were $389.2 million, $129.9 million of which were funded by CoreWeave, Inc. (NASDAQ:CRWV) pursuant to its existing colocation service agreements with the company.「Core Scientific is differentiated by our ability to combine capital readiness with speed to delivery,」 said CEO Adam Sullivan.「We are investing ahead of contracts, advancing ready-for-service dates and moving development forward across multiple sites,」 Sullivan added.CORZ Stock Price: According to data from Benzinga Pro, Core Scientific stock was down 9.61% to $22.26 in Wednesday's extended trading.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport,movement,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}