Core Scientific Reports Q3 Revenue of $81.1 Million and Net Loss of $146.7 Million
Reuters
Oct 25, 2025
<a href="https://laohu8.com/S/CORZ">Core Scientific</a> Reports Q3 Revenue of $81.1 Million and Net Loss of $146.7 Million
Core Scientific Inc. reported total revenue of $81.1 million for the third quarter of 2025, down from $95.4 million in the same period of 2024. Digital asset self-mining revenue was $57.4 million, a decrease from $68.1 million last year, primarily due to a 55% reduction in bitcoin mined, partially offset by an 88% increase in the average bitcoin price. Digital asset hosted mining revenue declined to $8.7 million from $16.9 million. High-Density Colocation revenue rose to $15.0 million from $10.3 million in the prior year. Adjusted EBITDA was $(2.4) million, compared to $10.1 million in the third quarter of 2024. Capital expenditures reached $244.5 million, with $196.4 million funded by CoreWeave, Inc.Liquidity at the end of the quarter was $694.8 million, including $453.4 million in cash and cash equivalents and $241.4 million in bitcoin. Gross profit for the quarter was $3.9 million, compared to a gross loss of $0.2 million in the previous year. The net loss was $146.7 million, compared to $455.3 million in the prior-year period, mainly due to a lower GAAP non-cash fair value adjustment for outstanding warrants and contingent value rights.
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: 20251024934847) on October 24, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.