Core Scientific, Inc. Tranche 2 Warrants

Core Scientific, Inc. Tranche 2 Warrants

CORZZ
Core Scientific, Inc. Tranche 2 WarrantsUS flagNASDAQ Global Select
17.80
USD
+0.44
- -
5.77BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.24
0.14
4.23
-1.09
-3.23
-3.22
-3.06
-7.57
Tangible Book Value per Share
0.05
-0.06
0.87
-1.1
-3.24
-3.22
-3.06
-8.29
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
60
60
544
640
502
511
319
440
Operating Margin (%)
-20.99
-20.23
30.61
-38.2
3.05
-2.39
-70.39
-46.76
Depreciation Expense
6
9
33
226
96
120
80
75
Net Income, GAAP
-12
-12
47
-2,146
-246
-1,438
-289
-1,432
Effective Tax Rate (%)
- -
- -
24.99
- -
- -
- -
- -
0.04
Profit Margin (%)
-20.03
-20.24
8.69
-335.2
-49.06
-281.57
-90.47
-325.31
Working Capital
-8
1
436
-102
-391
769
114
-294
LT Debt
5
22
714
1
721
1,172
1,150
4,298
Total Equity
106
89
1,341
-409
-597
-943
-963
-2,419
Return on Invested Capital (%)
- -
- -
10.89
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
7.04
- -
- -
- -
- -
-131.95
Return on Common Equity (%)
- -
-20.08
6.83
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12
994
- -
LT Borrowings
1,060
1,062
4,298
LT Finance Leases
90
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
314
317
320
Market Capitalization
4,569
4,754
7,961

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
896
1,455
2,444
Cash, Cash Equivalents & STI
311
1,005
1,770
Accounts Receivable, Net
337
- -
384
Inventories
- -
- -
- -
Total Current Liabilities
781
2,662
2,738
Payables & Accruals
638
583
622
ST Debt
12
994
- -
Deferred Revenue
128
220
287

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
275.71%
2.09%
Free Cash Flow
- -
236.68%
781.45%
Net Income, GAAP
- -
-961.85%
-79.93%
Sales/Revenue/Turnover
- -
152.57%
-37.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
179
141
95
95
511
2025
80
79
81
80
319
2026
115
164
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Adam Sullivan
Full Time Employees
325
Sector
Technology
Industry
Software - Infrastructure
Address
838 Walker Road Dover DE United States of America 19904
IPO Date
Jan 24, 2024
Business
Core Scientific, Inc. (NASDAQ: CORZ) operates as a leading provider of digital infrastructure, high-density colocation services, and blockchain-related solutions in the United States; it conducts digital asset self-mining, hosted mining for third-party customers, and high-performance computing (HPC) hosting through purpose-built data centers equipped with advanced power, cooling, and connectivity for AI, machine learning, and cryptocurrency workloads. The company offers comprehensive services including deployment and maintenance of customer mining equipment, electrical power and infrastructure support, software solutions for optimization, and sales of mining rigs; its segments encompass digital asset self-mining using a proprietary fleet of miners to process blockchain transactions and earn rewards primarily in Bitcoin, hosted mining with monitoring and troubleshooting for institutional clients, and HPC hosting tailored for high-density AI applications across industries such as government, healthcare, media, oil and gas, and retail. Founded in 2017 and headquartered in Dover, Delaware, with operational facilities in Alabama, Georgia, Kentucky, North Carolina, North Dakota, Oklahoma, and Texas totaling over 1.3 gigawatts of contracted power capacity, Core Scientific serves institutional investors, blockchain developers, and AI-focused enterprises nationwide. Recent developments include the exercisability of its Tranche 2 Warrants (CORZZ), with 81.9 million warrants outstanding exercisable at $0.01 per share until January 2029 following achievement of a volume-weighted average stock price trigger above $8.72 in July 2024; a terminated $9 billion all-stock acquisition agreement with CoreWeave announced in July 2025 after shareholder rejection in October 2025, which had aimed to verticalize AI data center ownership; and an ongoing strategic pivot from bitcoin mining dominance toward AI and next-generation colocation, with most facilities being converted to support high-density compute workloads amid rising demand for scalable infrastructure.

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