Core Scientific (CORZ) Reports Q1 2026 Revenue Surge Despite Net Loss

May 7, 2026 - 10:00
Core Scientific (CORZ) Reports Q1 2026 Revenue Surge Despite Net Loss
Joerg Hiller May 06, 2026 20:40 Core Scientific’s Q1 2026 revenue grew 45% YoY to $115M amid AI data center expansion, but significant non-cash charges drove a $347M net loss. Core Scientific, Inc. (NASDAQ: CORZ) reported a 45% year-over-year increase in revenue for the first quarter of 2026, reaching $115.2 million. This growth reflects its...

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