Core Scientific, Inc. (CORZ)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-09-04
$17.89-0.06%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-09-04
QuarterlyIQ Insights · CORZ
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within information technology on a research-validated quality screen. As of 2026-09-04.
The screen ranks CORZ against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 47% of the time over the next year (vs 59% for the rest of the cohort, n=6360).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue scaling high-density colocation services with new data center developments and increased customer power capacity.
Stated as a priority in 2 of last 2 quarters. Colocation revenue grew from $8.6 million in 2025-Q1 to $77.5 million in 2026-Q1, with billing for 243 MW capacity representing about $350 million in annualized revenue. Management's statements and financials show delivering progress on expanding high-density colocation capacity and revenue.
“Core Scientific is operating at the forefront of the AI infrastructure market, expanding its high-density data center platform.”
“CEO: 'Investing ahead of contracts, advancing ready-for-service dates and moving development forward across multiple sites.'”
Acquire sites and power capacity to support long-term growth and scale data center campuses.
Stated as a priority in 2 of last 2 quarters. Management completed acquisitions totaling approximately $677 million to expand power capacity by over 870 MW. These acquisitions support scaling data center campuses, matching management's stated strategic growth focus and showing delivering progress.
Transition remaining mining facilities to high-density colocation services as circumstances allow.
Stated as a priority in 2 of last 2 quarters. While management reiterates repurposing mining facilities to colocation, financials show digital asset self-mining revenue declined from $67.2 million in 2025-Q1 to $30.1 million in 2026-Q1, reflecting the strategic shift. This indicates delivering progress on repurposing mining assets.
“The Company is in the process of repurposing its remaining mining facilities to support its high-density colocation services business as circumstances allow.”
Strengthen capital structure through debt issuance, credit facilities, and share buybacks to improve financial flexibility.
Stated as a priority in 3 of last 3 quarters. Management completed a $3.3 billion senior secured notes offering in 2026-Q1 and entered $600 million senior secured credit facilities by 2026-Q2, improving capital efficiency and financial flexibility. Share buyback agreements were also announced. The trajectory shows delivering on capital structure management.
Add experienced technology and AI infrastructure leaders to the Board to guide strategic growth.
Newly stated in 2026-Q2. Management appointed Mark W. Adams, an experienced technology executive, to the Board to support growth. This is a recent development with no prior quarters stating this priority.
“Core Scientific appointed Mark W. Adams to its Board, bringing technology leadership and AI infrastructure experience.”
Over the trailing year it converted 1.02x of net income into operating cash flow. Historically, Information Technology names rated fragile grew net income 42% of the time over the next year (vs 59% for the rest of the cohort, n=3128).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
38 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated volatile grew net income 60% of the time over the next year (vs 58% for the rest of the cohort, n=2769).
Not investment advice. As of 2026-09-04.
“Completed acquisition of Polaris DS LLC, securing approx. 440 MW of gross power capacity.”
“Closed on acquisition of land and power in Hunt County, Texas for approx. $233 million supporting ~430 MW capacity.”
“The Company is in the process of repurposing its remaining mining facilities to support its high-density colocation services business as circumstances allow.”
“Entered into $600 million of committed senior secured credit facilities to improve capital efficiency and financial flexibility.”
“Announced share buyback agreements and credit agreements to support capital allocation.”
“Strengthened capital structure through $3.3 billion offering of senior secured notes due 2031.”