Core Scientific, Inc. (CORZ)财务
NASDAQ · Technology · Software - Infrastructure · 员工325人 · CEO Adam Sullivan
- 股价
- $13.25 -8.18%
- 市值
- $42.6亿
- 企业价值
- $67.9亿
- 最近财报
- Q2 '26 2026-07-28提交
- 下次财报
- 2026-11-05 EPS预期 -$0.05
营收(TTM)$4.4亿+26.4% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)-33.7%+10.6 百分点 对比去年同期营业利润 -$1.48亿
净利润(TTM)-$14.4亿-32.7% 对比去年同期税后,含营业外收益
自由现金流(TTM)-$9.68亿-277.2% 对比去年同期资本支出 $14.8亿
稀释EPS(TTM)-$4.17-333.6% 对比去年同期最近4个季度之和
净现金-$25.3亿-335.1% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $42.6亿 EV $67.9亿
- 营收
- $4.4亿 过去12个月
- 营收增速
- +114% FY2026年一致预期
- 净利润率
- -325.9% 净利润 / 营收,TTM
- P/E
- -3.2× 预期 -3.0×(FY2026)
- P/S
- 9.7× 股价 / 营收,TTM
- EV / EBITDA
- -5.1× TTM
- 自由现金流
- -$9.68亿 过去12个月
- 净利润
- -$14.4亿 过去12个月
- 营收预期
- $6.83亿 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $1.97亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-07-28):营收超预期16.4%,EPS 低于预期5,201.8%营收$1.64亿,预期$1.41亿(+16.4%);EPS -$3.32,预期-$0.06(-5,201.8%)。
- 营收增长加速:同比108.8%Q2 '26营收$1.64亿,此前四个季度的平均值为-7.6%。
- 营业利润率-33.7%(TTM),较去年同期+10.6 百分点营收增长26.4%,营业利润增长3.9%。
- 资本支出占营收的337.0%(去年为76.1%)最近4个季度投入$14.8亿(同比+459.7%)。自由现金流-$9.68亿。
- 稀释股数一年内增加2.3%Q2 '26稀释股数3.25亿,一年前为3.18亿。
- 净债务 $25.3亿现金 + 短期投资 $17.7亿,含租赁债务 $43亿;一年前净债务 $5.81亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $1.64亿 | $7860万 | +108.8% |
| 毛利率 | 42.7% | 6.4% | +36.3 百分点 |
| 营业利润 | -$7210万 | -$2630万 | -174.4% |
| 营业利润率 | -43.9% | -33.4% | -10.5 百分点 |
| 净利润 | -$11.6亿 | -$9.37亿 | -23.3% |
| 稀释EPS | -$3.32 | -$0.04 | -7,861.6% |
| 经营现金流 | -$1890万 | $3400万 | -155.7% |
| 资本支出 | $5.65亿 | $1.21亿 | +365.9% |
| 自由现金流 | -$5.84亿 | -$8730万 | -569.1% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $1820万 | $2420万 | -24.5% |
实际 vs 一致预期
2026-07-28| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $1.64亿 | $1.41亿 | +16.4% |
| EPS(一致预期口径) | -$3.32 | -$0.06 | -5,201.8% |
来自2026-07-28发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '24 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Digital Asset Mining Service | $1.5亿 | +53.0% | 88.2% | – | – | |
| Hosting Service | $2010万 | +6.7% | 11.8% | $8850万 | – | |
| Equipment Sales | – | – | – | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $5.16亿
- 资本支出
- -$14.8亿
- 股票回购
- -$1360万
- 股息
- $0
- 收购
- -$2.3亿
- 债务净发行
- $32亿
- 股权激励费用
- $9390万
- 自由现金流
- -$9.68亿
- 股东回报 / FCF
- -1.4%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -3.2× | 15.0× 5年中的1年 | 15.0× – 15.0× |
| EV / EBITDA | -5.1× | 10.0× 5年中的1年 | 10.0× – 10.0× |
| EV / 营收 | 15.4× | 6.7× | 1.9× – 16.9× |
| 股价 / FCF | -4.4× | 26.7× 5年中的1年 | 26.7× – 26.7× |
| 股价 / 净资产 | -1.8× | 0.5× 5年中的1年 | 0.5× – 0.5× |
| FCF收益率 | -22.7% | -11.5% | -33.8% – 3.7% |
| 投入资本回报率 | -5.9% | -65.1% | -318.1% – 5.6% |
| 净资产收益率 | 98.7% | 151.9% | 3.5% – 524.3% |
分析师
一致目标价 $32.75 (+147.2%)
区间 $16.00 – $40.00 · 评级 Buy
强烈买入0
买入19
持有3
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $6.83亿 | +113.9% | -$4.43 | -403.3% | -3.0× | 8 |
| FY2027 | $11.3亿 | +65.8% | $0.18 | +104.2% | 72.1× | 8 |
| FY2028 | $16.4亿 | +45.2% | $0.52 | +183.0% | 25.5× | 11 |
| FY2029 | $21亿 | +27.7% | -$0.24 | -145.5% | -55.9× | 4 |
| FY2030 | $33.1亿 | +57.9% | $0.58 | +344.7% | 22.8× | 4 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Core Scientific, Inc.在近期10-Q / 10-K文件中标记的全部305项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $1.12亿 | $2.15亿 | -47.7% | $1.26亿 | $1930万 | +554.6% |
| Accounts Receivable, after Allowance for Credit Loss, Current | – | – | – | $103万2024-12-31 | $100万 | +2.4% |
| Accounts Receivable, Allowance for Credit Loss, Current | $02025-12-31 | $0 | – | $0 | $0 | – |
| Accounts Receivable, Credit Loss Expense (Reversal) | – | – | – | $02024-12-31 | $0 | – |
| Accrued Bonuses, Current | $3460万2025-09-30 | – | – | – | – | – |
| Accrued Liabilities, Current | $5.09亿 | $1.81亿 | +181.9% | $5.12亿 | $6920万 | +639.5% |
| Additional Paid in Capital | $32.3亿 | $30.3亿 | +6.7% | $31.8亿 | $29.2亿 | +9.2% |
| Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs | $02025-12-31 | – | – | $2.1万 | – | – |
| AdjustmentToAdditionalPaidInCapitalConvertibleDebtInstrumentIssuedAtSubstantialPremium | – | – | – | $3320万2024-12-31 | – | – |
| Amortization of Debt Discount (Premium) | $168万2026-03-31 | $173万 | -3.3% | – | – | – |
| Amortization of Debt Issuance Costs and Discounts | $368万 | $130万 | +182.4% | $599万 | $376万 | +59.6% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 77.1万 | 1.93亿 | -99.6% | 1.86亿 | 1.88亿 | -0.8% |
| Assets | $52.6亿 | $18.5亿 | +184.1% | $23.5亿 | $14.8亿 | +59.1% |
| Assets, Current | $24.4亿 | $10亿 | +143.2% | $8.96亿 | $9.04亿 | -0.9% |
| Capital Expenditures Incurred but Not yet Paid | – | – | – | $02024-12-31 | $0 | – |
| Cash and Cash Equivalents, at Carrying Value | $17.7亿 | $5.81亿 | +204.4% | $3.11亿 | $8.36亿 | -62.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $25.5亿 | $5.81亿 | +338.9% | $3.11亿 | $8.37亿 | -62.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $14.1亿 | -$1.17亿 | +1,297.3% | -$5.26亿 | $7.67亿 | -168.5% |
| Class of Warrant or Right, Exercise Price of Warrants or Rights | – | – | – | $11.502023-12-31 | $11.50 | 0.0% |
| Class of Warrant or Right, Number of Securities Called by Each Warrant or Right | – | – | – | 12023-12-31 | 1 | 0.0% |
| Class of Warrant or Right, Outstanding | – | – | – | 1.8亿2024-01-23 | – | – |
| Common Stock, Capital Shares Reserved for Future Issuance | – | – | – | 473万2024-01-23 | – | – |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 100亿 | 100亿 | 0.0% | 100亿 | 100亿 | 0.0% |
| Common Stock, Shares, Issued | 3.2亿 | 3.03亿 | +5.4% | 3.14亿 | 2.93亿 | +7.4% |
| Common Stock, Shares, Outstanding | 3.2亿 | 3.03亿 | +5.4% | 3.14亿 | 2.93亿 | +7.4% |
| Common Stock, Value, Issued | $3000 | $3000 | 0.0% | $3000 | $3000 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | – | – | – | -$14.4亿2024-12-31 | -$2.46亿 | -483.3% |
| Construction in Progress, Gross | $6.57亿2025-09-30 | $1.54亿 | +327.0% | $1.12亿2024-12-31 | $1.84亿 | -39.1% |
| Contract with Customer, Liability | $152万2026-03-31 | $6090万 | -97.5% | $197万 | $1810万 | -89.1% |
| Contract with Customer, Liability, Revenue Recognized | $197万2026-03-31 | $30万 | +557.7% | $32.9万 | $670万 | -95.1% |
| Cost of Revenue | $9420万 | $7360万 | +27.9% | $2.81亿 | $3.9亿 | -27.8% |
| CryptoAssetFairValue | $3730万2026-03-31 | $8060万 | -53.7% | $2390万2024-12-31 | $228万 | +946.1% |
| CryptoAssetFairValueCurrent | $4970万 | $1.73亿 | -71.2% | $2.22亿 | $2390万 | +829.1% |
| CryptoAssetPaymentForService | $02025-12-31 | $0 | – | $0 | $8.9万 | -100.0% |
| CryptoAssetRealizedGainOperating | – | – | – | $390万2024-12-31 | – | – |
| CryptoAssetRealizedLossOperating | – | – | – | $370万2024-12-31 | – | – |
| CryptoAssetSale | $2.08亿2026-03-31 | $0 | – | $0 | $4.02亿 | -100.0% |
| CryptoAssetUnrealizedGainLossOperating | -$937万 | $2980万 | -131.4% | -$3160万 | -$105万 | -2,904.1% |
| Current Federal Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Current Income Tax Expense (Benefit) | – | – | – | $58.3万 | $85.9万 | -32.1% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $58.3万 | $85.9万 | -32.1% |
| Debt Instrument, Unamortized Discount | $8700万 | – | – | – | – | – |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $2940万2026-03-31 | – | – | – | – | – |
| Debt, Current | $9.94亿2026-03-31 | – | – | – | – | – |
| Debt, Long-term and Short-term, Combined Amount | $20.6亿2026-03-31 | – | – | – | – | – |
| Debtor Reorganization Items, Debtor-in-Possession Facility Financing Costs | – | – | – | $33.9万2024-12-31 | $2490万 | -98.6% |
| Debtor Reorganization Items, Gain (Loss) on Settlement of Other Claims, Net | – | – | – | $227万2024-12-31 | $2050万 | -88.9% |
| Debtor Reorganization Items, Legal and Advisory Professional Fees | – | – | – | $2150万2024-12-31 | $9220万 | -76.7% |
| Debtor Reorganization Items, Provision for Expected Allowed Claims | – | – | – | -$1.44亿2024-12-31 | $9460万 | -252.1% |
| Debtor Reorganization Items, Write-off of Debt Issuance Costs and Debt Discounts | – | – | – | $02024-12-31 | $0 | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Income | $6.53亿2026-03-31 | – | – | $5.54亿 | $1780万 | +3,014.3% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Revenue | $6.54亿2026-03-31 | – | – | $5.56亿 | $1810万 | +2,965.2% |
| Deferred Revenue, Current | $2.87亿 | – | – | $1.28亿 | $1810万 | +603.4% |
| Deferred Revenue, Noncurrent | $3.67亿 | – | – | $4.28亿 | $0 | – |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Tax Asset, Interest Carryforward | $2650万2025-12-31 | $2390万 | +10.9% | $2650万 | $2390万 | +10.9% |
| Deferred Tax Assets, Capital Loss Carryforwards | $4810万2025-12-31 | $4800万 | +0.1% | $4810万 | $4800万 | +0.1% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02