10-Q quarterly report · filed Oct 24, 2025

Core Scientific, Inc./tx (CORZ) Q3 2025 10-Q Quarterly Report

Short answer

Core Scientific, Inc./tx (CORZ) filed its Q3 2025 10-Q quarterly report on Oct 24, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $81M (down 14.9% year over year) with net income of −$147M.

Q3 2025 key financials · XBRL

Revenue
$81M
−14.9% YoY · +3.1% QoQ
Net income
−$147M
+67.8% YoY · +84.3% QoQ
Operating margin
-70.8%
Gross margin
4.8%
EPS (diluted)
−$1.27
−51.2% YoY · +13.0% QoQ

Source: XBRL data from the Core Scientific, Inc./tx (CORZ) Q3 2025 10-Q on SEC EDGAR. USD.

Core Scientific, Inc./tx Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • Newly added merger risk: $270M termination fee if Merger Agreement terminated due to Board recommendation change or other specified conditions
  • Updated regulatory risk: Merger completion dependent on Nasdaq approval of CoreWeave Class A stock listing and no injunctive legal orders
  • Legal risk: Potential costly securities class action and derivative lawsuits challenging the Merger could divert management and delay closing
  • Operational risk: Integration risks including loss of key personnel and business disruptions may delay or reduce expected Merger benefits
  • Financial risk: Merger consideration of 0.1235 CoreWeave shares subject to market price volatility affecting stockholders’ realized value

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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