Core Scientific announced first quarter fiscal year 2026 results
Revenue was $115.2 million, with a net loss of $347.2 million, including non-cash impairment charges.
See the latest news and media coverage for Core Scientific. We track all announcements, press releases, and industry mentions in real time, all in one place.
High-density data center colocation provider
corescientific.comLast updated
In short: Core Scientific announced a major expansion to 1.5 GW capacity in Muskogee and Pecos, while reporting a $347 million net loss for Q1 fiscal 2026.
Revenue was $115.2 million, with a net loss of $347.2 million, including non-cash impairment charges.
It will acquire Polaris DS for 440 MW and start building an 82.5 MW facility.
The company will scale its Pecos campus with a behind-the-meter solution and secured additional land and power.
Proceeds will fund a debt service reserve, support project completion and repay outstanding term loans; the notes are secured by first-priority liens and subsidiary guarantees.
AI Data Center by Gorodenkoff via Shutterstock Core Scientific (CORZ) started off as a Bitcoin...
A Schedule 13G filing with the U.S. Securities and Exchange Commission for Core Scientific, dated May 15, 2026, has signaled notable institutional interest in the...
Core Scientific, Inc. (NASDAQ:CORZ) is one of the 7 Best Data Center GPU-as-a-Service Stocks To Buy....
Core Scientific stock reaches all-time high at $25.07...
Track Core Scientific and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Core Scientific and other trending companies.