Core Scientific Reports Q1 2026 Earnings and Provides Business Update

Core Scientific (CORZ) reported Q1 2026 earnings and provided an update on its progress with the CoreWeave contract. The company delivered 243 megawatts of billable capacity and expects to reach over 450 megawatts by the end of summer. It also raised its gross profit margin guidance and announced $3.3 billion in bond financing for project development.

By Motley Fool Transcribing · Motley Fool ·

Core Scientific Reports Q1 2026 Earnings and Provides Business Update

Tickers: $CORZ

Topics: bond financing capital expenditures colocation CoreWeave data centers revenue

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