---
title: "Core Scientifc - CW29 | 8-K: FY2025 Q2 Revenue: USD 78.63 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252286987.md"
datetime: "2025-08-08T20:26:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252286987.md)
  - [en](https://longbridge.com/en/news/252286987.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252286987.md)
generator: "portal-rs"
---

# Core Scientifc - CW29 | 8-K: FY2025 Q2 Revenue: USD 78.63 M

Revenue: As of FY2025 Q2, the actual value is USD 78.63 M.

EPS: As of FY2025 Q2, the actual value is USD -0.04.

### Segment Revenue

-   **Total Revenue**: $78.6 million, down from $141.1 million in the second quarter of 2024.
-   **Digital Asset Self-Mining Revenue**: $62.4 million, down from $110.7 million, primarily due to a 62% decrease in bitcoin mined, partially offset by a 50% increase in the average bitcoin price.
-   **Digital Asset Hosted Mining Revenue**: $5.6 million, down from $24.8 million, due to a strategic shift to colocation business.
-   **Colocation Revenue**: $10.6 million, up from $5.5 million, driven by expansion into Denton, Texas.

### Operational Metrics

-   **Gross Profit**: $5.0 million, compared to $38.8 million in the prior year.
-   **Net Loss**: - $936.8 million, compared to - $804.9 million, primarily due to non-cash fair value adjustments related to warrants and contingent value rights.
-   **Adjusted EBITDA**: $21.5 million, down from $46.0 million in the prior year period.

### Cash Flow

-   **Liquidity Position**: $754.1 million, including $581.3 million in cash and cash equivalents and $172.8 million in digital assets at the end of the second quarter of 2025.

### Unique Metrics

-   **Capital Expenditures**: $121.3 million, with $90.3 million funded by CoreWeave under contractual agreements, and $31.0 million spent on new site development at non-CoreWeave locations.

### Outlook / Guidance

-   Core Scientific is undergoing a strategic shift towards high-density compute and expects to increase revenue from this segment rapidly. The company is in the process of converting existing facilities to support artificial intelligence-related workloads and next-generation colocation services.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**