---
title: "Core Scientifc - CW27 | 10-Q: FY2025 Q2 Revenue: USD 78.63 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252287434.md"
datetime: "2025-08-08T20:29:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252287434.md)
  - [en](https://longbridge.com/en/news/252287434.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252287434.md)
generator: "portal-rs"
---

# Core Scientifc - CW27 | 10-Q: 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.

EBIT: As of FY2025 Q2, the actual value is USD -26.28 M.

### Digital Asset Self-Mining Segment

-   **Revenue**: $62.4 million for Q2 2025, down from $110.7 million in Q2 2024.
-   **Cost of Revenue**: $59.6 million for Q2 2025, down from $80.0 million in Q2 2024.
-   **Gross Profit**: $2.8 million for Q2 2025, down from $30.7 million in Q2 2024.
-   **Gross Margin**: 5% for Q2 2025, down from 28% in Q2 2024.

### Digital Asset Hosted Mining Segment

-   **Revenue**: $5.6 million for Q2 2025, down from $24.8 million in Q2 2024.
-   **Cost of Revenue**: $4.6 million for Q2 2025, down from $17.4 million in Q2 2024.
-   **Gross Profit**: $1.1 million for Q2 2025, down from $7.4 million in Q2 2024.
-   **Gross Margin**: 19% for Q2 2025, down from 30% in Q2 2024.

### Colocation Segment

-   **Revenue**: $10.6 million for Q2 2025, up from $5.5 million in Q2 2024.
-   **Cost of Revenue**: $9.4 million for Q2 2025, up from $4.9 million in Q2 2024.
-   **Gross Profit**: $1.1 million for Q2 2025, up from $0.6 million in Q2 2024.
-   **Gross Margin**: 11% for Q2 2025, consistent with 11% in Q2 2024.

### Consolidated

-   **Total Revenue**: $78.6 million for Q2 2025, down from $141.1 million in Q2 2024.
-   **Total Cost of Revenue**: $73.6 million for Q2 2025, down from $102.3 million in Q2 2024.
-   **Gross Profit**: $5.0 million for Q2 2025, down from $38.8 million in Q2 2024.
-   **Gross Margin**: 6% for Q2 2025, down from 28% in Q2 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company is transitioning from bitcoin mining to high-density colocation services, aiming to provide more stable and predictable revenue streams. The company is constructing, refurbishing, reallocating, or converting most of its ten facilities to support artificial intelligence-related workloads and high-density colocation services for HPC customers. The company will continue to mine digital assets until it identifies actionable alternative high-density colocation service business opportunities.
-   **Non-Core Business**: The company is focusing on expanding its high-density colocation customer base and increasing available infrastructure to provide high-density colocation services to HPC customers. The company is also seeking additional opportunities and engaging additional customers in the high-density colocation services segment to expand its business into these areas.
-   **Priority**: The company is prioritizing the transition to high-density colocation services, with a focus on leveraging its existing infrastructure and expertise to support HPC workloads and artificial intelligence-related applications. The company is also focusing on meeting its fiscal 2025 ready-for-service dates and expanding its high-density colocation customer base.

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