---
title: "Core Scientifc - CW29 | 10-Q: FY2025 Q3 Revenue: USD 81.1 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262683471.md"
datetime: "2025-10-24T20:16:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262683471.md)
  - [en](https://longbridge.com/en/news/262683471.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262683471.md)
generator: "portal-rs"
---

# Core Scientifc - CW29 | 10-Q: FY2025 Q3 Revenue: USD 81.1 M

Revenue: As of FY2025 Q3, the actual value is USD 81.1 M.

EPS: As of FY2025 Q3, the actual value is USD -0.46.

EBIT: As of FY2025 Q3, the actual value is USD -58.25 M.

### Digital Asset Self-Mining Segment

-   **Revenue**: $57.4 million for Q3 2025, a decrease from $68.1 million in Q3 2024.
-   **Cost of Revenue**: $59.4 million for Q3 2025, down from $74.6 million in Q3 2024.
-   **Gross Loss**: - $2.0 million for Q3 2025, compared to - $6.4 million in Q3 2024.
-   **Gross Margin**: -3% for Q3 2025, improved from -9% in Q3 2024.

### Digital Asset Hosted Mining Segment

-   **Revenue**: $8.7 million for Q3 2025, a decrease from $16.9 million in Q3 2024.
-   **Cost of Revenue**: $6.7 million for Q3 2025, down from $11.9 million in Q3 2024.
-   **Gross Profit**: $2.0 million for Q3 2025, compared to $5.0 million in Q3 2024.
-   **Gross Margin**: 23% for Q3 2025, down from 29% in Q3 2024.

### Colocation Segment

-   **Revenue**: $15.0 million for Q3 2025, up from $10.3 million in Q3 2024.
-   **Cost of Revenue**: $11.1 million for Q3 2025, up from $9.0 million in Q3 2024.
-   **Gross Profit**: $3.9 million for Q3 2025, compared to $1.3 million in Q3 2024.
-   **Gross Margin**: 26% for Q3 2025, up from 13% in Q3 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to transition from bitcoin mining to high-density colocation services, expecting to deliver 250MW of billable capacity by the end of 2025.
-   **Non-Core Business**: The company intends to repurpose its remaining facilities used in digital asset mining to support high-density colocation computing services as circumstances allow.

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- [CORZZ.US](https://longbridge.com/en/quote/CORZZ.US.md)

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