---
title: "Core Scientifc - CW27 | 10-Q: FY2025 Q3 Revenue: USD 81.1 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262683485.md"
datetime: "2025-10-24T20:16:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262683485.md)
  - [en](https://longbridge.com/en/news/262683485.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262683485.md)
generator: "portal-rs"
---

# Core Scientifc - CW27 | 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 -56.6 M.

### Digital Asset Self-Mining Segment

-   **Revenue**: $187.0 million for the nine months ended September 30, 2025, a decrease from $328.8 million in the same period in 2024.
-   **Cost of Digital Asset Self-Mining**: $180.2 million for the nine months ended September 30, 2025, down from $236.1 million in 2024.
-   **Gross Profit**: $6.8 million for the nine months ended September 30, 2025, compared to $92.7 million in 2024.
-   **Gross Margin**: 4% for the nine months ended September 30, 2025, down from 28% in 2024.

### Digital Asset Hosted Mining Segment

-   **Revenue**: $18.1 million for the nine months ended September 30, 2025, a decrease from $71.1 million in 2024.
-   **Cost of Digital Asset Hosted Mining Services**: $13.3 million for the nine months ended September 30, 2025, down from $49.4 million in 2024.
-   **Gross Profit**: $4.8 million for the nine months ended September 30, 2025, compared to $21.7 million in 2024.
-   **Gross Margin**: 27% for the nine months ended September 30, 2025, down from 30% in 2024.

### Colocation Segment

-   **Revenue**: $34.1 million for the nine months ended September 30, 2025, up from $15.9 million in 2024.
-   **Cost of Colocation Services**: $28.6 million for the nine months ended September 30, 2025, up from $13.9 million in 2024.
-   **Gross Profit**: $5.5 million for the nine months ended September 30, 2025, compared to $1.9 million in 2024.
-   **Gross Margin**: 16% for the nine months ended September 30, 2025, up from 12% in 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to continue its strategic transition from bitcoin mining to high-density colocation services, aiming 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, retaining access to electrical power and maximizing the value of its digital asset mining equipment.

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

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