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CORZ (Core Scientific) Tax Rate % : -0.14% (As of Dec. 2024)


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What is Core Scientific Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Core Scientific's Tax Expense for the three months ended in Dec. 2024 was $0.4 Mil. Core Scientific's Pre-Tax Income for the three months ended in Dec. 2024 was $-265.2 Mil. Therefore, Core Scientific's Tax Rate % for the quarter that ended in Dec. 2024 was -0.14%.

Core Scientific Tax Rate % Historical Data

The historical data trend for Core Scientific's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Core Scientific Tax Rate % Chart

Core Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial - 24.99 0.79 -0.28 -0.07

Core Scientific Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.17 0.10 -0.02 -0.03 -0.14

Core Scientific Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Core Scientific's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=0.859/-1314.146
=-0.07 %

Core Scientific's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.375/-265.166
=-0.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Core Scientific Tax Rate % Related Terms

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Core Scientific Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Core Scientific Inc (NAS:CORZ) » Definitions » Tax Rate %
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Traded in Other Exchanges
7ZD:Germany
Address
838 Walker Road, Suite 21-2105, Dover, DE, USA, 19904
Website
https://www.corescientific.com
Core Scientific Inc is engaged in designing, building and operating digital infrastructure for high-performance computing. The business operates in three operating segments; Digital Asset Self-Mining, consisting of performing digital asset mining for the own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and HPC Hosting, consisting of providing hosting services to third parties for graphics processing unit (GPU) based HPC hosting operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.