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Side-by-side financial comparison of Core Scientific, Inc. (CORZ) and Cytek Biosciences, Inc. (CTKB). Click either name above to swap in a different company.
Core Scientific, Inc. is the larger business by last-quarter revenue ($79.8M vs $62.1M, roughly 1.3× Cytek Biosciences, Inc.). Core Scientific, Inc. runs the higher net margin — 268.5% vs -70.9%, a 339.4% gap on every dollar of revenue. On growth, Cytek Biosciences, Inc. posted the faster year-over-year revenue change (8.1% vs -16.0%). Cytek Biosciences, Inc. produced more free cash flow last quarter ($-1.8M vs $-450.8M). Over the past eight quarters, Cytek Biosciences, Inc.'s revenue compounded faster (17.7% CAGR vs -33.3%).
Core Scientific is a leading digital asset and high-performance computing infrastructure provider. It operates large energy-efficient data centers across North America, offering cryptocurrency mining services, colocation hosting for blockchain and AI clients, and custom high-performance computing solutions for enterprise tech segments.
Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.
CORZ vs CTKB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.8M | $62.1M |
| Net Profit | $214.2M | $-44.1M |
| Gross Margin | 26.0% | 52.9% |
| Operating Margin | -149.5% | -9.0% |
| Net Margin | 268.5% | -70.9% |
| Revenue YoY | -16.0% | 8.1% |
| Net Profit YoY | 180.6% | -557.1% |
| EPS (diluted) | $-1.63 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $79.8M | $62.1M | ||
| Q3 25 | $81.1M | $52.3M | ||
| Q2 25 | $78.6M | $45.6M | ||
| Q1 25 | $79.5M | $41.5M | ||
| Q4 24 | $94.9M | $57.5M | ||
| Q3 24 | $95.4M | $51.5M | ||
| Q2 24 | $141.1M | $46.6M | ||
| Q1 24 | $179.3M | $44.9M |
| Q4 25 | $214.2M | $-44.1M | ||
| Q3 25 | $-144.0M | $-5.5M | ||
| Q2 25 | $-936.8M | $-5.6M | ||
| Q1 25 | $576.3M | $-11.4M | ||
| Q4 24 | $-265.5M | $9.6M | ||
| Q3 24 | $-455.3M | $941.0K | ||
| Q2 24 | $-902.2M | $-10.4M | ||
| Q1 24 | $210.7M | $-6.2M |
| Q4 25 | 26.0% | 52.9% | ||
| Q3 25 | 4.8% | 52.7% | ||
| Q2 25 | 6.4% | 52.3% | ||
| Q1 25 | 10.3% | 48.6% | ||
| Q4 24 | 5.0% | 58.5% | ||
| Q3 24 | -0.2% | 56.3% | ||
| Q2 24 | 27.5% | 54.6% | ||
| Q1 24 | 43.3% | 51.3% |
| Q4 25 | -149.5% | -9.0% | ||
| Q3 25 | -67.6% | -17.6% | ||
| Q2 25 | -33.4% | -23.3% | ||
| Q1 25 | -59.1% | -36.1% | ||
| Q4 24 | -41.9% | 5.2% | ||
| Q3 24 | -43.2% | -8.2% | ||
| Q2 24 | -64.3% | -18.3% | ||
| Q1 24 | 30.8% | -23.9% |
| Q4 25 | 268.5% | -70.9% | ||
| Q3 25 | -177.6% | -10.5% | ||
| Q2 25 | -1191.4% | -12.2% | ||
| Q1 25 | 724.6% | -27.5% | ||
| Q4 24 | -279.7% | 16.8% | ||
| Q3 24 | -477.4% | 1.8% | ||
| Q2 24 | -639.4% | -22.4% | ||
| Q1 24 | 117.5% | -13.8% |
| Q4 25 | $-1.63 | — | ||
| Q3 25 | $-0.45 | — | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $1.24 | — | ||
| Q4 24 | $0.51 | — | ||
| Q3 24 | $-1.17 | — | ||
| Q2 24 | $-5.05 | — | ||
| Q1 24 | $0.78 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $311.4M | $90.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-962.7M | $341.7M |
| Total Assets | $2.3B | $461.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.4M | $90.9M | ||
| Q3 25 | $453.4M | $93.3M | ||
| Q2 25 | $581.3M | $75.5M | ||
| Q1 25 | $697.9M | $95.3M | ||
| Q4 24 | $836.2M | $98.7M | ||
| Q3 24 | $253.0M | $162.3M | ||
| Q2 24 | $96.1M | $177.9M | ||
| Q1 24 | $98.1M | $168.8M |
| Q4 25 | $-962.7M | $341.7M | ||
| Q3 25 | $-1.3B | $378.6M | ||
| Q2 25 | $-1.2B | $377.6M | ||
| Q1 25 | $-308.8M | $379.6M | ||
| Q4 24 | $-943.0M | $395.7M | ||
| Q3 24 | $-826.7M | $385.5M | ||
| Q2 24 | $-1.2B | $389.1M | ||
| Q1 24 | $-318.5M | $392.6M |
| Q4 25 | $2.3B | $461.5M | ||
| Q3 25 | $2.2B | $494.9M | ||
| Q2 25 | $1.9B | $493.3M | ||
| Q1 25 | $1.5B | $482.6M | ||
| Q4 24 | $1.5B | $499.5M | ||
| Q3 24 | $824.6M | $491.2M | ||
| Q2 24 | $664.2M | $483.7M | ||
| Q1 24 | $814.0M | $492.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $278.3M | $-771.0K |
| Free Cash FlowOCF − Capex | $-450.8M | $-1.8M |
| FCF MarginFCF / Revenue | -565.1% | -2.9% |
| Capex IntensityCapex / Revenue | 914.0% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-779.8M | $-8.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.3M | $-771.0K | ||
| Q3 25 | $131.8M | $-3.9M | ||
| Q2 25 | $34.0M | $108.0K | ||
| Q1 25 | $-45.0M | $-125.0K | ||
| Q4 24 | $42.9M | $2.0M | ||
| Q3 24 | $5.7M | $13.2M | ||
| Q2 24 | $1.2M | $6.2M | ||
| Q1 24 | $22.2M | $4.0M |
| Q4 25 | $-450.8M | $-1.8M | ||
| Q3 25 | $-112.7M | $-4.6M | ||
| Q2 25 | $-87.3M | $-1.5M | ||
| Q1 25 | $-129.0M | $-974.0K | ||
| Q4 24 | $-52.1M | $1.1M | ||
| Q3 24 | $-25.5M | $12.2M | ||
| Q2 24 | $-1.9M | $5.2M | ||
| Q1 24 | $-9.7M | $3.4M |
| Q4 25 | -565.1% | -2.9% | ||
| Q3 25 | -139.0% | -8.7% | ||
| Q2 25 | -111.0% | -3.2% | ||
| Q1 25 | -162.2% | -2.3% | ||
| Q4 24 | -54.8% | 1.9% | ||
| Q3 24 | -26.7% | 23.7% | ||
| Q2 24 | -1.4% | 11.0% | ||
| Q1 24 | -5.4% | 7.6% |
| Q4 25 | 914.0% | 1.6% | ||
| Q3 25 | 301.5% | 1.3% | ||
| Q2 25 | 154.2% | 3.5% | ||
| Q1 25 | 105.6% | 2.0% | ||
| Q4 24 | 100.0% | 1.6% | ||
| Q3 24 | 32.7% | 2.0% | ||
| Q2 24 | 2.2% | 2.3% | ||
| Q1 24 | 17.8% | 1.3% |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 14.05× | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.11× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CORZ
| Other | $36.3M | 46% |
| Digital Asset Self Mining Service | $31.8M | 40% |
| Colocation Service | $11.6M | 15% |
CTKB
| Products | $46.6M | 75% |
| Services | $15.5M | 25% |
