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Side-by-side financial comparison of Core Scientific, Inc. (CORZ) and DULUTH HOLDINGS INC. (DLTH). Click either name above to swap in a different company.
DULUTH HOLDINGS INC. is the larger business by last-quarter revenue ($114.9M vs $79.8M, roughly 1.4× Core Scientific, Inc.). Core Scientific, Inc. runs the higher net margin — 268.5% vs -8.8%, a 277.3% gap on every dollar of revenue. On growth, DULUTH HOLDINGS INC. posted the faster year-over-year revenue change (-9.6% vs -16.0%). DULUTH HOLDINGS INC. produced more free cash flow last quarter ($-8.9M vs $-450.8M). Over the past eight quarters, DULUTH HOLDINGS INC.'s revenue compounded faster (-31.6% 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.
Duluth Holdings Inc., which primarily sells goods through its Duluth Trading Company brand, is an American workwear and accessories company.
CORZ vs DLTH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $79.8M | $114.9M |
| Net Profit | $214.2M | $-10.1M |
| Gross Margin | 26.0% | 53.8% |
| Operating Margin | -149.5% | -7.7% |
| Net Margin | 268.5% | -8.8% |
| Revenue YoY | -16.0% | -9.6% |
| Net Profit YoY | 180.6% | 64.6% |
| EPS (diluted) | $-1.63 | $-0.29 |
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 | $114.9M | ||
| Q3 25 | $81.1M | $131.7M | ||
| Q2 25 | $78.6M | $102.7M | ||
| Q1 25 | $79.5M | $241.3M | ||
| Q4 24 | $94.9M | $127.1M | ||
| Q3 24 | $95.4M | $141.6M | ||
| Q2 24 | $141.1M | $116.7M | ||
| Q1 24 | $179.3M | $245.6M |
| Q4 25 | $214.2M | $-10.1M | ||
| Q3 25 | $-144.0M | $1.3M | ||
| Q2 25 | $-936.8M | $-15.3M | ||
| Q1 25 | $576.3M | $-5.6M | ||
| Q4 24 | $-265.5M | $-28.2M | ||
| Q3 24 | $-455.3M | $-2.0M | ||
| Q2 24 | $-902.2M | $-7.9M | ||
| Q1 24 | $210.7M | $6.4M |
| Q4 25 | 26.0% | 53.8% | ||
| Q3 25 | 4.8% | 54.7% | ||
| Q2 25 | 6.4% | 52.0% | ||
| Q1 25 | 10.3% | 44.1% | ||
| Q4 24 | 5.0% | 52.3% | ||
| Q3 24 | -0.2% | 52.3% | ||
| Q2 24 | 27.5% | 52.8% | ||
| Q1 24 | 43.3% | 48.2% |
| Q4 25 | -149.5% | -7.7% | ||
| Q3 25 | -67.6% | 1.8% | ||
| Q2 25 | -33.4% | -12.0% | ||
| Q1 25 | -59.1% | -1.8% | ||
| Q4 24 | -41.9% | -17.4% | ||
| Q3 24 | -43.2% | -1.1% | ||
| Q2 24 | -64.3% | -7.7% | ||
| Q1 24 | 30.8% | 3.6% |
| Q4 25 | 268.5% | -8.8% | ||
| Q3 25 | -177.6% | 1.0% | ||
| Q2 25 | -1191.4% | -14.9% | ||
| Q1 25 | 724.6% | -2.3% | ||
| Q4 24 | -279.7% | -22.2% | ||
| Q3 24 | -477.4% | -1.4% | ||
| Q2 24 | -639.4% | -6.7% | ||
| Q1 24 | 117.5% | 2.6% |
| Q4 25 | $-1.63 | $-0.29 | ||
| Q3 25 | $-0.45 | $0.04 | ||
| Q2 25 | $-0.04 | $-0.45 | ||
| Q1 25 | $1.24 | $-0.17 | ||
| Q4 24 | $0.51 | $-0.84 | ||
| Q3 24 | $-1.17 | $-0.06 | ||
| Q2 24 | $-5.05 | $-0.24 | ||
| Q1 24 | $0.78 | $0.20 |
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 | $8.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-962.7M | $160.6M |
| Total Assets | $2.3B | $468.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.4M | $8.2M | ||
| Q3 25 | $453.4M | $5.7M | ||
| Q2 25 | $581.3M | $8.6M | ||
| Q1 25 | $697.9M | $3.3M | ||
| Q4 24 | $836.2M | $9.3M | ||
| Q3 24 | $253.0M | $9.8M | ||
| Q2 24 | $96.1M | $6.8M | ||
| Q1 24 | $98.1M | $32.2M |
| Q4 25 | $-962.7M | $160.6M | ||
| Q3 25 | $-1.3B | $170.0M | ||
| Q2 25 | $-1.2B | $167.9M | ||
| Q1 25 | $-308.8M | $182.7M | ||
| Q4 24 | $-943.0M | $188.1M | ||
| Q3 24 | $-826.7M | $215.7M | ||
| Q2 24 | $-1.2B | $218.4M | ||
| Q1 24 | $-318.5M | $222.8M |
| Q4 25 | $2.3B | $468.0M | ||
| Q3 25 | $2.2B | $433.8M | ||
| Q2 25 | $1.9B | $463.7M | ||
| Q1 25 | $1.5B | $452.4M | ||
| Q4 24 | $1.5B | $533.1M | ||
| Q3 24 | $824.6M | $488.6M | ||
| Q2 24 | $664.2M | $471.4M | ||
| Q1 24 | $814.0M | $491.2M |
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 | $-6.7M |
| Free Cash FlowOCF − Capex | $-450.8M | $-8.9M |
| FCF MarginFCF / Revenue | -565.1% | -7.8% |
| Capex IntensityCapex / Revenue | 914.0% | 2.0% |
| Cash ConversionOCF / Net Profit | 1.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-779.8M | $1.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.3M | $-6.7M | ||
| Q3 25 | $131.8M | $32.0M | ||
| Q2 25 | $34.0M | $-56.5M | ||
| Q1 25 | $-45.0M | $41.2M | ||
| Q4 24 | $42.9M | $-41.1M | ||
| Q3 24 | $5.7M | $16.6M | ||
| Q2 24 | $1.2M | $-33.7M | ||
| Q1 24 | $22.2M | $69.7M |
| Q4 25 | $-450.8M | $-8.9M | ||
| Q3 25 | $-112.7M | $29.8M | ||
| Q2 25 | $-87.3M | $-57.8M | ||
| Q1 25 | $-129.0M | $38.7M | ||
| Q4 24 | $-52.1M | $-43.7M | ||
| Q3 24 | $-25.5M | $15.0M | ||
| Q2 24 | $-1.9M | $-35.2M | ||
| Q1 24 | $-9.7M | $60.6M |
| Q4 25 | -565.1% | -7.8% | ||
| Q3 25 | -139.0% | 22.6% | ||
| Q2 25 | -111.0% | -56.3% | ||
| Q1 25 | -162.2% | 16.0% | ||
| Q4 24 | -54.8% | -34.4% | ||
| Q3 24 | -26.7% | 10.6% | ||
| Q2 24 | -1.4% | -30.2% | ||
| Q1 24 | -5.4% | 24.7% |
| Q4 25 | 914.0% | 2.0% | ||
| Q3 25 | 301.5% | 1.7% | ||
| Q2 25 | 154.2% | 1.3% | ||
| Q1 25 | 105.6% | 1.0% | ||
| Q4 24 | 100.0% | 2.1% | ||
| Q3 24 | 32.7% | 1.2% | ||
| Q2 24 | 2.2% | 1.3% | ||
| Q1 24 | 17.8% | 3.7% |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | 25.40× | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.11× | 10.86× |
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% |
DLTH
| Sales Channel Directly To Consumer | $67.4M | 59% |
| Sales Channel Through Intermediary | $47.4M | 41% |
