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Side-by-side financial comparison of Core Scientific, Inc. (CORZ) and Inogen Inc (INGN). Click either name above to swap in a different company.
Core Scientific, Inc. is the larger business by last-quarter revenue ($79.8M vs $68.6M, roughly 1.2× Inogen Inc). On growth, Inogen Inc posted the faster year-over-year revenue change (3.4% vs -16.0%). Inogen Inc produced more free cash flow last quarter ($-1.9M vs $-450.8M). Over the past eight quarters, Inogen Inc's revenue compounded faster (4.2% 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.
Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.
CORZ vs INGN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.8M | $68.6M |
| Net Profit | $214.2M | — |
| Gross Margin | 26.0% | 51.4% |
| Operating Margin | -149.5% | -13.6% |
| Net Margin | 268.5% | — |
| Revenue YoY | -16.0% | 3.4% |
| Net Profit YoY | 180.6% | — |
| EPS (diluted) | $-1.63 | $-0.26 |
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 | $68.6M | ||
| Q3 25 | $81.1M | $79.1M | ||
| Q2 25 | $78.6M | $79.2M | ||
| Q1 25 | $79.5M | $68.5M | ||
| Q4 24 | $94.9M | $66.3M | ||
| Q3 24 | $95.4M | $74.9M | ||
| Q2 24 | $141.1M | $74.4M | ||
| Q1 24 | $179.3M | $63.1M |
| Q4 25 | $214.2M | — | ||
| Q3 25 | $-144.0M | $-5.3M | ||
| Q2 25 | $-936.8M | $-4.2M | ||
| Q1 25 | $576.3M | $-6.2M | ||
| Q4 24 | $-265.5M | — | ||
| Q3 24 | $-455.3M | $-6.0M | ||
| Q2 24 | $-902.2M | $-5.6M | ||
| Q1 24 | $210.7M | $-14.6M |
| Q4 25 | 26.0% | 51.4% | ||
| Q3 25 | 4.8% | 52.2% | ||
| Q2 25 | 6.4% | 52.2% | ||
| Q1 25 | 10.3% | 53.1% | ||
| Q4 24 | 5.0% | 54.7% | ||
| Q3 24 | -0.2% | 55.2% | ||
| Q2 24 | 27.5% | 57.4% | ||
| Q1 24 | 43.3% | 54.5% |
| Q4 25 | -149.5% | -13.6% | ||
| Q3 25 | -67.6% | -9.0% | ||
| Q2 25 | -33.4% | -7.7% | ||
| Q1 25 | -59.1% | -11.2% | ||
| Q4 24 | -41.9% | -17.2% | ||
| Q3 24 | -43.2% | -10.4% | ||
| Q2 24 | -64.3% | -9.5% | ||
| Q1 24 | 30.8% | -25.8% |
| Q4 25 | 268.5% | — | ||
| Q3 25 | -177.6% | -6.7% | ||
| Q2 25 | -1191.4% | -5.2% | ||
| Q1 25 | 724.6% | -9.0% | ||
| Q4 24 | -279.7% | — | ||
| Q3 24 | -477.4% | -8.0% | ||
| Q2 24 | -639.4% | -7.5% | ||
| Q1 24 | 117.5% | -23.1% |
| Q4 25 | $-1.63 | $-0.26 | ||
| Q3 25 | $-0.45 | $-0.20 | ||
| Q2 25 | $-0.04 | $-0.15 | ||
| Q1 25 | $1.24 | $-0.25 | ||
| Q4 24 | $0.51 | $-0.41 | ||
| Q3 24 | $-1.17 | $-0.25 | ||
| Q2 24 | $-5.05 | $-0.24 | ||
| Q1 24 | $0.78 | $-0.62 |
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 | $103.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-962.7M | $192.2M |
| Total Assets | $2.3B | $298.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.4M | $103.7M | ||
| Q3 25 | $453.4M | $106.5M | ||
| Q2 25 | $581.3M | $103.7M | ||
| Q1 25 | $697.9M | $118.9M | ||
| Q4 24 | $836.2M | $113.8M | ||
| Q3 24 | $253.0M | $105.7M | ||
| Q2 24 | $96.1M | $97.9M | ||
| Q1 24 | $98.1M | $107.4M |
| Q4 25 | $-962.7M | $192.2M | ||
| Q3 25 | $-1.3B | $197.2M | ||
| Q2 25 | $-1.2B | $199.5M | ||
| Q1 25 | $-308.8M | $198.0M | ||
| Q4 24 | $-943.0M | $173.9M | ||
| Q3 24 | $-826.7M | $185.4M | ||
| Q2 24 | $-1.2B | $187.6M | ||
| Q1 24 | $-318.5M | $191.9M |
| Q4 25 | $2.3B | $298.6M | ||
| Q3 25 | $2.2B | $307.0M | ||
| Q2 25 | $1.9B | $312.0M | ||
| Q1 25 | $1.5B | $308.4M | ||
| Q4 24 | $1.5B | $296.2M | ||
| Q3 24 | $824.6M | $306.2M | ||
| Q2 24 | $664.2M | $308.9M | ||
| Q1 24 | $814.0M | $315.6M |
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 | $-943.0K |
| Free Cash FlowOCF − Capex | $-450.8M | $-1.9M |
| FCF MarginFCF / Revenue | -565.1% | -2.8% |
| Capex IntensityCapex / Revenue | 914.0% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-779.8M | $-13.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.3M | $-943.0K | ||
| Q3 25 | $131.8M | $2.2M | ||
| Q2 25 | $34.0M | $4.3M | ||
| Q1 25 | $-45.0M | $-16.8M | ||
| Q4 24 | $42.9M | $-3.0M | ||
| Q3 24 | $5.7M | $7.0M | ||
| Q2 24 | $1.2M | $6.7M | ||
| Q1 24 | $22.2M | $-4.7M |
| Q4 25 | $-450.8M | $-1.9M | ||
| Q3 25 | $-112.7M | $1.6M | ||
| Q2 25 | $-87.3M | $3.7M | ||
| Q1 25 | $-129.0M | $-17.1M | ||
| Q4 24 | $-52.1M | $-3.3M | ||
| Q3 24 | $-25.5M | $5.3M | ||
| Q2 24 | $-1.9M | $6.6M | ||
| Q1 24 | $-9.7M | $-6.1M |
| Q4 25 | -565.1% | -2.8% | ||
| Q3 25 | -139.0% | 2.0% | ||
| Q2 25 | -111.0% | 4.6% | ||
| Q1 25 | -162.2% | -24.9% | ||
| Q4 24 | -54.8% | -5.0% | ||
| Q3 24 | -26.7% | 7.1% | ||
| Q2 24 | -1.4% | 8.9% | ||
| Q1 24 | -5.4% | -9.6% |
| Q4 25 | 914.0% | 1.4% | ||
| Q3 25 | 301.5% | 0.7% | ||
| Q2 25 | 154.2% | 0.9% | ||
| Q1 25 | 105.6% | 0.4% | ||
| Q4 24 | 100.0% | 0.5% | ||
| Q3 24 | 32.7% | 2.2% | ||
| Q2 24 | 2.2% | 0.1% | ||
| Q1 24 | 17.8% | 2.1% |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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% |
INGN
| Other | $36.1M | 53% |
| Non Us | $32.5M | 47% |
