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Side-by-side financial comparison of Core Scientific, Inc. (CORZ) and Lifeway Foods, Inc. (LWAY). Click either name above to swap in a different company.
Core Scientific, Inc. is the larger business by last-quarter revenue ($79.8M vs $55.4M, roughly 1.4× Lifeway Foods, Inc.). Core Scientific, Inc. runs the higher net margin — 268.5% vs 4.6%, a 263.9% gap on every dollar of revenue. On growth, Lifeway Foods, Inc. posted the faster year-over-year revenue change (18.0% vs -16.0%). Lifeway Foods, Inc. produced more free cash flow last quarter ($-17.4M vs $-450.8M). Over the past eight quarters, Lifeway Foods, Inc.'s revenue compounded faster (11.4% 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.
Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.
CORZ vs LWAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.8M | $55.4M |
| Net Profit | $214.2M | $2.5M |
| Gross Margin | 26.0% | 27.8% |
| Operating Margin | -149.5% | 6.8% |
| Net Margin | 268.5% | 4.6% |
| Revenue YoY | -16.0% | 18.0% |
| Net Profit YoY | 180.6% | 1688.1% |
| EPS (diluted) | $-1.63 | $0.15 |
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 | $55.4M | ||
| Q3 25 | $81.1M | $57.1M | ||
| Q2 25 | $78.6M | $53.9M | ||
| Q1 25 | $79.5M | $46.1M | ||
| Q4 24 | $94.9M | $46.9M | ||
| Q3 24 | $95.4M | $46.1M | ||
| Q2 24 | $141.1M | $49.2M | ||
| Q1 24 | $179.3M | $44.6M |
| Q4 25 | $214.2M | $2.5M | ||
| Q3 25 | $-144.0M | $3.5M | ||
| Q2 25 | $-936.8M | $4.2M | ||
| Q1 25 | $576.3M | $3.5M | ||
| Q4 24 | $-265.5M | $-160.0K | ||
| Q3 24 | $-455.3M | $3.0M | ||
| Q2 24 | $-902.2M | $3.8M | ||
| Q1 24 | $210.7M | $2.4M |
| Q4 25 | 26.0% | 27.8% | ||
| Q3 25 | 4.8% | 28.7% | ||
| Q2 25 | 6.4% | 28.6% | ||
| Q1 25 | 10.3% | 23.9% | ||
| Q4 24 | 5.0% | 25.3% | ||
| Q3 24 | -0.2% | 25.7% | ||
| Q2 24 | 27.5% | 27.0% | ||
| Q1 24 | 43.3% | 25.8% |
| Q4 25 | -149.5% | 6.8% | ||
| Q3 25 | -67.6% | 8.8% | ||
| Q2 25 | -33.4% | 10.8% | ||
| Q1 25 | -59.1% | 3.4% | ||
| Q4 24 | -41.9% | 1.5% | ||
| Q3 24 | -43.2% | 9.1% | ||
| Q2 24 | -64.3% | 11.0% | ||
| Q1 24 | 30.8% | 8.0% |
| Q4 25 | 268.5% | 4.6% | ||
| Q3 25 | -177.6% | 6.2% | ||
| Q2 25 | -1191.4% | 7.9% | ||
| Q1 25 | 724.6% | 7.7% | ||
| Q4 24 | -279.7% | -0.3% | ||
| Q3 24 | -477.4% | 6.5% | ||
| Q2 24 | -639.4% | 7.7% | ||
| Q1 24 | 117.5% | 5.4% |
| Q4 25 | $-1.63 | $0.15 | ||
| Q3 25 | $-0.45 | $0.23 | ||
| Q2 25 | $-0.04 | $0.28 | ||
| Q1 25 | $1.24 | $0.23 | ||
| Q4 24 | $0.51 | $0.00 | ||
| Q3 24 | $-1.17 | $0.19 | ||
| Q2 24 | $-5.05 | $0.25 | ||
| Q1 24 | $0.78 | $0.16 |
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 | $5.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-962.7M | $85.8M |
| Total Assets | $2.3B | $105.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.4M | $5.6M | ||
| Q3 25 | $453.4M | $23.0M | ||
| Q2 25 | $581.3M | $21.2M | ||
| Q1 25 | $697.9M | $19.4M | ||
| Q4 24 | $836.2M | $16.7M | ||
| Q3 24 | $253.0M | $20.6M | ||
| Q2 24 | $96.1M | $14.6M | ||
| Q1 24 | $98.1M | $12.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $2.5M |
| Q4 25 | $-962.7M | $85.8M | ||
| Q3 25 | $-1.3B | $82.8M | ||
| Q2 25 | $-1.2B | $78.7M | ||
| Q1 25 | $-308.8M | $74.2M | ||
| Q4 24 | $-943.0M | $71.9M | ||
| Q3 24 | $-826.7M | $71.5M | ||
| Q2 24 | $-1.2B | $68.0M | ||
| Q1 24 | $-318.5M | $63.5M |
| Q4 25 | $2.3B | $105.6M | ||
| Q3 25 | $2.2B | $109.5M | ||
| Q2 25 | $1.9B | $98.3M | ||
| Q1 25 | $1.5B | $93.7M | ||
| Q4 24 | $1.5B | $90.5M | ||
| Q3 24 | $824.6M | $91.3M | ||
| Q2 24 | $664.2M | $84.9M | ||
| Q1 24 | $814.0M | $82.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.04× |
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 | $267.0K |
| Free Cash FlowOCF − Capex | $-450.8M | $-17.4M |
| FCF MarginFCF / Revenue | -565.1% | -31.5% |
| Capex IntensityCapex / Revenue | 914.0% | 31.9% |
| Cash ConversionOCF / Net Profit | 1.30× | 0.11× |
| TTM Free Cash FlowTrailing 4 quarters | $-779.8M | $-16.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.3M | $267.0K | ||
| Q3 25 | $131.8M | $6.9M | ||
| Q2 25 | $34.0M | $3.9M | ||
| Q1 25 | $-45.0M | $-150.0K | ||
| Q4 24 | $42.9M | $-2.6M | ||
| Q3 24 | $5.7M | $7.5M | ||
| Q2 24 | $1.2M | $6.5M | ||
| Q1 24 | $22.2M | $1.5M |
| Q4 25 | $-450.8M | $-17.4M | ||
| Q3 25 | $-112.7M | $1.8M | ||
| Q2 25 | $-87.3M | $1.6M | ||
| Q1 25 | $-129.0M | $-2.4M | ||
| Q4 24 | $-52.1M | $-3.8M | ||
| Q3 24 | $-25.5M | $5.9M | ||
| Q2 24 | $-1.9M | $5.1M | ||
| Q1 24 | $-9.7M | $-923.0K |
| Q4 25 | -565.1% | -31.5% | ||
| Q3 25 | -139.0% | 3.1% | ||
| Q2 25 | -111.0% | 3.0% | ||
| Q1 25 | -162.2% | -5.1% | ||
| Q4 24 | -54.8% | -8.2% | ||
| Q3 24 | -26.7% | 12.8% | ||
| Q2 24 | -1.4% | 10.4% | ||
| Q1 24 | -5.4% | -2.1% |
| Q4 25 | 914.0% | 31.9% | ||
| Q3 25 | 301.5% | 9.0% | ||
| Q2 25 | 154.2% | 4.3% | ||
| Q1 25 | 105.6% | 4.8% | ||
| Q4 24 | 100.0% | 2.7% | ||
| Q3 24 | 32.7% | 3.3% | ||
| Q2 24 | 2.2% | 2.9% | ||
| Q1 24 | 17.8% | 5.5% |
| Q4 25 | 1.30× | 0.11× | ||
| Q3 25 | — | 1.96× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | -0.08× | -0.04× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.50× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | 0.11× | 0.64× |
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% |
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
