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Side-by-side financial comparison of Core Scientific, Inc. (CORZ) and Plymouth Industrial REIT, Inc. (PLYM). Click either name above to swap in a different company.
Core Scientific, Inc. is the larger business by last-quarter revenue ($79.8M vs $51.2M, roughly 1.6× Plymouth Industrial REIT, Inc.). Core Scientific, Inc. runs the higher net margin — 268.5% vs -106.3%, a 374.7% gap on every dollar of revenue. On growth, Plymouth Industrial REIT, Inc. posted the faster year-over-year revenue change (-1.4% vs -16.0%). Over the past eight quarters, Plymouth Industrial REIT, Inc.'s revenue compounded faster (0.4% 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.
Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality industrial properties including distribution centers, warehouses, and light industrial facilities across key U.S. logistics hubs. It serves tenants in e-commerce, retail, manufacturing, and third-party logistics sectors, supporting diverse business supply chain needs.
CORZ vs PLYM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.8M | $51.2M |
| Net Profit | $214.2M | $-54.4M |
| Gross Margin | 26.0% | — |
| Operating Margin | -149.5% | -102.5% |
| Net Margin | 268.5% | -106.3% |
| Revenue YoY | -16.0% | -1.4% |
| Net Profit YoY | 180.6% | -248.5% |
| EPS (diluted) | $-1.63 | $-1.23 |
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 | — | ||
| Q3 25 | $81.1M | $51.2M | ||
| Q2 25 | $78.6M | $47.2M | ||
| Q1 25 | $79.5M | $45.6M | ||
| Q4 24 | $94.9M | $47.6M | ||
| Q3 24 | $95.4M | $51.9M | ||
| Q2 24 | $141.1M | $48.7M | ||
| Q1 24 | $179.3M | $50.2M |
| Q4 25 | $214.2M | — | ||
| Q3 25 | $-144.0M | $-54.4M | ||
| Q2 25 | $-936.8M | $-6.1M | ||
| Q1 25 | $576.3M | $5.8M | ||
| Q4 24 | $-265.5M | $147.4M | ||
| Q3 24 | $-455.3M | $-15.6M | ||
| Q2 24 | $-902.2M | $1.3M | ||
| Q1 24 | $210.7M | $6.2M |
| Q4 25 | 26.0% | — | ||
| Q3 25 | 4.8% | — | ||
| Q2 25 | 6.4% | — | ||
| Q1 25 | 10.3% | — | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | -0.2% | — | ||
| Q2 24 | 27.5% | — | ||
| Q1 24 | 43.3% | — |
| Q4 25 | -149.5% | — | ||
| Q3 25 | -67.6% | -102.5% | ||
| Q2 25 | -33.4% | -10.3% | ||
| Q1 25 | -59.1% | — | ||
| Q4 24 | -41.9% | — | ||
| Q3 24 | -43.2% | -29.6% | ||
| Q2 24 | -64.3% | 2.7% | ||
| Q1 24 | 30.8% | — |
| Q4 25 | 268.5% | — | ||
| Q3 25 | -177.6% | -106.3% | ||
| Q2 25 | -1191.4% | -12.9% | ||
| Q1 25 | 724.6% | 12.8% | ||
| Q4 24 | -279.7% | 309.9% | ||
| Q3 24 | -477.4% | -30.1% | ||
| Q2 24 | -639.4% | 2.7% | ||
| Q1 24 | 117.5% | 12.4% |
| Q4 25 | $-1.63 | — | ||
| Q3 25 | $-0.45 | $-1.23 | ||
| Q2 25 | $-0.04 | $-0.14 | ||
| Q1 25 | $1.24 | $0.13 | ||
| Q4 24 | $0.51 | $3.24 | ||
| Q3 24 | $-1.17 | $-0.35 | ||
| Q2 24 | $-5.05 | $0.03 | ||
| Q1 24 | $0.78 | $0.14 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-962.7M | $470.1M |
| Total Assets | $2.3B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.4M | — | ||
| Q3 25 | $453.4M | — | ||
| Q2 25 | $581.3M | — | ||
| Q1 25 | $697.9M | — | ||
| Q4 24 | $836.2M | — | ||
| Q3 24 | $253.0M | — | ||
| Q2 24 | $96.1M | — | ||
| Q1 24 | $98.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $646.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-962.7M | — | ||
| Q3 25 | $-1.3B | $470.1M | ||
| Q2 25 | $-1.2B | $539.6M | ||
| Q1 25 | $-308.8M | $571.0M | ||
| Q4 24 | $-943.0M | $579.5M | ||
| Q3 24 | $-826.7M | $436.5M | ||
| Q2 24 | $-1.2B | $475.2M | ||
| Q1 24 | $-318.5M | $484.6M |
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | $1.6B | ||
| Q2 25 | $1.9B | $1.6B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.5B | $1.4B | ||
| Q3 24 | $824.6M | $1.5B | ||
| Q2 24 | $664.2M | $1.4B | ||
| Q1 24 | $814.0M | $1.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $20.0M |
| Free Cash FlowOCF − Capex | $-450.8M | — |
| FCF MarginFCF / Revenue | -565.1% | — |
| Capex IntensityCapex / Revenue | 914.0% | — |
| Cash ConversionOCF / Net Profit | 1.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-779.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.3M | — | ||
| Q3 25 | $131.8M | $20.0M | ||
| Q2 25 | $34.0M | $23.4M | ||
| Q1 25 | $-45.0M | $15.6M | ||
| Q4 24 | $42.9M | $96.1M | ||
| Q3 24 | $5.7M | $17.6M | ||
| Q2 24 | $1.2M | $19.9M | ||
| Q1 24 | $22.2M | $16.6M |
| Q4 25 | $-450.8M | — | ||
| Q3 25 | $-112.7M | — | ||
| Q2 25 | $-87.3M | — | ||
| Q1 25 | $-129.0M | — | ||
| Q4 24 | $-52.1M | — | ||
| Q3 24 | $-25.5M | — | ||
| Q2 24 | $-1.9M | — | ||
| Q1 24 | $-9.7M | — |
| Q4 25 | -565.1% | — | ||
| Q3 25 | -139.0% | — | ||
| Q2 25 | -111.0% | — | ||
| Q1 25 | -162.2% | — | ||
| Q4 24 | -54.8% | — | ||
| Q3 24 | -26.7% | — | ||
| Q2 24 | -1.4% | — | ||
| Q1 24 | -5.4% | — |
| Q4 25 | 914.0% | — | ||
| Q3 25 | 301.5% | — | ||
| Q2 25 | 154.2% | — | ||
| Q1 25 | 105.6% | — | ||
| Q4 24 | 100.0% | — | ||
| Q3 24 | 32.7% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 17.8% | — |
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | 2.67× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 15.12× | ||
| Q1 24 | 0.11× | 2.67× |
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% |
PLYM
Segment breakdown not available.
