vs
Side-by-side financial comparison of Core Scientific, Inc. (CORZ) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
Core Scientific, Inc. is the larger business by last-quarter revenue ($79.8M vs $50.3M, roughly 1.6× READING INTERNATIONAL INC). Core Scientific, Inc. runs the higher net margin — 268.5% vs -5.1%, a 273.6% gap on every dollar of revenue. On growth, READING INTERNATIONAL INC posted the faster year-over-year revenue change (-14.2% vs -16.0%). READING INTERNATIONAL INC produced more free cash flow last quarter ($4.1M vs $-450.8M). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% 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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
CORZ vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.8M | $50.3M |
| Net Profit | $214.2M | $-2.6M |
| Gross Margin | 26.0% | — |
| Operating Margin | -149.5% | -1.9% |
| Net Margin | 268.5% | -5.1% |
| Revenue YoY | -16.0% | -14.2% |
| Net Profit YoY | 180.6% | -14.5% |
| EPS (diluted) | $-1.63 | $-0.11 |
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 | $50.3M | ||
| Q3 25 | $81.1M | $52.2M | ||
| Q2 25 | $78.6M | $60.4M | ||
| Q1 25 | $79.5M | $40.2M | ||
| Q4 24 | $94.9M | $58.6M | ||
| Q3 24 | $95.4M | $60.1M | ||
| Q2 24 | $141.1M | $46.8M | ||
| Q1 24 | $179.3M | $45.1M |
| Q4 25 | $214.2M | $-2.6M | ||
| Q3 25 | $-144.0M | $-4.2M | ||
| Q2 25 | $-936.8M | $-2.7M | ||
| Q1 25 | $576.3M | $-4.8M | ||
| Q4 24 | $-265.5M | $-2.2M | ||
| Q3 24 | $-455.3M | $-7.0M | ||
| Q2 24 | $-902.2M | $-12.8M | ||
| Q1 24 | $210.7M | $-13.2M |
| 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% | -1.9% | ||
| Q3 25 | -67.6% | -0.6% | ||
| Q2 25 | -33.4% | 4.8% | ||
| Q1 25 | -59.1% | -17.2% | ||
| Q4 24 | -41.9% | 2.6% | ||
| Q3 24 | -43.2% | -0.6% | ||
| Q2 24 | -64.3% | -16.4% | ||
| Q1 24 | 30.8% | -16.7% |
| Q4 25 | 268.5% | -5.1% | ||
| Q3 25 | -177.6% | -8.0% | ||
| Q2 25 | -1191.4% | -4.4% | ||
| Q1 25 | 724.6% | -11.8% | ||
| Q4 24 | -279.7% | -3.8% | ||
| Q3 24 | -477.4% | -11.7% | ||
| Q2 24 | -639.4% | -27.4% | ||
| Q1 24 | 117.5% | -29.4% |
| Q4 25 | $-1.63 | $-0.11 | ||
| Q3 25 | $-0.45 | $-0.18 | ||
| Q2 25 | $-0.04 | $-0.12 | ||
| Q1 25 | $1.24 | $-0.21 | ||
| Q4 24 | $0.51 | $-0.11 | ||
| Q3 24 | $-1.17 | $-0.31 | ||
| Q2 24 | $-5.05 | $-0.57 | ||
| Q1 24 | $0.78 | $-0.59 |
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 | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $-962.7M | $-18.2M |
| Total Assets | $2.3B | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $311.4M | $10.5M | ||
| Q3 25 | $453.4M | $8.1M | ||
| Q2 25 | $581.3M | $9.1M | ||
| Q1 25 | $697.9M | $5.9M | ||
| Q4 24 | $836.2M | $12.4M | ||
| Q3 24 | $253.0M | $10.1M | ||
| Q2 24 | $96.1M | $9.3M | ||
| Q1 24 | $98.1M | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-962.7M | $-18.2M | ||
| Q3 25 | $-1.3B | $-12.1M | ||
| Q2 25 | $-1.2B | $-7.7M | ||
| Q1 25 | $-308.8M | $-8.1M | ||
| Q4 24 | $-943.0M | $-4.4M | ||
| Q3 24 | $-826.7M | $1.6M | ||
| Q2 24 | $-1.2B | $6.5M | ||
| Q1 24 | $-318.5M | $18.0M |
| Q4 25 | $2.3B | $434.9M | ||
| Q3 25 | $2.2B | $435.2M | ||
| Q2 25 | $1.9B | $438.1M | ||
| Q1 25 | $1.5B | $441.0M | ||
| Q4 24 | $1.5B | $471.0M | ||
| Q3 24 | $824.6M | $495.7M | ||
| Q2 24 | $664.2M | $494.9M | ||
| Q1 24 | $814.0M | $494.9M |
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 | $4.3M |
| Free Cash FlowOCF − Capex | $-450.8M | $4.1M |
| FCF MarginFCF / Revenue | -565.1% | 8.2% |
| Capex IntensityCapex / Revenue | 914.0% | 0.3% |
| Cash ConversionOCF / Net Profit | 1.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-779.8M | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.3M | $4.3M | ||
| Q3 25 | $131.8M | $295.0K | ||
| Q2 25 | $34.0M | $1.6M | ||
| Q1 25 | $-45.0M | $-7.7M | ||
| Q4 24 | $42.9M | $8.0M | ||
| Q3 24 | $5.7M | $1.3M | ||
| Q2 24 | $1.2M | $-10.4M | ||
| Q1 24 | $22.2M | $-2.8M |
| Q4 25 | $-450.8M | $4.1M | ||
| Q3 25 | $-112.7M | $-246.0K | ||
| Q2 25 | $-87.3M | $1.2M | ||
| Q1 25 | $-129.0M | $-8.0M | ||
| Q4 24 | $-52.1M | $7.0M | ||
| Q3 24 | $-25.5M | $-1.1M | ||
| Q2 24 | $-1.9M | $-10.6M | ||
| Q1 24 | $-9.7M | $-4.7M |
| Q4 25 | -565.1% | 8.2% | ||
| Q3 25 | -139.0% | -0.5% | ||
| Q2 25 | -111.0% | 1.9% | ||
| Q1 25 | -162.2% | -19.8% | ||
| Q4 24 | -54.8% | 12.0% | ||
| Q3 24 | -26.7% | -1.8% | ||
| Q2 24 | -1.4% | -22.7% | ||
| Q1 24 | -5.4% | -10.4% |
| Q4 25 | 914.0% | 0.3% | ||
| Q3 25 | 301.5% | 1.0% | ||
| Q2 25 | 154.2% | 0.6% | ||
| Q1 25 | 105.6% | 0.6% | ||
| Q4 24 | 100.0% | 1.7% | ||
| Q3 24 | 32.7% | 4.0% | ||
| Q2 24 | 2.2% | 0.5% | ||
| Q1 24 | 17.8% | 4.3% |
| 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% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
