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Core Scientific management says capacity additions drive nearly 60% sequential growth in Q3 2026 colocation revenue

PUBT·11/10/2026 14:39:28
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Core Scientific management says capacity additions drive nearly 60% sequential growth in Q3 2026 colocation revenue
  • Core Scientific management commentary attributed third-quarter 2026 performance gains to newly billable capacity and full-quarter contributions from earlier deliveries.
  • GAAP colocation revenue rose nearly 60% sequentially to $215 million.
  • Adjusted EBITDA increased to $134 million from $41 million in the second quarter.
  • Liquidity fell approximately $1 billion to approximately $1.7 billion, reflecting capital expenditures primarily for AMD sites and the Polaris acquisition.
  • Management expects double-digit sequential revenue growth in the fourth quarter as additional capacity enters billing and earlier deliveries contribute for a full quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Scientific Inc. published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.