Core Scientific stock slips as Q4 2025 revenue drops 16% and misses Wall Street forecast

On Monday, Core Scientific shares closed lower after the Bitcoin mining and AI compute firm reported fourth-quarter revenue of $79.8 million, a 16% year-over-year decline that fell short of the $90.4 million analyst estimate. The company posted net income of $216 million driven by a $330.3 million non-cash fair value gain, while adjusted EBITDA showed a $42.7 million loss and crypto mining revenue dropped to $42.2 million. Rival miner Riot Platforms also missed quarterly revenue expectations, reporting $152.8 million in Q4 sales, up 7% from the prior year.