Q3 2026 net income driven by warrant gain
Company: Core Scientific
The claim, verbatim
Net income was $1.18 billion ($3.42 basic EPS), driven mainly by a $1.03 billion non-cash gain on warrants, versus a $144 million loss a year earlier.
Source (primary)
Core Scientific's AI Business Now Accounts For 92% Of Its Total Revenue: CEO Says First Colocation Deal ‘Nearing Full Delivery’ - Stocktwits (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗
Quote: “The company said the profit was driven mainly by a $1.03 billion non-cash gain on its warrants. Net income was $1.18 billion”
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Additional evidence
confirms Core Scientific's AI Business Now Accounts For 92% Of Its Total Revenue: CEO Says First Colocation Deal ‘Nearing Full Delivery’ - Stocktwits
Quote: “The company said the profit was driven mainly by a $1.03 billion non-cash gain on its warrants. Net income was $1.18 billion”