Core Scientific (CORZ) EBITDA Margin (2021 - 2026)
Core Scientific (CORZ) reported EBITDA Margin of -38.35% for Q2 2026, down 28.78 percentage points from -9.57% a year earlier but up 216.57 percentage points from the prior quarter.
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Analysis
Core Scientific (CORZ) EBITDA Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Core Scientific's EBITDA Margin came in at -113.23%, down 88.35 percentage points year-over-year; for FY2025, it came in at -55.38%, down 49.73 percentage points from FY2024.
- EBITDA Margin has a five-year change of -60.48 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at -5.65% in FY2024 (-26.54 pp), 20.89% in FY2023 (+315.17 pp), -294.28% in FY2022 (-324.55 pp) and 30.28% in FY2021 (+25.18 pp).
- Five-year quarterly EBITDA Margin spans a low of -607.15% in Q2 2022 and a high of 46.98% in Q1 2024.
- Year over year, EBITDA Margin has now declined in each of the last four quarters, with an average year-over-year change of -63.68 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q2 2023 (a gain of 630.74 percentage points); the low point was Q2 2022 (a drop of 631.85 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -254.91% (Q1 2026), -129.61% (Q4 2025) and -47.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,946.21 Bn | 3,869.37 Bn | 60.48 Bn | 57.36% |
| 2 | International Business Machines | 235.48 Bn | 235.48 Bn | 9.71 Bn | - |
| 3 | Cloudflare | 116.30 Bn | 99.82 Bn | 499.52 Mn | -15.49% |
| 4 | Equinix | 98.60 Bn | 87.17 Bn | 1.40 Bn | 46.55% |
| 5 | Nebius | 41.43 Bn | 14.87 Bn | 448.70 Mn | 18.99% |
| 6 | CoreWeave | 32.82 Bn | 19.91 Bn | 1.70 Bn | 53.94% |
| 7 | Verisign | 27.43 Bn | 24.79 Bn | 393.20 Mn | 68.47% |
| 8 | Nutanix | 19.54 Bn | 11.22 Bn | 651.35 Mn | 11.68% |
| 9 | Akamai Technologies | 14.39 Bn | 7.80 Bn | 613.75 Mn | 24.45% |
| 10 | Core Scientific | 4.65 Bn | 1.11 Bn | 70.04 Mn | -38.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -38.35% |
| Mar 31, 2026 | -253.46% |
| Dec 31, 2025 | -127.95% |
| Sep 30, 2025 | -45.81% |
| Jun 30, 2025 | -7.50% |
| Mar 31, 2025 | -32.16% |
| Dec 31, 2024 | -39.99% |
| Sep 30, 2024 | -11.84% |
| Jun 30, 2024 | -43.05% |
| Mar 31, 2024 | 47.34% |
| Dec 31, 2023 | 25.29% |
| Sep 30, 2023 | 10.80% |
| Jun 30, 2023 | 23.59% |
| Mar 31, 2023 | 22.95% |
| Dec 31, 2022 | -467.13% |
| Sep 30, 2022 | -205.79% |
| Jun 30, 2022 | -605.38% |
| Mar 31, 2022 | 8.54% |
| Dec 31, 2021 | 40.75% |
| Sep 30, 2021 | 10.57% |
API Access
Core Scientific EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CORZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "CORZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CORZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();