Core Scientific (CORZ) FCF Margin (2021 - 2026)
Core Scientific (CORZ) recorded FCF Margin of -355.63% in Q2 2026, down 244.63 percentage points from -111.00% a year earlier and down 234.71 percentage points from the prior quarter.
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Analysis
Core Scientific (CORZ) FCF Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Core Scientific's FCF Margin came in at -217.52% as of Jun 30, 2026, down 143.84 percentage points year-over-year; for FY2025, it came in at -141.29%, down 131.10 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -101.89 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -10.20% in FY2024 (-19.94 pp), 9.74% in FY2023 (+37.67 pp), -27.92% in FY2022 (-17.50 pp) and -10.42% in FY2021 (+28.98 pp).
- The Q2 2026 figure is the lowest quarterly FCF Margin in data going back to Q1 2021.
- On a year-over-year basis, FCF Margin rose in 1 of the last eight quarters, with an average year-over-year change of -96.35 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 243.33 percentage points in Q2 2022, against a drop of 244.63 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -120.92% (Q1 2026), -152.62% (Q4 2025) and -138.97% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 21.82% |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 13.80% |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 9.71% |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | -19.47% |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 1,357.29% |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | -223.03% |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 48.96% |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | 36.66% |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 16.49% |
| 10 | Core Scientific | 5.28 Bn | 1.74 Bn | 70.04 Mn | -355.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -355.63% |
| Mar 31, 2026 | -120.92% |
| Dec 31, 2025 | -152.62% |
| Sep 30, 2025 | -138.97% |
| Jun 30, 2025 | -111.00% |
| Mar 31, 2025 | -162.24% |
| Dec 31, 2024 | -15.75% |
| Sep 30, 2024 | -26.70% |
| Jun 30, 2024 | -1.37% |
| Mar 31, 2024 | -5.42% |
| Dec 31, 2023 | 7.09% |
| Sep 30, 2023 | 2.38% |
| Jun 30, 2023 | 14.03% |
| Mar 31, 2023 | 15.25% |
| Dec 31, 2022 | -19.99% |
| Sep 30, 2022 | -35.25% |
| Jun 30, 2022 | 24.13% |
| Mar 31, 2022 | -71.08% |
| Dec 31, 2021 | 74.82% |
| Sep 30, 2021 | -107.96% |
API Access
Core Scientific FCF 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=fcf-margin&ticker=CORZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=CORZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();