Core Scientific (CORZ) Gross Margin (2021 - 2026)
Core Scientific's (CORZ) quarterly Gross Margin came in at 26.12% in Q1 2026, up 1580.0% year-on-year from 1.55% in Q1 2025, and little changed quarter-over-quarter from 26.02% in Q4 2025.
Core Scientific (CORZ) Gross Margin (2021 - 2026) Analysis & Trends
Core Scientific has disclosed Gross Margin across 6 years of filings, most recently posting 26.12% for Q1 2026.
- Gross Margin for Q1 2026 came in at 26.12%, up 1580.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.85% (up 429.0% YoY), and the FY2025 annual result was 11.88%, down 1183.0% from the prior year.
- Gross Margin came in at 26.12% for Q1 2026 at Core Scientific, roughly flat from 26.02% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 43.31% in Q1 2024 to a low of 38.96% in Q4 2022.
- The 5-year median for Gross Margin is 13.66% (2023), against an average of 13.8%.
- Across the five-year window, Gross Margin tumbled 8581 bps in 2022 and jumped 6665 bps in 2023, its largest moves.
- Core Scientific's Gross Margin stood at 38.96% in 2022, then surged by 171 bps to 27.69% in 2023, then sank by 82 bps to 5.02% in 2024, then surged by 419 bps to 26.02% in 2025, then grew by 0 bps to 26.12% in 2026.
- The last three Gross Margin figures came in at 26.12% (Q1 2026), 26.02% (Q4 2025), and 4.81% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 71.21% |
| 10 | Core Scientific | 8.91 Bn | 7.84 Bn | 30.11 Mn | 26.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.12% |
| Dec 31, 2025 | 26.02% |
| Sep 30, 2025 | 4.81% |
| Jun 30, 2025 | 6.39% |
| Mar 31, 2025 | 10.33% |
| Dec 31, 2024 | 5.02% |
| Sep 30, 2024 | -0.16% |
| Jun 30, 2024 | 27.51% |
| Mar 31, 2024 | 43.31% |
| Dec 31, 2023 | 27.69% |
| Sep 30, 2023 | 13.66% |
| Jun 30, 2023 | 29.12% |
| Mar 31, 2023 | 26.34% |
| Dec 31, 2022 | -38.96% |
| Sep 30, 2022 | -16.65% |
| Jun 30, 2022 | 7.76% |
| Mar 31, 2022 | 36.36% |
| Dec 31, 2021 | 46.84% |
| Sep 30, 2021 | 51.64% |
| Jun 30, 2021 | 32.59% |